Ray Dalio: AI Will Crash Just Like 2008 | Dalio

Ray Dalio built Bridgewater Associates from a two-bedroom apartment into the largest hedge fund in the world — delivering something like $53 billion in cumulative net gains for investors, with roughly 12% returns and no significant losses along the way. He's also one of the very few who saw the 2008 financial crisis coming, posting positive returns of 9.5% that year while the S&P 500 collapsed nearly 40%. So when asked about warnings from investor Jeremy Grantham that we're facing an AI bubble and a potential economic collapse, his answer carries weight: he's right. Dalio makes clear he's as excited about AI's revolutionary potential as anyone. But he warns that investors are pouring in without paying attention to price — and when a bubble like that finally gets pricked, ordinary people are the ones who lose money. 🎙 Speaker: Ray Dalio 🎧 Source: The Diary Of A CEO

Added 5 Sept 2026