Ray Dalio Warns AI Could Widen Wealth Inequality
Billionaire investor Ray Dalio has cautioned that artificial intelligence could deepen economic inequality, creating what he called “a bunch of losers” if society does not plan for its disruptive effects. Speaking at a recent event, the Bridgewater Associates founder said AI’s rapid adoption is poised to disproportionately benefit the top 1% to 10% of earners and large corporations, while replacing or transforming millions of jobs.
Dalio noted that technological revolutions historically deliver major productivity gains but also widen income gaps, as those with capital, skills and access to new tools reap most of the rewards. “AI will be terrific for those who know how to use it, but not everyone will,” he said, warning that workers in routine and lower-skilled roles are at greater risk of displacement.
He argued that governments and businesses need to introduce policies to mitigate the downside—such as retraining programs, wealth redistribution measures or incentives to broaden AI access—so society can share in the benefits. Without such efforts, Dalio believes social tensions could rise as more people feel left behind by the new technology.
Despite his concerns, Dalio said AI remains an extraordinary innovation with the potential to accelerate economic growth and improve living standards. But he stressed that managing its social impact will be just as important as advancing its technical capabilities. His comments echo growing calls from economists and policymakers to ensure the AI era does not deepen inequality or erode social stability.
Sources: AirGuide Business airguide.info, bing.com