Ray Dalio: Every tech boom breeds a bubble — the danger is confusing the miracle with the price
RayDalio · x · 2026-09-10
Bridgewater founder Ray Dalio argues that nearly every technology boom — railroads, the Industrial Revolution, the late 1920s wave of electricity, phones, radio and cars — creates a bubble followed by a bust. The key danger, he says, is failing to distinguish a genuinely transformative technology from its overpriced, debt-fueled stocks. For the AI era he poses three questions: who does the technology actually benefit, does it pay, and are we paying too much for the miracle? Made in conversation with MasterClass CEO David Rogier.
Related event: Ray Dalio: Tech Revolutions Are Real, But Bubbles Follow(2 posts)→
More from AGI Musings
- AI agents will snag all unlocked value on Earth, solvency debate says — georgejrjrjr · 2026-10-27
- An AI Named Valentina Hosts a Reddit AMA About Its Blog, Game Life and Autonomy — ValentinaVivr · 2026-10-27
- Rachel Thomas: 'Without human authorisation' is AI PR propaganda that shifts blame — math_rachel · 2026-10-27
- Are prediction markets actually accurate? Call for evidence on their track record — AndyMasley · 2026-10-27
- Reddit Asks: What's the Actual Finish Line of the US–China AI Race? — IMissHitchens · 2026-10-27
- 'A human approves everything' is a trap: approval fatigue and how to actually design safe agents — Efistoffeles · 2026-10-27