Ray Dalio Warns AI and Robots Could Widen Wealth Gap

What Happened

Ray Dalio, billionaire founder of Bridgewater Associates, has publicly warned that advances in AI and humanoid robots could disproportionately benefit the wealthiest 1 to 10 percent of people. Speaking at a recent event, he called for governments to implement policies to redistribute wealth if technological progress increases inequality. Dalio voiced concern that without proactive measures, the broader public may be left behind as automation and artificial intelligence expand their economic impact.

Why It Matters

The rise of AI and automation could reshape job markets and wealth distribution, risking increased inequality without intervention. Dalio\’s statements underline a growing debate on the societal impacts of emerging technologies. Read more in our AI News Hub