Ray Dalio says AI comes with a big downside: creating a 'bunch of losers'

Tech Insider : Business, Style
Ray Dalio speaks onstage during the 2025 TIME100 Summit at Jazz at Lincoln Center in New York City on April 23, 2025.
Ray Dalio said on Monday that the US "debt bomb problem" can only be solved with a "mix of tax revenue increases and spending decreases that are determined in a bipartisan way."

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Billionaire Ray Dalio thinks universal basic income is no magic wand — and may even do more harm than good

Tech Insider : Economy, Economy
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Ray Dalio founded Bridgewater Associates.

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My internship at Bridgewater Associates felt like a 'Black Mirror' episode.

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Daria Rose's experience interning at Bridgewater Associates was eye-opening and transformative.

Daria Rose; Getty Images; Chelsea Jia Feng/BI

See the private island outside NYC that a hedge fund exec is listing for $35 million

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An aerial view of Rogers Island, with the house and pool visible.
Rogers Island could be yours for a cool $35 million.

Daniel Milstein Photography

Elite investor Ray Dalio says risk of US civil war is up to 40% — and thinks Taylor Swift could be a good president

Tech Insider : Economy, Economy
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Ray Dalio founded Bridgewater Associates.

Reuters / Ruben Sprich

Nvidia wins fresh support as firms tied to Bill Gates and Ray Dalio reveal stakes in the microchip giant

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Bill Gates.

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Bridgewater rigged its famous 'believability weighting' system after founder Ray Dalio complained that some employees scored higher than him, book says

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Ray Dalio
Ray Dalio was less than thrilled that other employees were scoring higher than him on Bridgewater's famous believability weighting measure, according to a new book.

Reuters/ Ruben Sprich

Bridgewater spent $1 million renovating a 45-foot 'Rockstar Bus' to shuttle employees between the office, bars, and casinos, book says

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Ray Dalio, Bridgewater Associates on Centre Stage during day two of Web Summit 2018, in front of green and pink lights.
Bridgewater's "Rockstar Bus" took staff to bars and casinos, a new book says.

Eoin Noonan /Web Summit via Getty Images

A Bridgewater-owned mansion had a written policy for hiring strippers, a new book says

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Ray Dalio
Ray Dalio founded the world's largest hedge fund in 1975, and stuck with the company until he retired in 2022.

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Bridgewater's employee-rating system tracked even the lowest-paid workers — who could get dinged if the office ran out of soda, a book says

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Ray Dalio
Ray Dalio founded Bridgewater in 1975. His tactics for managing his staff are the subject of a new book called "The Fund."

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