Legendary investor Ray Dalio, founder of Bridgewater Associates, has issued a stark warning regarding the future impact of artificial intelligence (AI) and humanoid robots, predicting a dramatic incr… [+5158 chars]
Ray Dalio calls for wealth ‘redistribution policy’ when AI and humanoid robots start to benefit the 1% to 10% more than everyone else - Fortune
The hedge fund billionaire sees a "limited number of winners and a bunch of losers" with the 1% to 10% "benefiting a lot."
By:Nick Lichtenberg
Source:Fortune
Published:

Related News

S&P 500 rises to record high, led by gains in tech: Live updates - CNBC
More than 90 S&P 500 companies are slated to report quarterly results this week.
CNBC•Sean Conlon, Pia Singh

Stock Market Today: Dow Slides As Nasdaq Leads; This Auto Giant Makes History (Live Coverage) - Investor's Business Daily
Stock Market Today: The Dow Jones index falls Tuesday as UnitedHealth stock slides. An auto stock hit a high and a social media name falls.
Investor's Business Daily

Former Citi exec alleges sexual harassment by wealth chief - American Banker
Julia Carreon is suing the bank, alleging she suffered race and sex discrimination, including sexual harassment by Andy Sieg, the bank's head of wealth management.
American Banker•Allissa Kline