Billionaire Rui Dalio warned that the field of artificial intelligence is already a typical bubble. Driven by rising interest rates and demand for wealth monetization, the bubble is not far from bursting. At the Forbes Global CEO Conference in Singapore on Wednesday, Dalio said that a large amount of debt financing is being invested in the AI sector. As interest rates continue to rise, the bubble will burst. The founder of the Bridge Water Foundation said, “We are still in the phase of the cycle before the bubble bursts, but we are very close to the tipping point. I think we're not far from that.”

Billionaire Rui Dalio warned that the field of artificial intelligence is already a typical bubble. Driven by rising interest rates and demand for wealth monetization, the bubble is not far from bursting. At the Forbes Global CEO Conference in Singapore on Wednesday, Dalio said that a large amount of debt financing is being invested in the AI sector. As interest rates continue to rise, the bubble will burst. The founder of the Bridge Water Foundation said, “We are still in the phase of the cycle before the bubble bursts, but we are very close to the tipping point. I think we're not far from that.”