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Billionaire Ray Dalio warned that artificial intelligence is a “classic bubble” that is nearing a bursting point thanks to rising interest rates and the need to turn wealth into cash. Read more here: bloom.bg/4AOTfH7 📷: Chris J. Ratcliffe/Bloomberg via Getty Images

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Tbf. Ray Dalio had been saying we’re in a bubble and it’s going to burst about everything for the last 10 years.