Rui Dalio, founder of Bridgewater Fund, said that AI has revolutionary value to change the production mode, but the current market has the characteristics that conform to the historical foam law, the asset valuation is far higher than the actual profitability, and high leverage will amplify the risk of foam bursting. Rui Dalio suggests that investors reduce risk through diversified allocation of stocks, cash, gold, bonds, and real estate, among which gold can play a role in diversifying risk during periods of currency depreciation and rising financial pressure. Regarding the job market, Ray Dalio believes that AI will replace some repetitive mental labor, and in the future, people who can collaborate with AI and continuously adapt to changes will have a greater advantage.
