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Ray Dalio Warns AI Will Enrich the Few and Displace Professionals

He says the United States may be too fragmented to implement the redistribution he believes will be required.

Overview

  • On The Diary of a CEO podcast, the Bridgewater founder said AI will concentrate gains among the top 1%–10% and widen inequality.
  • He predicted humanoid robots and advanced systems could replace roles including accountants, doctors, and lawyers.
  • Dalio argued that a redistribution policy will be needed but said cash transfers alone would not address purpose and participation.
  • He cautioned that political polarization could block workable responses, risking deeper social conflict.
  • Benzinga noted that his warnings suggest potential regulatory and taxation risks for AI-focused firms even as stocks like NVIDIA and Microsoft lead market gains.