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Since the AI boom began, industry skeptics have warned it would be the next bubble. They point to massive investments, circular financing, and the technology’s reliability issues. And yet, as revenue rises and the models improve, it might appear that a crash is no longer likely. Ray Dalio says that isn’t the case. As the founder of Bridgewater Associates, the world’s largest hedge fund, Dalio knows a thing or two about markets. He famously warned of the 2008 crisis, enabling his firm to post gains while most funds lost money. In the AI market, Dalio still sees a potential calamity. The technology is amazing, he says, but that doesn’t necessarily mean it’s an amazing investment. Is he right? And can a catastrophe be averted? In conversation with Nicholas Thompson, CEO of The Atlantic, Dalio describes the five forces that shape history, explains why the AI boom has survived tariffs and the Iran War, and shares the advice he gives young people who are entering the workforce. Produced independently of The…
Since the AI boom began, industry skeptics have warned it would be the next bubble. They point to massive investments, circular financing, and the technology’s reliability issues. And yet, as revenue rises and the models improve, it might appear that a crash is no longer likely. Ray Dalio says that isn’t the case. As the founder of Bridgewater Associates, the world’s largest hedge fund, Dalio knows a thing or two about markets. He famously warned of the 2008 crisis, enabling his firm to post gains while most funds lost money. In the AI market, Dalio still sees a potential calamity. The technology is amazing, he says, but that doesn’t necessarily mean it’s an amazing investment. Is he right? And can a catastrophe be averted? In conversation with Nicholas Thompson, CEO of The Atlantic, Dalio describes the five forces that shape history, explains why the AI boom has survived tariffs and the Iran War, and shares the advice he gives young people who are entering the workforce. Produced independently of The…
Епизоди
Why Ray Dalio is Worried About an AI Bubble
СлушаноSince the AI boom began, industry skeptics have warned it would be the next bubble. They point to massive investments, circular financing, and the technology’s reliability issues. And yet, as revenue rises and the models improve, it might appear that a crash is no longer likely. Ray Dalio says that isn’t the case. As the founder of Bridgewater Associates, the world’s largest hedge fund, Dalio knows a thing or two about markets. He famously warned of the 2008 crisis, enabling his firm to post gains while most funds lost money. In the AI market, Dalio still sees a potential calamity. The technology is amazing, he says, but that doesn’t necessarily mean it’s an amazing investment. Is he right? And can a catastrophe be averted? In conversation with Nicholas Thompson, CEO of The Atlantic, Dalio describes the five forces that shape history, explains why the AI boom has survived tariffs and the Iran War, and shares the advice he gives young people who are entering the workforce. Produced independently of The…
Building Models That See the World - Eric Xing with Nicholas Thompson
СлушаноIf you want AI to drive your car or simulate a cell or control a robot, it had better be able to understand the world it’s operating within. Eric Xing is one of the leading researchers working on this kind of AI, known as ‘world models.’ Unlike LLMs, which are trained largely on text data and predict the next token, world models aim to understand and simulate physical environments using multimodal data. Xing found his way to the field after a long trek through prestigious institutions, studying cancer before transitioning to machine learning. Now, as the president of Mohamed bin Zayed University of Artificial Intelligence in the United Arab Emirates, he’s helping to train a generation of AI builders. In conversation with Nicholas Thompson, CEO of The Atlantic, Eric discusses how his unusual career trajectory prepared him to work in the AI industry, what people misunderstand about the US-China arms race, and how the war in Iran has impacted his work in the region. Produced independently of The Atlantic’s…
The Risks of Artificial Relationships - Sherry Turkle with Nicholas Thompson
СлушаноAI wants to be your friend. And your therapist. And your lover. It’s not an entirely new offer, author and MIT professor Sherry Turkle reminds us, but it’s one that’s grown more dire as AI has improved. In a conversation with Nicholas Thompson, CEO of The Atlantic, Turkle describes the dangers of anthropomorphizing generative AI, gleaned from hundreds of conversations she conducted (with real humans) for her new book, Artificial Intimacy: Who We Become When We Talk To Machines. What do we lose when we make machines our best friends? And what, if anything, do we stand to gain? Turkle details her own experience creating a simulation of her mother, and the wounds that we risk reopening. Produced independently of The Atlantic’s editorial staff. Supporting sponsor: PwC. (00:00) Introduction (03:45) The surprising return of relational machines (07:35) Why Sherry wrote her new book, Artificial Intimacy (11:18) The problem with delegating parenting, education, and therapy to AI (19:07) Why people seek emotional…
The Case Against the AI Bubble - Azeem Azhar with Nicholas Thompson
СлушаноAmong the many eye-popping numbers of the AI industry—from trillions in investments to billions in spending—one stands out: $0 in profit among leading AI companies. According to Bloomberg, “never before has so much money been spent so rapidly on a technology that, for all its potential, remains largely unproven as an avenue for profit-making.” That imbalance, and the industry’s reliance on circular financing, has led to fears of a bubble. But those concerns are overblown, according to Azeem Azhar, author of the Exponential View newsletter, who earlier this year released a report on the AI economy. In conversation with Nicholas Thompson, CEO of The Atlantic, Azhar expands on his findings. He says AI’s finances are sound: the demand is there, revenue is growing, and the technology will advance enough to deliver on the necessary ROI. Produced independently of The Atlantic’s editorial staff. Supporting sponsor: PwC. (00:00) Introduction (03:40) Mapping the AI economy through forensic accounting (07:50) How to…
The Future of Economic Power - Circle’s Jeremy Allaire with Nicholas Thompson
СлушаноTechnological waves often arrive with a promise. The internet was going to democratize information. Blockchain was going to decentralize power. Now, AI's boosters say it will bring unprecedented prosperity. Few people are better positioned to speak to that possibility than Jeremy Allaire. As the CEO of the fintech company Circle—issuer of the USDC stablecoin—and a longtime internet entrepreneur, Allaire has been at the center of the first two technological waves. With AI, he says we’re going through a change that’s “bigger than the Industrial Revolution.” He sees a future of financially-empowered agents—and believes this technology could be the one that finally fulfills the promise of shared wealth. In a conversation with Nicholas Thompson, CEO of The Atlantic, Allaire describes how the agentic economy might work, why regulation will be critical to its success, and what’s missing from the conversation around AI’s effect on society. Produced independently of The Atlantic’s editorial staff. Supporting sponsor:…