Part 3/16:
Dalio is candid about the potential for AI to deepen societal inequalities. He asserts that AI will create "a limited number of winners and a bunch of losers," intensifying existing polarization. This trend mirrors current disparities, where the wealthiest 1% or top 10% disproportionately benefit from technological advancements, further widening economic and political gaps. The challenge lies in managing this polarization to prevent societal fragmentation and unrest.
He underscores that such economic divides could threaten the social fabric unless deliberate policies are implemented to ensure inclusivity. The rise of AI, Dalio warns, could serve as a "dividing force," unless countered by thoughtful redistribution and societal balancing measures.