Billionaire investor and Bridgewater hedge fund founder Ray Dalio warned in an interview with All-In podcast co-host David Friedberg that neither the United States nor China can afford to lose the race for AI supremacy, stressing that this technological “war” is far more critical than “profits.”  .@RayDalio to @friedberg: Neither U.S. or China Can Afford To Lose AI War "I think the super scalers in this world have risk issues, think about Nvidia or others. I think that the tech war, certainly the productivity, I'm with you, but you want to invest in productivity. But… pic.twitter.com/mpVCek0pjM — CAPITAL (@capitalnewshq) January 28, 2025 DAVID FRIEDBERG: I’m a productive asset guy. I like owning businesses that make stuff. In this environment, where do I own a productive asset—a business that can still see its revenue and its income grow as this inflationary effect and this devaluation occurs as we get through a debt crisis like this? What would be the best kind of productive asset? Is it a mining business? Is it a commodity trading business? RAY DALIO: I’m with you. So, you know, that chart that we showed in the beginning has this line where productivity is going up. And it tends to […]