{"id":174830,"date":"2025-12-09T04:52:08","date_gmt":"2025-12-09T04:52:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/174830\/"},"modified":"2025-12-09T04:52:08","modified_gmt":"2025-12-09T04:52:08","slug":"ray-dalio-says-middle-east-becoming-silicon-valley-of-capitalists-heres-why","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/174830\/","title":{"rendered":"Ray Dalio says Middle East becoming \u2018Silicon Valley of capitalists\u2019 \u2014 here&#8217;s why"},"content":{"rendered":"<p>Billionaire investor and Bridgewater Associates founder <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\/stock-market-news\/big-bubbles-plus-big-wealth-gaps-are-a-dangerous-mix-warns-billionaire-investor-ray-dalio-11764238065038.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"Ray Dalio\" rel=\"nofollow noopener\">Ray Dalio<\/a> believes the Middle East is fast emerging as one of the world\u2019s most powerful AI hubs, as per a CNBC report.<\/p>\n<p>Speaking to the channel on 8 December, Ray Dalio compared the Middle East&#8217;s momentum to the rise of <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/global\/silicon-valley-is-racing-to-build-the-first-1trn-unicorn-11763371881927.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"Silicon Valley\" rel=\"nofollow noopener\">Silicon Valley<\/a>\u2019s tech dominance, noting that the United Arab Emirates (UAE) and other Gulf nations are pushing large-scale investments in the AI space to attract global talent.<\/p>\n<p>\u201cWhat they\u2019ve done is to create talented people. So this [region] is kind of becoming a Silicon Valley of <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/global\/the-story-of-capitalism-told-by-its-detractors-11759404064890.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"capitalists \" rel=\"nofollow noopener\">capitalists<\/a>. So now people are coming in, money is coming in, talent is coming in. There\u2019s a buzz here, the way there\u2019s a buzz in San Francisco, places like that, about AI or technology. It\u2019s very similar to that,\u201d Ray Dalio said.<\/p>\n<p>Why Ray Dalio doesn&#8217;t see AI bubble as a big problem<\/p>\n<p>When asked about artificial intelligence (AI) led stocks being in <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\/stock-market-news\/is-there-an-ai-bubble-heres-why-billionaire-hedge-fund-founder-ray-dalio-urges-investors-not-to-sell-stocks-11763801514038.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"bubble\" rel=\"nofollow noopener\">bubble <\/a>territory, Ray Dalio said that investors should not rush to exit the sector, expressing an optimistic view of the technology and sector performance in the long term.<\/p>\n<p>\u201cAll the bubbles took place in times of great technological change. You don\u2019t want to get out of it just because of the bubble. You want to look for the pricking of the bubble,\u201d he told the channel.<\/p>\n<p>The billionaire added that <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\/commodities\/gold-inches-lower-as-investors-show-caution-ahead-of-fomc-meeting-11765221158625.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"investors\" rel=\"nofollow noopener\">investors <\/a>can usually find the catalyst for \u201cpricking\u201d during a tightening of money or a forced need to sell wealth to meet obligations.<\/p>\n<p>This comes amid admission of a possible AI bubble from Alphabet and Google chief <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/ai\/artificial-intelligence\/alphabet-google-sundar-pichai-admits-no-company-immune-ai-market-bubble-burst-stocks-valuation-expect-tech-last-internet-11763459746517.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"Sundar Pichai\" rel=\"nofollow noopener\">Sundar Pichai<\/a>, and ChatGPT-maker OpenAI&#8217;s Sam Altman, and multiple warnings about overvaluations that could crash over the next two years, from \u2018The Big Short\u2019 fame Wall Street legend <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/companies\/people\/michael-burry-scion-asset-management-investor-big-moves-big-short-predicted-2008-wall-street-collapse-market-bubble-2025-11763053977450.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"Michael Burry\" rel=\"nofollow noopener\">Michael Burry<\/a>. Notably, SoftBank&#8217;s Masayoshi Son, Nvidia&#8217;s Jensen Huang and Alibaba&#8217;s Eddie Wu have dismissed such concerns.<\/p>\n<p>Global economy \u2018precarious\u2019, says Ray Dalio<\/p>\n<p>Meanwhile, the investor warned of stress in <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\/india\/cci-clears-acquisition-of-commercial-real-estate-assets-by-nexus-select-trust-11676308230427.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"commercial real estate\" rel=\"nofollow noopener\">commercial real estate<\/a>, private equity, and venture capital, and expressed concerns about the global economy over the next two years amid what he flagged as \u201cconvergence of three dominant cycles\u201d \u2014 debt, geopolitics, and US political conflict.<\/p>\n<p>He pointed to similarities between the <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/economy\/ai-bubble-ai-boom-correction-james-galbraith-ai-warning-11765019046478.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"bubble\" rel=\"nofollow noopener\">bubble <\/a>in 2000, stating, \u201cThe next year or two in the future is going to be more precarious. We\u2019re seeing cracks in the markets in a number of ways, private equity, venture capital, debt that\u2019s being refinanced, and all of those. So we are in a bubble, I believe, by almost all of those measures.\u201d<\/p>\n<p>Going into 2026, <a class=\"backlink\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/companies\/people\/ray-dalio-michael-burry-encourage-social-media-followers-consider-donations-charity-christmas-holiday-season-gifts-musk-11764835473628.html\" data-vars-page-type=\"story\" data-vars-link-type=\"Manual\" data-vars-anchor-text=\"Ray Dalio\" rel=\"nofollow noopener\">Ray Dalio<\/a> also warned of political disruption in the US. \u201cAs we go into the 2026 elections, you will see a lot more conflict in different ways. Every country cannot continue to accumulate the debt they have, yet politically, they can\u2019t raise taxes and they can\u2019t cut benefits. So they\u2019re stuck. We now have populism of the left and populism of the right, which means irreconcilable differences,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"Billionaire investor and Bridgewater Associates founder Ray Dalio believes the Middle East is fast emerging as one of&hellip;\n","protected":false},"author":2,"featured_media":174831,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[365,112304,112305,363,22177,138,1288,14665,5399,219,5617,3499,374,1426,5107,300,111,139,69,5567,20980,7718,5824,1287],"class_list":{"0":"post-174830","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-ai","9":"tag-ai-hubs","10":"tag-ai-markets-bubble","11":"tag-artificial-intelligence","12":"tag-bridgewater-associates","13":"tag-business","14":"tag-capital","15":"tag-commercial-real-estate","16":"tag-debt","17":"tag-economy","18":"tag-global-economy","19":"tag-growth","20":"tag-innovation","21":"tag-investment","22":"tag-middle-east","23":"tag-money","24":"tag-new-zealand","25":"tag-newzealand","26":"tag-nz","27":"tag-private-equity","28":"tag-ray-dalio","29":"tag-silicon-valley","30":"tag-talent","31":"tag-venture-capital"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/174830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=174830"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/174830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/174831"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=174830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=174830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=174830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}