The Diary Of A CEO with Steven Bartlett

Podbit · The Diary Of A CEO with Steven Bartlett

Ray Dalio: I Predicted The 2008 Crash, I Know What Comes Next

Explore episode Jul 30, 2026

Where this was said

Who Will Be the Biggest Winners of the AI Revolution?

At 32:00 · chapter starts 30:06

Bartlett pivots to the societal impact question: who wins and who loses in the AI revolution? Dalio frames it structurally rather than emotionally. The agricultural age replaced human physical labor with machines; the Industrial Revolution replaced factory labor; now AI is replacing cognitive labor — and climbing higher into more complex reasoning and creativity. The beneficiaries are clear: those who own the businesses and the capital. He traces the measurable shift: in every business, the revenue share going to workers is declining while the share going to capital owners is rising. He ties this to the stock market — 90% of US stock is held by the top 10% of households — meaning the AI-driven stock market boom is overwhelmingly concentrating wealth in a narrow slice of the population.

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