Quote · The Diary Of A CEO with Steven Bartlett
Ray Dalio: I Predicted The 2008 Crash, I Know What Comes Next
Where this was said
Will AI Create Enough New Jobs to Offset Job Losses?
At 45:55 · chapter starts 43:18
Bartlett breaks for a sponsored segment, demonstrating Wispr Flow — a speech-to-text tool that works across any app and is four times faster than typing — live in real time by posting to Slack and drafting emails via voice. He then promotes Ketone IQ, a cognitive performance drink he co-owns alongside Jon Jones, offering 30% off subscriptions and citing personal use during high-output filming periods. Both sponsor reads feel organic given Bartlett's documented use.
Roughly 61% of US adults own stock in some form, but most hold it indirectly through retirement plans, and only 20% directly own individual shares.
The top 10% of US households hold approximately 90% of all stock, meaning the majority of AI-driven wealth creation benefits an extremely narrow slice of the population.
The 'new jobs will be created' narrative mostly comes from people who profit from AI and don't want to be attacked. When your mind and body are both replaceable, what exactly do you have left to sell? Dalio says only authentic human qualities — emotion, intuition, creativity — survive.
