Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
And there'll be maybe five measures of inflation. Right. And we're using the term inflation because our minds are limited in its capacity of the number of things we could think about. When we're now in this new reality, which we now are, you can go down to a molecular level, essentially, and saying, I could see all the different transactions of what was bought and what was sold and why. Exactly.
And now I can really have a level of understanding. We don't have to be at this grand level that we don't. We're going to be at the molecular level of understanding individual transactions and what's affecting them and be able to deploy resources at the individual molecular level, just like we can do it in biology or physical existence and so on.
And now I can really have a level of understanding. We don't have to be at this grand level that we don't. We're going to be at the molecular level of understanding individual transactions and what's affecting them and be able to deploy resources at the individual molecular level, just like we can do it in biology or physical existence and so on.
And now I can really have a level of understanding. We don't have to be at this grand level that we don't. We're going to be at the molecular level of understanding individual transactions and what's affecting them and be able to deploy resources at the individual molecular level, just like we can do it in biology or physical existence and so on.
What the money's going for. And that'll change everything. It'll change the controls. And it but it is, of course, a two edged sword. Right. It'll change who controls it, who has access to it, who can use it detrimentally to other people. All of these things are part of the question.
What the money's going for. And that'll change everything. It'll change the controls. And it but it is, of course, a two edged sword. Right. It'll change who controls it, who has access to it, who can use it detrimentally to other people. All of these things are part of the question.
What the money's going for. And that'll change everything. It'll change the controls. And it but it is, of course, a two edged sword. Right. It'll change who controls it, who has access to it, who can use it detrimentally to other people. All of these things are part of the question.
I think there's a question of whether you can have social and totalitarian controls, or maybe you just have anarchy. I mean, I don't know where we're going. I cannot tell you what this world... I do believe we're going to go through a time warp, okay? What I mean, it's going to feel like... you're going through over the next five years.
I think there's a question of whether you can have social and totalitarian controls, or maybe you just have anarchy. I mean, I don't know where we're going. I cannot tell you what this world... I do believe we're going to go through a time warp, okay? What I mean, it's going to feel like... you're going through over the next five years.
I think there's a question of whether you can have social and totalitarian controls, or maybe you just have anarchy. I mean, I don't know where we're going. I cannot tell you what this world... I do believe we're going to go through a time warp, okay? What I mean, it's going to feel like... you're going through over the next five years.
And that environment is because of these five major forces, all of these things, and the changes in the technologies, particularly artificial intelligence and related technologies. So the world five years from now is going to be a radically different world. And I don't know what that's going to look like when you go into the world of quantum computing, right?
And that environment is because of these five major forces, all of these things, and the changes in the technologies, particularly artificial intelligence and related technologies. So the world five years from now is going to be a radically different world. And I don't know what that's going to look like when you go into the world of quantum computing, right?
And that environment is because of these five major forces, all of these things, and the changes in the technologies, particularly artificial intelligence and related technologies. So the world five years from now is going to be a radically different world. And I don't know what that's going to look like when you go into the world of quantum computing, right?
And what quantum is like in so many different ways, it raises questions of, you know, what is that like? I'm not smart enough to tell you what that world is going to look like.
And what quantum is like in so many different ways, it raises questions of, you know, what is that like? I'm not smart enough to tell you what that world is going to look like.
And what quantum is like in so many different ways, it raises questions of, you know, what is that like? I'm not smart enough to tell you what that world is going to look like.
Who is in control? I don't know who's in control.
Who is in control? I don't know who's in control.
Who is in control? I don't know who's in control.
Well, that's. I said my my business is try to predict. But I'd say the first thing, whatever success I've had in life has more to been due to my knowing how to deal with what I don't know than anything I know. OK, so how you deal with what you don't know, I believe, OK, is so important. So, yes, my my business in a nutshell is I try to find a bunch of bets that I think are good bets.