Dalio's Warning, AI Arms Race, China Powers Ahead, NYC Tax Standoff

Dalio's Warning, AI Arms Race, China Powers Ahead, NYC Tax Standoff

May 15, 2026 | 57 mins
This week, Ray Dalio explains why markets shrug off wars and why this time might be different. And, why are AI executives warning about the dangers of systems they are simultaneously racing to build?  Plus, China’s massive investments in energy infrastructure are increasingly shaping the global competition for artificial intelligence leadership and industrial power. Later, can New York remain attractive to businesses and young workers while raising taxes to close a growing budget shortfall? See omnystudio.com/listener for privacy information.
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Podcast Transcript

Wall Street Week Journalists