Recorded at CNBC’s CONVERGE LIVE event in Singapore, Sara Eisen speaks to industry titans, Ray Dalio of Bridgewater Associates and Salesforce CEO Marc Benioff, who appear on stage together for the first time.
On the economic challenges facing the US, Bridgwater Associates Founder Ray Dalio explained “they have to sell a quantity of debt that the world is not going to want to buy.”
Revealing what he thinks the Trump administration needs to do, Dalio told CNBC “the deficit must go from what will be projected now to be about 7.2% of GDP to about 3% of GDP, otherwise there will be a supply-demand problem.”
Also on the agenda was AI and the agentic future. “The next wave is the biggest, most exciting wave of technology in the history of technology. It is the shift to digital labor,” Salesforce’s Benioff told CNBC. The software company CEO also said he’ll be “the last CEO of Salesforce who only managed humans.”
Watch the video above for more from the conversation.