Billionaire Ray Dalio, chairman and chief investment officer of Bridgewater Associates, the world's largest hedge fund with $160 billion in assets under management, joined TheStreet to discuss his new book 'Principles.'

The audience for the book applies for anyone trying to be successful, Dalio said. "It's about how to have great audacious goals and to fail and to learn from mistakes and to have relationships. It's basically a compendium of things I learned along the way and wrote over the last 40 years to solve the problems I encountered. It's much broader based than the investment world."

Dalio also revealed his thoughts on artificial intelligence and the dangers that may arise from the technology. 

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