What do you think might have happened if Bilbo had told the dwarfs about the ring?

If Bilbo had revealed the existence of the ring to the dwarfs, it could have significantly altered their journey. They might have become more focused on the power and potential of the ring rather than their quest to reclaim the Lonely Mountain. This distraction could have led to internal conflict among the group, as some dwarfs might have coveted the ring for themselves. Ultimately, the quest for the ring could have overshadowed their original mission, potentially jeopardizing their success against Smaug.