Warren Buffett is admittedly no expert. Artificial intelligence But what he knows makes him uneasy.
Speaking in a Question and answer session at the annual Berkshire Hathaway shareholders conference On Saturday, Buffett likened the advent of AI to his thoughts on nuclear weapons. Berkshire’s CEO referred to his remarks from last year’s conference, recalling that he had described the atomic bomb as a genie from below who was “doing something terrible” and ” It scares the hell out of it.”
“AI is kind of like that, it’s part of getting out of the bottle, and it’s very important and somebody’s going to do it,” Buffett said on Saturday. “We wish we had never seen this genie, or it could do amazing things.”
Although he said he wasn’t very familiar with the technology, he did have one experience that made him “a little nervous” about AI: He stumbled across a video using his likeness created by AI. ate, “conveyed a message which by no means” came from him. . He feared this could open the floodgates to potential scams, calling it an “all-time growth industry”.
“I think, as someone who doesn’t understand a damn thing about it, that it has a lot of potential for good, and a lot of potential for harm,” he said. “And I don’t know how it works.”
Read more: Warren Buffett is selling Apple stock, AI, and life after Charlie Munger at Berkshire Hathaway.
gave Watch the highly-anticipated and up-close annual conferencedubbed the “Woodstock for Capitalists” by his fans, kicked off Friday in Buffett’s hometown of Omaha, Nebraska.
Shareholders wait all year for a chance to hear directly from the 93-year-old Buffett, known as the Oracle of Omaha. He was joined on the panel by Vice Chairs Ajit Jain and Greg Able.
Ahead of the conference, Berkshire reported a record cash and treasuries pile of $189 billion — up 13 percent in just three months — and a 39 percent year-over-year jump in operating profit to $11.22 billion.
Credit : qz.com