Warren Buffett talked about the dramatic effects of artificial intelligence (AI) during the recent annual meeting of Berkshire Hathaway, drawing comparisons between the technology’s transformative potential and those of atomic bombs. Despite the unforeseen and potentially permanent repercussions of artificial intelligence, he voiced hope in the company’s capacity to use its beneficial elements.
During the annual shareholder meeting of Berkshire Hathaway, Warren Buffett expressed his serious concerns about the potential profound influence of artificial intelligence (AI). He went so far as to compare its revolutionary force to nuclear energy. Buffett talked about his shocking personal experience with artificial intelligence (AI), in which he witnessed an incredibly lifelike video of himself speaking—a message he never gave.
“I’ll just explain, but I had one experience that does make me a little nervous,” he stated. It was not too long ago that I saw an image on the screen that was me, with my voice. and dressing in the same manner as me. Neither my wife nor my daughter would have seen a difference. Furthermore, it was conveying the idea that it was not coming from me.
Buffett acknowledged his poor knowledge of artificial intelligence (AI) but acknowledged its importance and even its irreversibility, comparing it to the powers of the atom that were unleashed a century ago. “I said last year that when we developed nuclear weapons, we let a genie out of the bottle, and that genie has been doing some terrible things lately,” the speaker remarked. And you know what really terrifies me about that genie is her power. After that, I’m at a loss on how to return the genie to the bottle. AI is also fairly comparable.
His comments demonstrated a cautious view of the technology’s future and highlighted the unforeseen and perhaps irreversible effects of sophisticated AI systems.
Buffett expressed confidence in Berkshire Hathaway’s leadership’s capacity to exploit the beneficial aspects of artificial intelligence (AI) despite these worries.
He talked about how AI could have “terrific benefits” if handled properly, but he also mentioned the difficulties that come with making sure that happens. His considerations also encompassed the wider effects on Berkshire’s varied commercial activities, ranging from retail and transportation to utilities and insurance.
