Warren Buffett says one question posed by AI has stumped economists for a century [CNBC]
Berkshire Hathaway Inc. New (BRK.B)
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Source: CNBC
His massive stake in Apple, for example, his largest stock holding even if it's been reduced , came about more as an epiphany related to its consumer success than as a technology bet, he said over the weekend at the Berkshire Hathaway annual meeting . But at the closely watched event in Omaha this year, the billionaire investor and Berkshire CEO and chairman couldn't avoid AI as a topic on the minds of shareholders. Buffett fielded several questions about artificial intelligence. Calling AI profound, Buffet said that the technology is like a “genie” — once it gets let out of the bottle, it could have disastrous effects. The worst fears he sees — massive scamming ability enabled by AI to the threat of a breakthrough science equivalent to nuclear weapons in unintended consequences and risk to humanity. And there is at least one question, Buffett said, that no one can answer when it comes to AI's impact on the world which may change the lives of every individual on a daily basis. It's
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BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 13F-HR/A
- 5/15/24 - Form 13F-HR/A
- BRK.B's page on the SEC website