Buffett warned about AI's rise, likening it to the development of nuclear weapons, expressing concerns about its potential impact on society and the way it could be misused.
He highlighted deepfake technology as a concerning aspect of AI, predicting a rise in scams and fraudulent activities, emphasizing the need for caution and awareness.
Buffett and Munger's skepticism about new technologies like AI and Bitcoin stem from their long-held value investing principles at Berkshire, reflecting a cautious approach towards emerging trends in the economy.
[
add
]
[
|
|
...
]