Warren Buffett is worried about artificial intelligence.
At his annual shareholder meeting in Omaha, Nebraska, the 93 year-old co-founder, chairman and CEO of Berkshire Hathaway issued a stark warning about the potential dangers of the technology. “We let a genie out of the bottle when we developed nuclear weapons,” he said Saturday. “AI is somewhat similar — it’s part way out of the bottle.” The so-called Oracle of Omaha acknowledged to his audience that he has little idea about the tech behind AI, but said he still fears its potential repercussions.
JPMorgan Chase CEO Jamie Dimon said in his annual shareholder letter last month that while he doesn’t yet know the full effect AI will have on business, the economy or society, he knows its influence will be significant.
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