Omaha, Nebraska – Renowned investor Warren Buffett has issued a stark warning about the risks associated with artificial intelligence, calling it a “genie that scares the hell out of me.” Buffett, known for his successful investment strategies, believes that AI has the potential to pose significant threats to humanity if not handled carefully.
Buffett cautioned that AI could become the next big industry for scamming, highlighting the importance of vigilance in monitoring its development. His words come as technology continues to advance rapidly, raising concerns about the ethical implications of AI and its impact on society.
Comparing AI to the atomic bomb, Buffett emphasized the need for responsible stewardship and regulation in harnessing the power of this technology. He warned that AI, once unleashed, could have profound and potentially devastating consequences if misused or left unchecked.
During Berkshire Hathaway’s annual meeting, Buffett touched on the topic of AI, hinting at possible future investments in the field. He also teased at succession plans within his company, indicating a willingness to adapt and evolve with the changing landscape of technology and business.
In his latest remarks, Buffett expressed his belief that the AI genie is “out of the bottle,” underscoring the irreversible nature of technological advancements. As AI continues to reshape industries and redefine the way we live and work, Buffett’s words serve as a sobering reminder of the need for caution and foresight in embracing these innovations.