Warren Buffett warns about the potential threat of artificial intelligence
Date: 2024-05-06 Author: Oliver Abernathy Categories: IN WORLD
Warren Buffett, renowned investor and co-founder of Berkshire Hathaway, has expressed his concerns about the impact of artificial intelligence (AI) on financial markets, comparing its potential threats to the advent of the atomic bomb and the proliferation of nuclear weapons. In remarks at the annual shareholder meeting, which were broadcast on CNBC, Buffett emphasized that while he is not an expert in artificial intelligence, he recognized the potential risks when faced with his own deepfake.
According to the billionaire, the emergence of artificial intelligence in financial markets is similar to the emergence of nuclear weapons in the 20th century. This creates potential threats that can be both positive and negative. Buffett urged caution and expressed concern that there is no way to "put the genie back in the bottle" once such technologies are created.
He also emphasized the importance of awareness in the use of new technologies, noting that it is necessary to consider both the potential positive and negative aspects of their implementation. Buffett warned of possible risks of fraud and misrepresentation using artificial intelligence, especially in the context of financial transactions.
In addition, Warren Buffett reflected his doubts about cryptocurrencies in his statements, comparing Bitcoin to gambling and emphasizing its internal instability. These reflections from Buffett continue to draw public attention to issues of technological development and its impact on global markets and economies.
