Buffett, who’s ranked by Forbes because the world’s sixth-richest man with a fortune of $167.2 billion, addressed the problem of the brand new expertise on the annual shareholders assembly of his firm Berkshire Hathaway within the US.
He mentioned that whereas AI was unlikely to render people out of date, the implications of the expertise spreading had been large.
“It can do all kinds of things, and when something can do all kinds of things, I get a little bit worried,” he mentioned.
“We did invent for very, very good reason, the atom bomb. And, World War Two, it was enormously important that we did so. But is it good for the next 200 years of the world that the ability to do so has been unleashed?”
The comparability is especially robust given Buffett has beforehand and on a number of events named a nuclear battle as his biggest worry, telling CNBC earlier this 12 months the thought stored him up at night time.
“With AI, it can change everything in the world, except how men think and behave, and that’s a big step to take,” Buffett mentioned, paraphrasing the same quote by Albert Einstein relating to the event of the nuclear bomb.
Buffett, alongside business accomplice Charlie Munger, spoke on quite a lot of subjects on the assembly, calling for financial institution regulators to discover a solution to punish irresponsible financial institution executives and board members, and calling for a peaceable relationship between China and the US.
“Everything that increases the tension between these two countries is stupid, stupid, stupid,” Munger mentioned.
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Source: www.9news.com.au
