AXIOS May 4, 2024
Investing legend Warren Buffett on Saturday delivered a stark warning about artificial intelligence, likening the technology’s rise to the development of nuclear weapons in World War II.
Why it matters: While it’s not the first time Buffett has weighed in on AI risks, it comes at a time when AI is already creating vast amounts of paper wealth, and stoking expectations about how the technology will upend everyday life.
Driving the news: Buffett made his remarks at Berkshire Hathaway’s first annual meeting without Charlie Munger, the second-in-command who died in November at the age of 99.
- Although Berkshire isn’t directly invested in AI stocks, technology giant Apple remains its largest holding, even as the holding company significantly pared its...
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