Warren Buffett is warning that the risks posed by rapid AI development are reminiscent of a geopolitical issue that defined much of his career: the development of nuclear weapons.
Speaking in a two-hour special program that aired Tuesday night on CNBC, the now former CEO of Berkshire Hathaway (BRK-A, BRK-B) said that AI leaders' lack of understanding about where the technology is headed is dangerous.
"Even the people that are smartest about it say they don't know where it's going," Buffett said. "It's one thing to say you don't know where you're going if you're Columbus and you can always turn around and go back, but the genie is out of the bottle."
The famed investor compared AI leaders' blindness over where the technology is headed to Albert Einstein's comments during the Second World War about the development of the atomic bomb: "This changes everything in the world except how people think."
https://finance.yahoo.com/news/warren-buffett-compares-ai-risks-to-those-posed-by-nuclear-weapons-the-genie-is-out-of-the-bottle-122210523.html
4 Comments
Does Warren Buffett make a valid point, or is he off the mark?
His new comments echo [previous public statements](https://finance.yahoo.com/news/the-oracle-of-omaha-warns-about-ai-what-buffett-said-at-berkshire-194134293.html?utm_source=chatgpt.com) he has made as the AI revolution has dominated the financial markets over the last few years.
At Berkshire Hathaway’s annual shareholder meeting in May 2024, for instance, Buffett said AI has “enormous potential for good and enormous potential for harm.”
warren buffet is no AI expert while his point isn’t incorrect per say, I don’t think it should make headlines.
I have to disagree. While it is nearly impossible for a private individual to own a nuclear warhead, that same individual could potentially manipulate AI for evil purposes, and AI is becoming so widespread that the potential number of bad actors is in the millions.
Government research in wartime is a very different situation than private companies exaggerating their claims and manipulating the market.
I believe Kellogg finally found a positive ROI case for their logistics but it’s not clear if it’s a LLM or an expert system.