Warren Buffett Highlights Profound Impact and Risks of AI at Annual Meeting

At Berkshire Hathaway's shareholder gathering, Buffett expressed both awe and concern over AI, comparing its potential to nuclear technology.

Buffett described AI as a 'genie out of the bottle,' emphasizing its irreversible influence and dual potential for both significant benefits and severe risks.
He raised alarms about AI-enabled scams, predicting they could become a major industry due to the technology's persuasive capabilities.
Despite his reservations, Buffett acknowledged AI's potential to drastically increase productivity and leisure, echoing historical economic predictions.
The investor's personal encounter with a convincing AI deepfake of himself underscored the technology's advanced capabilities and associated risks.
Buffett's comments reflect a broader anxiety within the business community about AI's transformative and potentially disruptive impact.