Warren Buffett shares his thoughts on the rapidly evolving technology.
Generative artificial intelligence has become a hot topic of discussion this year, with apps like ChatGPT catching the fancy of the masses. While AI chatbots are being employed for a wide range of tasks, there is also the potential for them to be misused. There is also strong concern that AI will take away millions of jobs, and many tech entrepreneurs, including Elon Musk, have spoken out against its spread. Now, billionaire investor and CEO of Berkshire Hathaway, Warren Buffett has also shared his thoughts on the fast-evolving technology.
During a discussion at the company’s annual meeting in Omaha, Nebraska, Mr. Buffett compared the creation of the powerful technology to the atomic bomb, new york post informed of.
Sometime back, the billionaire got a chance to try ChatGPT after his friend Bill Gates showed it to him. While he was impressed by its vast capabilities, he said he was a bit apprehensive about the technology.
”When something can do all kinds of things, I get a little worried. Because I know we won’t be able to invent it and, you know, we invented the atomic bomb in World War II for a very, very good reason,” the 92-year-old investor told Berkshire Hathaway Vice Chairman Charlie Heath at the meeting. Munger also participated.
“It was very important that we did this. But is it good for the next two hundred years of the world that the ability to do so has been freed up?” He continued. He further stated that he believes AI will “change everything in the world except how men think and behave.”
“We didn’t have a choice, but when you start something, well,” Einstein said after the atomic bomb, he said, it changed everything in the world except how people thought. And I say the same thing. Probably not the same thing, I don’t mean it, but I mean with AI, it could change everything in the world except how men think and behave. And that’s a big step,” Mr. Buffett said.
Mr. Munger also shared his skepticism regarding the technology. “I am personally apprehensive about some of the hype in artificial intelligence. I think old fashioned wisdom works very well”, he said.
More recently, Geoffrey Hinton, widely known as one of the “godfathers of AI”, expressed similar concerns when he said that artificial intelligence could pose a “more urgent” threat. Humanity vs Climate Change He also told the BBC that chatbots could soon exceed the level of information the human brain can hold.
Meanwhile, in April, Twitter CEO Elon Musk joined thousands of people signing an open letter calling for a six-month pause in development of a system more powerful than OpenAI’s recently launched GPT-4. .