Warren Buffett Warns of AI Use in Scams
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Warren Buffett compares AI to nuclear weapons, warns of scamming potential
Warren Buffett took a cautionary stance on artificial intelligence on Saturday at Berkshire Hathaway’s annual meeting, comparing the technology once again to the advent of nuclear weapons and warning about the potential for scams. "I don’t know anything about AI," the billionaire investor and co-founder of Berkshire Hathaway admitted, "but that doesn’t mean I deny its existence or importance or anything of the sort." He reiterated what he said last year: "That we let a genie out of the bottle...
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Warren Buffett’s Berkshire Hathaway sells 13% of its Apple shares
Warren Buffett’s Berkshire Hathaway offloaded around 13% of its Apple holdings in Q1 2024, the conglomerate revealed this weekend. Despite selling around 115 million shares, however, Buffett reaffirmed his commitment to AAPL going forward. Meanwhile, Tim Cook, who made the trip to Omaha for Berkshire’s annual meeting on Saturday, praised Buffett for his belief in Apple. more
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Warren Buffett’s Berkshire Hathaway reports steep earnings drop
Warren Buffett has come face to face with the downside of AI. And it looks just like him. The billionaire investing guru told tens of thousands of shareholders at his annual conference in Omaha that he recently saw an AI video of himself, complete with a perfect voiceover, giving fake advice.