At Berkshire Hathaway, Inc BRK BRK annual shareholders meeting on Saturday in Omaha, Nebraska, investment gurus Warren Buffett And Charlie Munger shared their thoughts on the pros and cons of artificial intelligence.

Munger, who introduced Buffett to the Chinese electric vehicle maker BYD Manufacturing Company Limited BYDDY BYDDFnoted the incredible use of robotics in BYD’s factories, according to CNBC. “We’re going to see a lot more robotics in the world,” he added.

However, Berkshire’s vice chairman said he’s personally skeptical of the hype surrounding AI. “I think old-fashioned intelligence works pretty well,” he said.

See also: The best stocks for artificial intelligence

Buffett chimed in, saying he believes “there’s not going to be anything in AI that will replace the gene.” He also noted that his good friend Bill Gates had shown him ChatGPT, refers to the GPT language model that Microsoft licenses from OpenAI.

“If something can do all sorts of things, I worry a little bit,” Buffett said, adding that “we’re not going to be able to reinvent it.”

The “Oracle of Omaha” warned of the impact of AI, making an analogy between the technology and the atomic bomb, and loudly wondering if the invention of the atomic bomb “would be good for the next 200 years for the world that has the capability.” been unleashed.”

“With AI, you can change everything in the world except how men think about AI, and that’s a big step,” he said.

Continue reading: The EV market through the eyes of Warren Buffett, Adam Smith and Charles Darwin: An analyst’s perspective

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