Warren Buffett compares AI advances to nuclear weapons: The genie is 'part way' out of the bottle
How do you think about the role of technological advances, especially generative AI, on more traditional industries. Thank you. Yeah. I made a mistake in calling on four but I’ll get back to two later on the the I don’t know anything about about AI, but I do. I do have, I don’t know. That doesn’t mean I deny its existence or importance or anything of the sort. And and last year I said you know that we let the genie out of the bottle when we when we developed nuclear weapons. And that genie has been done with doing some terrible things lately and the power of that genie is what you know, scares the hell out of me. And under that I don’t know any way to get the genie back in the bottle. And AI is somewhat similar. It it’s out, it’s part, way out of the bottle and and it’s enormously important and it’s going to be done by somebody. So we may wish we’d never seen that genie or what may do wonderful things. And I’m certainly not the person that can evaluate that and I probably wouldn’t have been the person that could have evaluated during World War 2 whether we tested a 20,000 ton a bomb that we felt was absolutely necessary for the for the United States and would actually save lives in the long run. But more, we also had Edmund Teller. I think it was it was on a parallel with Einstein in terms of saying you may with this test, ignite the atmosphere in such a way that civilization doesn’t continue and we decided to let the genie out of the bottle and it accomplished the immediate objective. But whether whether it’s going to change the future of society, we will find out later. Now AII had one experience that does make me a little nervous, and I’ll just explain it that very, very recently, fairly recently I I saw a an image in front of my eyes on screen and it was it was me and it was my voice and wearing the kind of clothes I wear. And my wife or my daughter wouldn’t have been able to detect any difference and it was delivering a message that no way came from me. So it when you think of the potential for scamming people, if you can reproduce images that I can’t even tell that say I need money, you know, I’m, you know, it’s your daughter. I’ve just had a had a car crash. I need $50,000 wired. I mean scamming has always been part of the American scene. But this would make me if I was interested in investing in scamming it’s going to be the growth industry of all time and it’s enabled in a way I now maybe you know obviously AI has potential for good things too but I don’t know how you based on the one I saw recently I practically would send it to send money to myself over in some crazy country. So I don’t have any advice on of the world handles it because I don’t think we we know how to handle what we did with the nuclear genie. But I do think, as someone who doesn’t understand a damn thing about it, that it is. It has enormous potential for good and enormous potential for harm, and I just don’t know how that plays out.