Warren Buffett could run the FED? #shorts #cnbc #interest #buffett
Channel: go4money
Date: 02/05/2023

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Warren Buffett on ChatGPT and A.I.: It's 'extraordinary' but don't know if it's 'beneficial' #shorts #go4money
Warren Buffett on ChatGPT and AI: This is extraordinary but not sure if it’s beneficial yet

Berkshire Hathaway’s Warren Buffett said he has no expertise in artificial intelligence whatsoever, and thinks the technology is "extraordinary," but doesn't know if it's "beneficial."

Warren Buffett, Berkshire Hathaway CEO, joins CNBC's "Squawk Box" to discuss the rise of generative AI tools like ChatGPT and how they'll affect the U.S. economy. 

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we keep talking about chat GPT and how AI could change our economy in the future and of course there's a lot of questions about whether AI is dangerous and whether we have the right policies for it and I was curious if you've thought about that and I think it's something I don't understand at all but Bill came over I don't know four or five months ago and he said you know I'll show you what can be done and then they said

but he told me, he said, he said they can't tell jokes which I thought was very interesting, it just doesn't know how to tell jokes but it can tell you it's read every book, every legal

I mean the time it could save you doing all kinds of things is incredible, but I said the bill is, I said just let me know what I can ask it, you know, how are you going to, how are you going to ruin the human race and uh and uh and then let me know, that somebody pulls the plug or whatever I need to do at that point, and of course I'm programmed so that nobody thinks they should pull the plug or anything, I think, so I don't really understand it, I think it's an incredible technological advance in terms of what we can do, but I don't understand it.

I think it's an incredible technological advance in terms of showing what we can do, but I don't know if we know what's happening, and I was listening to a guy the other day who's very knowledgeable about technology, and he said it scares him, and if it scares him, it scares me when it comes to the possibilities, I mean, we've done amazing things, like.Like in 1945 we figured out how to make an atomic bomb, and I didn't know what an animal was, but Einstein told me it would change the world, and it did.

I don't want to change the world too often without having an idea of the consequences, and this coincidence is extraordinary, but I don't know if it's useful. We don't know where this is going to take us, and maybe we should pause for a while.