At Berkshire Hathaway's recent annual shareholder meeting in Omaha, Nebraska, Warren Buffett expressed his concerns about the potential misuse of artificial intelligence (AI).
Buffett's critique of AI emerged from a personal encounter with a highly realistic deepfake mimicking him.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe - We publish new crypto explainer videos every week!
How to Pick the Right DeFi dApp? (Dos and Don’ts Explained)
Despite admitting to having a limited understanding of AI, Buffett recognized its powerful impact, likening the disruptive potential of AI to that of nuclear weapons:
We let a genie out of the bottle when we developed nuclear weapons. And that genie has been now doing some terrible things lately. And the power of that genie is, you know, scares the hell out of me. And on the other hand, I don’t know any way to get the genie back in the bottle.
Buffett then said that AI was "somewhat similar."
He also pointed out that artificial intelligence could help the work of scammers. He jokingly remarked that he would send money to himself "over and over in some crazy country," given that the deepfake of him looked extremely realistic.
However, although he recognizes the risks, Buffett said he did not know how to handle AI:
I don’t think 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, it has enormous potential for good and enormous potential for harm, and I just don’t know how that plays out.
His cautionary stance calls for a discussion on balancing technological progress with safety, emphasizing the need to consider ethical considerations.
Adding to the topic of increasingly realistic AI-generated products, Synesthesia has recently launched "Expressive Avatars," the first AI avatars that can display human emotion.