Billionaire investors Warren Buffett and Charlie Munger are skeptical of the impact of artificial intelligence applications such as ChatGPT.
when asked about how robotics and AI development will impact the stock market and society as a whole.
"I'm personally skeptical of some of the hype that has gone into artificial intelligence," Munger said. "I think old-fashioned intelligence works pretty well."AI chatbot ChatGPT"When something can do all kinds of things, I get a little bit worried because I know we won't be able to un-invent it," Buffett said.
One of Buffett's worries: We may not yet be aware of the unforeseen consequences of unleashing this new technology into the society. He used the creation of the atom bomb as an example: The weapon was invented with a specific purpose in mind during World War II, but there are questions about whether it has been necessarily "good for the next 200 years of the world.", but also said the technology is outside of his area of expertise.
Munger has previously regarded artificial intelligence as a "mixed blessing." Although AI is important, there's also "a lot of crazy hype" around it, and the tech won't be able "to do everything that we want,"
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