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Warren Buffett compares AI to nuclear weapons in stark warning

Yahoo! Finance, Nicole Goodkind, CNN, Tue, 7 May 2024 

Warren Buffett is worried about artificial intelligence.

At his annual shareholder meeting in Omaha, Nebraska, the 93 year-old co-founder, chairman and CEO of Berkshire Hathaway issued a stark warning about the potential dangers of the technology.

“We let a genie out of the bottle when we developed nuclear weapons,” he said Saturday. “AI is somewhat similar — it’s part way out of the bottle.”

The so-called Oracle of Omaha acknowledged to his audience that he has little idea about the tech behind AI, but said he still fears its potential repercussions. His image and voice were recently replicated by an AI-backed tool, he said, and they were so convincing that they could have fooled his own family. Scams using these deep fakes, he added, will likely become increasingly prevalent.

“If I was interested in investing in scamming, it’s going to be the growth industry of all time,” he told the crowd…………………………………………………………………………………..

Forty-two percent of CEOs surveyed at the Yale CEO Summit last summer said AI has the potential to destroy humanity five to 10 years from now, according to survey results shared exclusively with CNN.

“It’s pretty dark and alarming,” Yale professor Jeffrey Sonnenfeld said of the findings.

Sonnenfeld said the survey included responses from 119 CEOs from a cross-section of business,…………………………..

Dozens of AI industry leaders, academics and even some celebrities have signed a statement warning of an “extinction” risk from AI.………………………………. “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war,” the statement said. https://au.finance.yahoo.com/news/warren-buffett-compares-ai-nuclear-181451339.html

May 8, 2024 - Posted by Christina Macpherson | technology