– Fraud has always been a part of the American market. But if I were interested in investing in fraud, it will be the fastest-growing industry of all time – said Warren Buffett about artificial intelligence and the deepfakes it generates. At the annual shareholder meeting, the legendary investor known as the Oracle of Omaha compared AI to an atomic bomb.
Warren Buffett compares AI to an atomic bomb. But he begins to implement it in the company himself
– We let the genie out of the bottle when we developed nuclear weapons. AI is somehow similar and has already partially left the “bottle”, said the president of Berkshire Hathaway funds. Buffett admitted that he actually had very little knowledge about the technology behind AI, but he was still afraid of the consequences of its development. The reason was his image, which, along with his voice, was cloned by a tool based on artificial intelligence algorithms. The legendary investor admitted that it was a fraud so convincing that even his family would have been defrauded. According to Buffett, such deep fakes will become more and more common.
However, Buffett admitted that artificial intelligence also has the potential to change the world for the better. – It has enormous potential to do good and evil. I don’t know yet in which direction it will develop, said the investor. Berkhsire Hathaway has already started using AI to increase employee productivity. However, it is not yet known how exactly the company intends to further use artificial intelligence technology.
AI can develop in many directions. We must make sure that everyone has access to it
– For me, scaring AI is a problem because experts are providing quite hardcore driving to a society that has less knowledge about this technology. And this is done by the same “experts” who have not necessarily dealt with AI so far, and now they feel that they need to speak out, but in a somewhat demonic way: that a worst-case scenario is coming. And it is this spread of apocalypticism that we should be afraid of. Because so far technological development shows that all this is not obvious, that the development trajectories of this technology are not predetermined – .
– Allowing people to co-create AI and collaborate with these models may be inevitable. If people end up in technological unemployment, artificial intelligence works for a handful of capitalists and they consolidate their wealth, and the rest are in total poverty, this is a road to nowhere. These people won’t be able to afford anything, they will live on some digital handout –
Source: Gazeta
Mabel is a talented author and journalist with a passion for all things technology. As an experienced writer for the 247 News Agency, she has established a reputation for her in-depth reporting and expert analysis on the latest developments in the tech industry.
