Warren Buffett Warns of AI Risks; IBM CEO Disagrees as Berkshire Trims Apple Stake
May 6, 2024
Warren Buffett, at Berkshire Hathaway's annual meeting, raised concerns likening the potential dangers of AI to nuclear weapons.
IBM CEO Arvind Krishna counters Buffett's view, downplaying fears of AI's excessive power and questioning the continuation of its exponential growth.
Krishna highlights the necessity of infrastructure and power for further AI advancements and doubts AI will achieve super intelligence.
Buffett revealed Berkshire Hathaway reduced its Apple Inc. holdings by 22%.
Despite AI concerns, Buffett maintains a positive outlook on Apple's market resilience.
Summary based on 28 sources
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Sources

CNN • May 6, 2024
Warren Buffett compares AI to nuclear weapons in stark warning
Yahoo Finance • May 6, 2024
Why IBM's CEO disagrees with Warren Buffett's stance on AI
Yahoo Finance • May 5, 2024
Buffett Praises Apple After Trimming It, Drops Paramount Stake