Warren Buffett, the CEO of Berkshire Hathaway, recently expressed his mixed feelings about artificial intelligence (AI) at Berkshire’s annual shareholders meeting. He acknowledged the enormous potential of AI for both good and harm, drawing parallels with the emergence of nuclear weapons.

Buffett shared a personal experience with AI that left him unsettled. He saw an image of himself on his screen, complete with his voice and his usual attire, delivering a message that he did not create. This incident highlighted the potential of AI for scamming people, a concern that Buffett believes will grow over time.

Despite his concerns, Buffett remains bullish about the U.S. economy and the stock market. He believes that while emerging technologies like AI come with risks, they also have the potential to improve productivity across many sectors. This is particularly true for labor-sensitive businesses, which could see significant disruptions due to AI.

However, Buffett also warns about the potential downside risks associated with technology. He has previously expressed his concerns about cyber attacks, which he believes pose a significant threat to humanity. He sees AI as another potential threat that could have far-reaching implications.

Despite these risks, Buffett remains optimistic about the long-term prospects of the stock market. He believes that while nothing is certain in markets or business forecasts, history has shown that good outcomes often outweigh the bad.

In conclusion, while Warren Buffett acknowledges the potential risks associated with AI, he remains optimistic about the future of the economy and the stock market. His views provide valuable insights for investors navigating the rapidly evolving landscape of AI and other emerging technologie