April 12 news, legendary investor Warren Buffett said today that he does not have any expertise in artificial intelligence (AI), but thanks to Microsoft co-founder Bill Gates, he tried the popular chatbot ChatGPT.
Buffett said in an interview with the media today: “To be honest, I don’t know much about artificial intelligence technology, but Gates recommended it to me four or five months ago. He said, I will show you some of the latest things. , and what can be done with it. Later, I asked ChatGPT to translate the song “My Way” into Spanish. Unexpectedly, it came out two seconds later, it rhymed, and it was really beautiful.
As chairman and CEO of Berkshire Hathaway, Buffett has been telling shareholders for decades that he doesn’t know much about technology and therefore avoids investing in technology stocks as much as possible. But then, Buffett bought Apple stock under the influence of his investing lieutenant. Today, the stock has become one of the biggest and most successful bets of his career.
And ChatGPT is an artificial intelligence chatbot developed by OpenAI, a San Francisco startup that Microsoft has invested billions of dollars in. In the interview, Buffett also recalled a sentence Gates said, saying that ChatGPT is not very good at telling jokes.
For artificial intelligence technology such as ChatGPT, Buffett is not yet sure whether it is beneficial to humans. “It’s an incredible technological advance in terms of capabilities, and it’s really extraordinary,” he said. “However, I’m not sure it’s beneficial yet.”
The technology is known to have raised concerns about potential misuse. For example, students have used ChatGPT to generate complete papers, and hackers have begun testing it to write malicious code. At the end of last month, thousands of technologists including Musk issued an open letter calling for a moratorium on training artificial intelligence systems that are more powerful than GPT-4.
But Gates believes that suspending development does not really solve the problem. Instead, figuring out how to best leverage developments in the field of artificial intelligence is the clincher.
Gates and Buffett have been friends for more than thirty years. Together, the two founded the Giving Pledge, which encourages the world’s wealthiest people to donate at least half of their wealth to philanthropy.