Warren Buffett: Smart Investors Should Ignore The AI Hype

Warren Buffett is not a big fan of artificial intelligence, as you might imagine, and the greatest stock market investor of all time is very sceptical of its usefulness in stock market investing, and whether you should invest in AI stocks.

[danielshchyokin]

People overestimate what a new technology can do in 1 year, and underestimate what it can do in 10 years

[ImNotADeeJay]

Charlie was right, he didn't have reasons to be worried about AI

[henrik]

Please post the date of the content. Thanks ✅

[finalmatrix]

Good tech is not always good for investors. As Warren Buffett said, airline, automotive are amazing technologies but not good for investors over long term.

The AI hype bubble will burst just like EV bubble.

[sidgb]

A.I like many new things get hyped. We’re not going to see sentient machines/ robots any time soon. But it will be an important factor for reducing development time of new products and materials which require a lot of testing, highly specialised jobs which require a lot of detail and repetition. This will be the next stage of the digital revolution as new industrial and business applications are developed to utilise artificial intelligence to boost productivity of a shrinking workforce.

[myfx]

THANKS. Just what I needed to watch. My wife and I are administrators of our farming business and our own properties, as well as small pensions.
am almost 56, my Wife is 52. We have started saving for retirement from the farm and maybe live off rental income, I would really appreciate it if you would do a video on how to earn passive income online and retire comfortably let's say 3 million bucks.

[AC-cgmf]

Charlie was very smart. Given more time I think he would have changed his mind on the impact of A.I.

[ikuona]

"I will never use computer, they are pointless machines"

[wolfnada]

..machine intelligence or AI came from the experiences of human, those are data/information feed to them.

[mynameisnotimportant]

Poor Charlie Munger. He was really struggling on that stage. May he rip

[mrRambleGamble]

It's cornball to have a kid parrot their parents ideas

[finalmatrix]

The danger of chasing hype is that there's tend to be bubble. If we buy at top, and buble bursts, we suffer huge loss. I suffered huge loss chasing SaaS hype during Covid. Suffered minor loss chasing AI hype again.. No more chasing hype. Get rich slowly is the best way. At one point, NVDA will crash big time when their revene growth slows and traders abandon it. Slowing from 100% per year growth to 20% per year growth is NOT good for bubbles.
Tips to avoid falling into hypes is avoid reading, watching their news.The more we watch, the more we are tempted to buy into them.

[georgedoolittle]

Why be a trillionaire when you can still be a millionaire absolutely!

[themusic]

And people said the same thing of the internet in the late 90’s…..respect to these two but no ones out performing the market or making sizeable gains buying Coca Cola and Bank of America

[johnniejay]

They may be generationally brilliant investors, but by their own admission they fundamentally don't understand the potential of AI.

[hanst]

He is wrong but the hype is priced in.