- Published on May 18, 2017
- In IT Services
Warren Buffett from Berkshire Hathaway thinks AI is harmful for his business
Image by Warren Buffett,
- By Amit Paul Chowdhury
Warren Buffet, America’s poster boy of successful business has never been fazed by technology disrupting the landscape. This can be well substantiated by the fact that this renowned stock-picker had famously shunned smartphones. This is not all, the organization hadn’t invested in tech companies, only until recently.
The Berkshire Hathaway Annual Meeting was held recently in Omaha, where Buffett deliberated on several topics. However, the crux of his talks revolved around the concerns surrounding Artificial Intelligence. Recent advances in AI have forced him to consider the impact that AI could have on his business. Buffett mostly considers this change negative for his business, as it might hurt the organization in more than one competing industries.
According to Buffett, 20 years is a feasible amount of time before AI replaces humans in most of the job-related activities. His Business Partn
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Amit Paul Chowdhury
With a background in Engineering, Amit has assumed the mantle of content analyst at Analytics India Magazine. An audiophile most of the times, with a soul consumed by wanderlust, he strives ahead in the disruptive technology space. In other life, he would invest his time into comics, football, and movies.
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