Warren Buffet Highlights AI as Potential Growth Industry: Implications for Crypto Coins like Ethereum (ETH)

• Berkshire Hathaway’s annual shareholders meeting is underway with its CEO Warren Buffet making statements on the growth of AI.
• Buffet predicts AI scamming as the next big growth industry.
• Despite Buffet’s skepticism, Bitcoin’s market capitalization surpasses that of Berkshire Hathaway.

Warren Buffet, CEO of Berkshire Hathaway, shares his views on the potential and risks of AI, while Bitcoin’s market cap surpasses his company’s.

Buffet’s Take on AI

At Berkshire Hathaway’s annual shareholders meeting, CEO Warren Buffet made several statements regarding the future of Artificial Intelligence (AI). Despite not being well-versed in the technology, Buffet acknowledges the potential of AI, likening its growth to that of nuclear weapons. He warns of the potential misuse of AI, particularly in the form of AI scamming, which he predicts to be the next big growth industry.