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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: BreckHutHigh   😊 😞
Number: of 21937 
Subject: Munger on AI Hype
Date: 10/06/23 3:43 PM
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AI is getting 'more hype than it deserves,' Warren Buffett's right-hand man Charlie Munger says

"During an appearance at Zoom's Zoomtopia conference on Thursday, Munger was asked for his opinion on AI, which many investors see as the next big thing.

'I think it's getting a huge amount of hype,' Munger said. 'And I think it's probably getting more than it deserves.'

He noted that artificial intelligence has actually existed for quite some time'its roots can be traced back to the 1950s.

'We've always had artificial intelligence, where software creates more software,' he said. 'And, of course, that's very useful, [but] we've had it for a long time.'

Asked about Crypto...'Don't get me started on bitcoins'that was the stupidest investment I ever saw,' he told the audience on Thursday. 'Most of those investments are going to zero.'


fortune.com - AI crypto warren buffett charlie munger berkshire hathaway

A little bird informed me you could get past the Fortune firewall by pasting the link here.
archive.ph: Webpage archive
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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