Warren Buffett: My View about Artificial Intelligence

Credit: Finance Jane

Artificial intelligence (AI) is the ability of a computer or a robot controlled by a computer to do tasks that are usually done by humans because they require human intelligence and discernment.

Artificial intelligence can dramatically improve the efficiencies of our workplaces and can augment the work humans can do.

When AI takes over repetitive or dangerous tasks, it frees up the human workforce to do work they are better equipped for—tasks that involve creativity and empathy among others.

Many people believe that AI will contribute to unemployment, because the more jobs that get automated, the more people will have to leave their jobs.

But some people see that AI gives society a hand with repetitive, monotonous jobs.

In this video, Warren Buffett gives his opinion about how AI influences society and the business world.

Source: Finance Jane (Shared via CC-BY)