Warren Buffett on Apple, AI, and why he ditched Paramount

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Warren Buffett News

Berkshire Hathaway,Apple,Investment Firm

During Berkshire Hathaway's (BRK-A) annual meeting, Chairman and CEO Warren Buffett discussed the top market players and current trends the investment firm...

) annual meeting, Chairman and CEO Warren Buffett discussed the top market players and current trends the investment firm is closely monitoring. Yahoo Finance's), claiming that the tech giant will likely remain the top holding by the end of the year. However, the CEO expressed serious concern about artificial intelligence, comparing it to the development of a nuclear weapon and stressing some of the dangers the technology poses.

James Baldwin famously said, "Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor." In January 2014, long after the Great Recession but before the pandemic,...

 

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