Billionaire investor Warren Buffet joined the growing list of sceptics of artificial intelligence (AI), as he compared the technology to the creation of atom bomb.

Buffet’s remarks came while discussing the future of AI during Berkshire Hathaway’s annual meeting in Omaha, Nebraska, on Saturday.

While sharing his thoughts on how AI could affect stock markets and society as a whole, Buffet expressed fears over the programme’s ability to rapidly evolve over time.

The 92-year-old investor did acknowledge AI’s “amazing capabilities” after receiving a lesson on Open AI’s Chat GPT from his “buddy” Bill Gates, one of the founders of Microsoft, three months ago. Microsoft has invested heavily in OpenAI.

He added that he was impressed with the AI’s vast capabilities, including checking all legal opinions “since the beginning of time.”

“When something can do all kinds of things, I get a little bit worried,” the 92-year-old investor said.

“Because I know we won’t be able to un-invent it and, you know, we did invent, for very, very good reason, the atom bomb in World War II.”&nbsp;

Buffett continued, “It was enormously important that we did so. But is it good for the next 200 years of the world that the ability to do so has been unleashed?” Fox Business reported.

<h2>Hollywood writers' strike: The fear of Artificial Intelligence</h2>

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The CEO of Berkshire Hathaway further said that he believes AI will change “everything in the world, except how men think and behave.” “And that’s a big step to take,” he said.

Charlie Munger, Berkshire’s 99-year-old vice chairman&nbsp;who was with Buffet, also expressed his concerns over the rise of AI technology.

“I am personally sceptical of some of the hype that has gone into artificial intelligence,” he said.

“I think old-fashioned intelligence works pretty well.”

Buffet isn’t the only one who has expressed his reservations about the potential dangers of AI.

More than 1,000 researchers and technologists, including Elon Musk, signed a letter in late March calling for a&nbsp;six-month pause on AI development&nbsp;because, they said, it poses "profound risks to society and humanity."&nbsp;

“Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable,” the letter said.

In fact, even Open AI CEO Sam Altman admitted that they are “a little bit scared” of their creation, saying that it may wipe out a lot of current jobs.

“We’ve got to be careful here…I think people should be happy that we are a little bit scared of this,” the 37-year-old tech entrepreneur told ABC News.

When asked to explain why he was “scared”, Altman replied that if he wasn’t “scared” then “you should either not trust me or be very unhappy that I’m in this job.”&nbsp;

(With inputs from agencies)

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Billionaire investor Warren Buffet joined the growing list of sceptics of artificial intelligence (AI), as he compared the technology to the creation of atom bomb.

Billionaire investor Warren Buffet joined the growing list of sceptics of artificial intelligence (AI), as he compared the technology to the creation of atom bomb. Buffet’s remarks came while discussing the future of AI during Berkshire Hathaway’s annual meeting in Omaha, Nebraska, on Saturday. While sharing his thoughts on how AI could affect stock markets and society as a whole, Buffet expressed fears over the programme’s ability to rapidly evolve over time. The 92-year-old investor did acknowledge AI’s “amazing capabilities” after receiving a lesson on Open AI’s Chat GPT from his “buddy” Bill Gates, one of the founders of Microsoft, three months ago. Microsoft has invested heavily in OpenAI. He added that he was impressed with the AI’s vast capabilities, including checking all legal opinions “since the beginning of time.” “When something can do all kinds of things, I get a little bit worried,” the 92-year-old investor said. “Because I know we won’t be able to un-invent it and, you know, we did invent, for very, very good reason, the atom bomb in World War II.” Buffett continued, “It was enormously important that we did so. But is it good for the next 200 years of the world that the ability to do so has been unleashed?” Fox Business reported. Hollywood writers' strike: The fear of Artificial Intelligence The CEO of Berkshire Hathaway further said that he believes AI will change “everything in the world, except how men think and behave.” “And that’s a big step to take,” he said. Charlie Munger, Berkshire’s 99-year-old vice chairman who was with Buffet, also expressed his concerns over the rise of AI technology. “I am personally sceptical of some of the hype that has gone into artificial intelligence,” he said. “I think old-fashioned intelligence works pretty well.” Buffet isn’t the only one who has expressed his reservations about the potential dangers of AI. More than 1,000 researchers and technologists, including Elon Musk, signed a letter in late March calling for a six-month pause on AI development because, they said, it poses "profound risks to society and humanity." “Powerful AI systems should be developed only once we are confident that their effects will be positive and their risks will be manageable,” the letter said. In fact, even Open AI CEO Sam Altman admitted that they are “a little bit scared” of their creation, saying that it may wipe out a lot of current jobs. “We’ve got to be careful here…I think people should be happy that we are a little bit scared of this,” the 37-year-old tech entrepreneur told ABC News. When asked to explain why he was “scared”, Altman replied that if he wasn’t “scared” then “you should either not trust me or be very unhappy that I’m in this job.” (With inputs from agencies) WATCH WION LIVE HERE

Warren Buffet likens AI to atom bomb, says ‘can't un-invent it now’

ChatGPT faced a major embarrassment lately as some sets of users were able to access the titles of the chat history of others. OpenAI, the creator of ChatGPT, acknowledged it was a significant issue which has now been fixed. ChatGPT’s Chief Executive Sam Altman revealed in a tweet that users were not able to access their chat history for 9 hours on March 20 as the company worked to fix the issue.

Watch:&nbsp;'A bit scared': OpenAI CEO says ChatGPT may wipe out current jobs

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Sam Altman tweeted, “We had a significant issue in ChatGPT due to a bug in an open source library, for which a fix has now been released and we have just finished validating. A small percentage of users were able to see the titles of other users’ conversation history. We feel awful about this.”

“Unfortunately, users will not be able to access their chat history from monday 1 am PDT until monday 10 am PDT. We will follow up with a technical postmortem,” he added.

OpenAI's ChatGPT has rapidly grown in popularity since its launch in November 2022, with users worldwide utilizing the chatbot to generate everything from poems to code. Recently, Microsoft-backed OpenAI upgraded to GPT-4, which is integrated into Microsoft's Bing. However, users have reported seeing conversations in their chat history bar that they haven't had with the chatbot.&nbsp;

The glitch raised concerns that OpenAI has access to user chats. OpenAI's privacy policy states that user data may be used to continue training the model, but only after personally identifiable information has been removed. OpenAI briefly disabled the chatbot late on Monday to fix the error.&nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/technology/chatgpt-ban-companies-formulate-new-policies-to-regulate-use-of-artificial-intelligence-574401">ChatGPT ban? Companies formulate new policies to regulate use of Artificial Intelligence</a>

The blunder occurred just after Google unveiled its chatbot Bard to beta testers and journalists. As Google and Microsoft continue to compete in the burgeoning AI tools market, the pace of new product updates and releases has raised concerns that missteps like these could be harmful or have unintended consequences.

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ChatGPT faced a major embarrassment lately as some sets of users were able to access the titles of the chat history of others. OpenAI, the creator of ChatGPT, acknowledged it was a significant issue which has now been fixed.

ChatGPT faced a major embarrassment lately as some sets of users were able to access the titles of the chat history of others. OpenAI, the creator of ChatGPT, acknowledged it was a significant issue which has now been fixed. ChatGPT’s Chief Executive Sam Altman revealed in a tweet that users were not able to access their chat history for 9 hours on March 20 as the company worked to fix the issue. Watch: 'A bit scared': OpenAI CEO says ChatGPT may wipe out current jobs × Sam Altman tweeted, “We had a significant issue in ChatGPT due to a bug in an open source library, for which a fix has now been released and we have just finished validating. A small percentage of users were able to see the titles of other users’ conversation history. We feel awful about this.” “Unfortunately, users will not be able to access their chat history from monday 1 am PDT until monday 10 am PDT. We will follow up with a technical postmortem,” he added. OpenAI's ChatGPT has rapidly grown in popularity since its launch in November 2022, with users worldwide utilizing the chatbot to generate everything from poems to code. Recently, Microsoft-backed OpenAI upgraded to GPT-4, which is integrated into Microsoft's Bing. However, users have reported seeing conversations in their chat history bar that they haven't had with the chatbot. The glitch raised concerns that OpenAI has access to user chats. OpenAI's privacy policy states that user data may be used to continue training the model, but only after personally identifiable information has been removed. OpenAI briefly disabled the chatbot late on Monday to fix the error. Also Read | ChatGPT ban? Companies formulate new policies to regulate use of Artificial Intelligence The blunder occurred just after Google unveiled its chatbot Bard to beta testers and journalists. As Google and Microsoft continue to compete in the burgeoning AI tools market, the pace of new product updates and releases has raised concerns that missteps like these could be harmful or have unintended consequences. WATCH WION LIVE HERE ×

ChatGPT’s privacy blunder: Major bug allowed users to access chat history of others

The rise of artificial general intelligence -- now seen as inevitable in Silicon Valley -- will bring change that is "orders of magnitude" greater than anything the world has yet seen, observers say. But are we ready?

AGI -- defined as artificial intelligence with human cognitive abilities, as opposed to more narrow artificial intelligence, such as the headline-grabbing ChatGPT -- could free people from menial tasks and usher in a new era of creativity.

But such a historic paradigm shift could also threaten jobs and raise insurmountable social issues, experts warn.&nbsp;

Previous technological advances from electricity to the internet ignited powerful social change, says Siqi Chen, chief executive of San Francisco startup Runway.

"But what we're looking at now is intelligence itself... This is the first time we're able to create intelligence itself and increase its amount in the universe," he told AFP.

Change, as a result, will be "orders of magnitude greater than every other technological change we've ever had in history."

And such an exciting, frightening shift is a "double-edged sword," Chen said, envisioning using AGI to tackle climate change, for example, but also warning that it is a tool that we want to be as "steerable as possible."

It was the release of ChatGPT late last year that brought the long-dreamt idea of AGI one giant leap closer to reality.

OpenAI, the company behind the generative software that churns out essays, poems and computing code on command, this week released an even more powerful version of the tech that operates it -- GPT-4. 
It says the technology will not only be able to process text but also images, and produce more complex content such as legal complaints or video games.&nbsp;

As such it "exhibits human-level performance" on some benchmarks, the company said.

- Goodbye to 'drudgery' -

The success of OpenAI, backed by Microsoft, has ignited an arms race of sorts in Silicon Valley as tech giants seek to push their generative AI tools to the next level -- though they remain wary of chatbots going off the rails.

Already, AI-infused digital assistants from Microsoft and Google can summarize meetings, draft emails, create websites, craft ad campaigns and more -- giving us a glimpse of what AGI will be capable of in the future.

"We spend too much time consumed by the drudgery," said Jared Spataro, Microsoft corporate vice president.

With artificial intelligence Spataro wants to "rediscover the soul of work," he said during a Microsoft presentation on Thursday.&nbsp;

Artificial intelligence can also cut costs, some suggest.

British landscape architect Joe Perkins tweeted that he used GPT-4 for a coding project, which a "very good" developer had told him would cost 5,000 pounds ($6,000) and take two weeks.

"GPT-4 delivered the same in 3 hours, for $0.11," he tweeted. "Genuinely mind-boggling."

But that raises the question of the threat to human jobs, with entrepreneur Chen acknowledging that the technology could one day build a startup like his -- or an even better version.

"How am I going to make a living and not be homeless?" he asked, adding that he was counting on solutions to emerge.&nbsp;

- Existential questions -

Ubiquitous artificial intelligence also puts a question mark over creative authenticity as songs, images, art and more are cranked out by software instead of people.

Will humans shun education, relying instead on software to do the thinking for them?

And, who is to be trusted to make AI unbiased, accurate, and adaptable to different countries and cultures?

AGI is "probably coming at us faster than we can process," says Sharon Zhou, co-founder of a generative AI company.

The technology raises an existential question for humanity, she told AFP.

"If there is going to be something more powerful than us and more intelligent than us, what does that mean for us?" Zhou asked.

"And do we harness it? Or does it harness us?"

OpenAI says it plans to build AGI gradually with the aim of benefitting all of humanity, but it has conceded that the software has safety flaws.

Safety is a "process," OpenAI chief scientist Ilya Sutskever said in an interview with the MIT Technology Review, adding that it would be "highly desirable" for companies to "come up with some kind of process that allows for slower releases of models with these completely unprecedented capabilities."

But for now, says Zhou, slowing down is just not part of the ethos.&nbsp;

"The power is concentrated around those who can build this stuff. And they make the decisions around this, and they are inclined to move fast," she says.

The international order itself could be at stake, she suggests.

"The pressure between US and China has been immense," Zhou says, adding that the artificial intelligence race invokes the Cold War era.&nbsp;

"There is definitely the risk with AGI that if one country figures that out faster, will they dominate?" she asks. "And so I think the fear is, don't stop because we can't lose."

The rise of artificial general intelligence -- now seen as inevitable in Silicon Valley -- will bring change that is "orders of magnitude" greater than anything the world has yet seen, observers say.

The rise of artificial general intelligence -- now seen as inevitable in Silicon Valley -- will bring change that is "orders of magnitude" greater than anything the world has yet seen, observers say. But are we ready? AGI -- defined as artificial intelligence with human cognitive abilities, as opposed to more narrow artificial intelligence, such as the headline-grabbing ChatGPT -- could free people from menial tasks and usher in a new era of creativity. But such a historic paradigm shift could also threaten jobs and raise insurmountable social issues, experts warn. Previous technological advances from electricity to the internet ignited powerful social change, says Siqi Chen, chief executive of San Francisco startup Runway. "But what we're looking at now is intelligence itself... This is the first time we're able to create intelligence itself and increase its amount in the universe," he told AFP. Change, as a result, will be "orders of magnitude greater than every other technological change we've ever had in history." And such an exciting, frightening shift is a "double-edged sword," Chen said, envisioning using AGI to tackle climate change, for example, but also warning that it is a tool that we want to be as "steerable as possible." It was the release of ChatGPT late last year that brought the long-dreamt idea of AGI one giant leap closer to reality. OpenAI, the company behind the generative software that churns out essays, poems and computing code on command, this week released an even more powerful version of the tech that operates it -- GPT-4. It says the technology will not only be able to process text but also images, and produce more complex content such as legal complaints or video games. As such it "exhibits human-level performance" on some benchmarks, the company said. - Goodbye to 'drudgery' - The success of OpenAI, backed by Microsoft, has ignited an arms race of sorts in Silicon Valley as tech giants seek to push their generative AI tools to the next level -- though they remain wary of chatbots going off the rails. Already, AI-infused digital assistants from Microsoft and Google can summarize meetings, draft emails, create websites, craft ad campaigns and more -- giving us a glimpse of what AGI will be capable of in the future. "We spend too much time consumed by the drudgery," said Jared Spataro, Microsoft corporate vice president. With artificial intelligence Spataro wants to "rediscover the soul of work," he said during a Microsoft presentation on Thursday. Artificial intelligence can also cut costs, some suggest. British landscape architect Joe Perkins tweeted that he used GPT-4 for a coding project, which a "very good" developer had told him would cost 5,000 pounds ($6,000) and take two weeks. "GPT-4 delivered the same in 3 hours, for $0.11," he tweeted. "Genuinely mind-boggling." But that raises the question of the threat to human jobs, with entrepreneur Chen acknowledging that the technology could one day build a startup like his -- or an even better version. "How am I going to make a living and not be homeless?" he asked, adding that he was counting on solutions to emerge. - Existential questions - Ubiquitous artificial intelligence also puts a question mark over creative authenticity as songs, images, art and more are cranked out by software instead of people. Will humans shun education, relying instead on software to do the thinking for them? And, who is to be trusted to make AI unbiased, accurate, and adaptable to different countries and cultures? AGI is "probably coming at us faster than we can process," says Sharon Zhou, co-founder of a generative AI company. The technology raises an existential question for humanity, she told AFP. "If there is going to be something more powerful than us and more intelligent than us, what does that mean for us?" Zhou asked. "And do we harness it? Or does it harness us?" OpenAI says it plans to build AGI gradually with the aim of benefitting all of humanity, but it has conceded that the software has safety flaws. Safety is a "process," OpenAI chief scientist Ilya Sutskever said in an interview with the MIT Technology Review, adding that it would be "highly desirable" for companies to "come up with some kind of process that allows for slower releases of models with these completely unprecedented capabilities." But for now, says Zhou, slowing down is just not part of the ethos. "The power is concentrated around those who can build this stuff. And they make the decisions around this, and they are inclined to move fast," she says. The international order itself could be at stake, she suggests. "The pressure between US and China has been immense," Zhou says, adding that the artificial intelligence race invokes the Cold War era. "There is definitely the risk with AGI that if one country figures that out faster, will they dominate?" she asks. "And so I think the fear is, don't stop because we can't lose."

How AI could upend the world even more than electricity or the internet

There is an increase in competition to jump into the AI market after the release of chart GPT. Recently, Alphabet and Google also came up with its own bard to compete neck and neck with chart GPT.

Google's Prabhakar Raghavan: 'Chatbots' convincing yet fictitious answers'

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Warren Buffet likens AI to atom bomb, says ‘can't un-invent it now’

ChatGPT’s privacy blunder: Major bug allowed users to access chat history of others

How AI could upend the world even more than electricity or the internet

Google's Prabhakar Raghavan: 'Chatbots' convincing yet fictitious answers'