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Barchart
Caleb Naysmith

Late Billionaire Charlie Munger, 99, Said Al Was Getting ‘A Lot of Crazy Hype’ And Would Never Cure Cancer — ‘Old-Fashioned Intelligence Works Pretty Well’

Artificial intelligence can promise the future, but billionaire investors still have to figure out what that future is actually worth. Berkshire Hathaway Vice Chairman Charlie Munger had a few thoughts on that, and he wasn’t buying every grand prediction about AI.

At the Daily Journal Corporation’s (DJCO) annual shareholder meeting in February 2023, Munger, then 99, weighed in on the technology as ChatGPT fueled a growing rush of excitement and investment.

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