Warren Buffett says he doesn’t understand A.I. but he asked ChatGPT to write a song in Spanish

Legendary worth investor Warren Buffett mentioned he has no experience in synthetic intelligence in any way, however due to Bill Gates, he took a crack on the buzzy chatbot ChatGPT.

“I think it’s something I don’t understand at all, but Bill did come by about four or five months ago at least. [He said] ‘I’m going to show you the latest thing and what can be done with that.’ I actually said take the song ‘My Way’ and write it in Spanish,” Buffett informed CNBC’s Becky Quick on “Squawk Box” Wednesday from Tokyo. “Two seconds later, you know, it comes out and it comes out that rhymes and does all these wonderful things.”

The Berkshire Hathaway chairman and CEO has spent a long time telling shareholders that know-how was outdoors of his circle of competence. After avoiding tech shares for years, the “Oracle of Omaha” purchased into Apple underneath the affect of his investing lieutenants and the tech big has now change into his one among greatest and most profitable bets in his profession.

ChatGPT is an AI chatbot developed by San Francisco-based startup OpenAI, which Microsoft is betting billions on. The instrument is able to taking written inputs from customers and producing a human-like response.

Buffett recalled Gates saying one of many limitations of ChatGPT is that it could possibly’t inform jokes.

“It just doesn’t know how to tell jokes, but it can tell you that it’s read every book, every legal opinion. I mean, the amount of time it could save you, if you were doing all kinds of things, is unbelievable,” Buffett mentioned.

Ultimately, the 92-year-old investor mentioned he is uncertain if the superior know-how is helpful to the human race.

“I think it’s an incredible technological advance in terms of showing what we can do,” Buffet mentioned. “I think this is extraordinary but I don’t know if it’s beneficial.”

The know-how has sparked issues over potential abuses. For instance, college students have used ChatGPT to generate whole essays, whereas hackers have begun testing it to jot down malicious code.

Gates and Buffett have been pals for greater than three a long time. The pair co-founded The Giving Pledge, which inspires the world’s wealthiest folks to donate at the very least half of their wealth to charitable causes.