Buffett: I won't invest everything around AI
2025-05-03 14:49:05
According to Jin Ten, Buffett said at the shareholder meeting that he will not invest everything around AI. He also pointed out that if given the choice, he would invest in the reinsurance industry. Regarding AI products, it should be up to Ajit Jain, head of Berkshire's insurance business, to make the choice. Ajit Jain said that artificial intelligence will become a real disruptor in the field of insurance and risk pricing. However, Berkshire will take a "wait and see" attitude in the application of AI in the insurance field, and has not yet invested a lot of energy or money to seize this opportunity. Jain also pointed out that many people in artificial intelligence "end up spending a lot of money to chase the next fashion trend", and Berkshire is not good at being a pioneer in the next fashion.
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