Greg Abel, CEO of world’s richest investment company Berkshire Hathaway, to shareholders at AGM: Yes, AI offers productivity gains, but it in no way can replace humans as …
Berkshire Hathaway had its first annual shareholders meeting (AGM) in Omaha, Nebraska, four months after succeeding arguably the world’s most famous investor — Warren Buffet — as chief executive officer. Organisers opened the meeting with an AI-generated video of Buffett, which Abel called a serious risk Berkshire manages every day. However, when it comes to…