Warren Buffett says AI scamming will be the next big 'growth industry'

Warren Buffett expressed caution about the rise of artificial intelligence, highlighting its potential to significantly enhance scamming activities. Speaking at Berkshire Hathaway's annual shareholder meeting, he noted AI's capacity to create realistic and deceptive content, which could be used maliciously. Despite recognizing AI's potential benefits, Buffett admitted his lack of understanding and likened its impact to the atomic bomb, emphasizing both the immense possibilities and dangers it presents.