Why IBM's CEO disagrees with Warren Buffett's stance on AI

At the annual Berkshire Hathaway (BRK-A,BRK-B) shareholders meeting, Warren Buffett spoke on a range of subjects including his concerns about AI. The CEO compared the dangers of AI's potential misuse to that of nuclear weapons.

IBM (IBM) CEO Arvind Krishna joins Yahoo Finance Anchors Brian Sozzi and Akiko Fujita at the Annual Milken Global Institute Conference to discuss why he disagrees with Warren Buffett's stance on AI.

Krishna dismisses the danger: "I actually have no such fear. So I'm putting it black and white. I think there's a lot of people who hypothesize, and as you have seen in many technologies, thinking that the rate of progress which has been 100 times over the last 3, 4 years, is going to be another 100 to 1000 times. But just for the current AI, we need this much infrastructure and power for it to be 100 to 1000 times...I think it's a little fantastical to keep predicting that it carries on on an exponential curve."

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This post was written by Nicholas Jacobino

Video transcript

Warren Buffett at his annual meeting talked about how the A I genie is out of the bottle and he sounded concerned.I love all those things.Please tell me my big bank balance without getting snippy with me.I get it.Are you concerned that A I will have too much power?And what are the risks from A I I actually have no such fear.So I'm putting it black and white.I think there's a lot of people who hypothesize and as you have seen in many technologies thinking that the rate of progress which has been 100 times over the last three or four years is going to be another 100 to 1000 times.But just for the current A I, we need this much infrastructure and power for it to be 100 to 1000 times.How much more infrastructure and power?I think it's a little, I use the term fantastical to keep predicting that it carries on, on an exponential curve.I think it will get widely deployed.I think millions of people will use it across hundreds of processes that will happen.But to imagine it's going to reach this point of super intelligence.I'm a bit of a skeptical on that topic.