Charlie Munger Thinks That Artificial Intelligence (AI) Is Overhyped. Is He Right?

Warren Buffett closed out his latest letter to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) with several quotes from his longtime business partner Charlie Munger. At the end of those quotes, he added some advice: "Find a very smart high-grade partner -- preferably slightly older than you -- and then listen very carefully to what he says." 

Investors could even consider skipping the part of that recommendation about finding a smart partner and instead just listen carefully to Munger himself. Even at age 99, he frequently shares his views on a wide range of topics. 

Last week, Munger spoke at Zoom Video Communications' Zoomtopia conference in San Jose, California. He stated at the conference that he thinks artificial intelligence (AI) is overhyped. Is Munger right?  

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Source Fool.com