1 Warren Buffett Quote That Could Prove Ominous for AI Investors
Artificial intelligence (AI) stocks have many attractive growth opportunities. But there are also many risks that come with these types of investments, especially as valuations are getting out of control.
While Warren Buffett's Berkshire Hathaway owns shares of multiple tech companies, including Apple, Amazon, and Snowflake, you probably won't see the value-oriented investor making any new investments solely because of AI any time soon. Still, investors can learn a lot from the Oracle of Omaha since he has seen his fair share of volatility and bubbles over the years.
Stocks are technically in a bull market, but that largely has to do with the bubble that has formed in AI. There has been lots of excitement surrounding businesses that are working on AI chatbots or that have launched products and services related to AI.
Source Fool.com
Berkshire Hathaway Inc. A Stock
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