Charlie Munger: Investing in AI

00:00:00.000 | You made some comments a few months ago that you're not quite sure what to think about that IBM investment.

00:00:05.360 | Well, I'm not sure how it's going to come out, but of course I like the fact they're doing it.

00:00:09.840 | And any kind of artificial intelligence is very much in the bulk. It may well work.

00:00:14.640 | It's just I have no way of predicting. I don't think we're paying much for the opportunity.

00:00:20.320 | The opportunity to be in shares of IBM?

00:00:22.640 | I think that there's not much optimism baked into the current price of the shares.

00:00:27.760 | What is it that you like about the artificial intelligence there?

00:00:31.120 | Well, I like the idea of using artificial intelligence because we're so short of the real thing.

00:00:38.400 | [Laughter]

00:00:38.960 | [End of Audio]

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