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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: knighttof3   😊 😞
Number: of 15067 
Subject: Re: Things That AI Won't Change
Date: 08/20/2023 12:17 PM
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It won't change the need for insurance.

What human / commercial/ economic needs would change because of AI? None. Maybe some people will "need" (want) things that don't exist now. But no business as such will go away.
By this logic Berkshire should own farms and trawlers too.

AI will be bad for BRK's business if a more nimble competitor undercuts their premiums and customer service. Like Tesla is doing to Detroit with a new technology.
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