Post #9761 by sleepydragon on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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AI is really good at doing classifications from a very large population. For example, it’s peculiarly good at identifying people through social media, or facial recognitions, and stuffs like pulling knowledge. Big threats to Google, imo. Not much impact to Brk, except maybe Geico are being hurt from it because progressive is able to identify better drivers.

The whole AI thing is resulting huge capex spending at the big tech firms, it’s actually not a good thing to them. In a few years, these equipments will need to be replaced. Good for Brk because they use huge amounts of electricity.

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