"I like the idea of using artificial intelligence, because we're so short of the real thing." - Charlie Munger (2016)

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

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

And any kind of artificial intelligence is very much in the bulk.

I don't think we're paying much for the opportunity.

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

What is it that you like about the artificial intelligence there?

like the idea of using artificial intelligence because we're so short of the real thing.


Speaker 0: You made some comments a few months ago that you're not quite sure what to think about that IBM investment.

Speaker 1: Well, I'm not sure how it's going to come out, but of course I like the fact they're doing it. And any kind of artificial intelligence is very much in the bulk. It may well work. It's just I have no way of predicting. I don't think we're paying much for the opportunity.

Speaker 0: The opportunity to be in shares of IBM?

Speaker 1: I think that there's not much optimism baked into the current price of the shares.

Speaker 0: What is it that you like about the artificial intelligence there? Well, I

Speaker 1: like the idea of using artificial intelligence because we're so short of the real thing. You

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Charlie Munger: Investing in AI