Buffett's right-hand man Munger skeptical of AI hype, calls crypto 'stupid'

AI is getting "more hype than it deserves," says Charlie Munger, Warren Buffett's right-hand man at Berkshire Hathaway. He thinks old-fashioned intelligence works well.

Munger is skeptical of AI's ability to bring huge innovations like curing cancer. He sees it as a "mixed blessing."

Buffett has called AI like ChatGPT "something I don't understand" and questioned its impact on society.

Munger calls cryptocurrencies like Bitcoin a "stupid investment" that most will go to zero. He wishes they were never invented.

Crypto assets still reeling from 2022's crash ("Crypto Winter"). Bitcoin far below all-time high after FTX collapse.