Charlie Munger Doubles Down on AI Skepticism, Calls It 'Overhyped'

Munger stated at a recent conference that he thinks AI is overhyped and getting more hype than it deserves.

This wasn't the first time Munger has publicly shared skepticism about AI, also calling it "crazy hype" earlier this year.

Munger said at Berkshire's annual meeting that he is personally skeptical of some of the hype around AI.

Examples like C3.ai seem to show companies riding AI hype without financials to fully back it up.

However, AI does seem to be fueling real growth for companies like Nvidia, so Munger may be going too far in his overall skepticism.