Greg Abel, CEO of world's richest investment company Berkshire Hathaway, to shareholders at AGM: Yes, AI offers productivity gains, but it in no way can replace humans as ...
TIMESOFINDIA.COM / May 04, 2026, 09:06 (IST)
At Berkshire Hathaway's first AGM under CEO Greg Abel, the conglomerate signaled a cautious approach to AI, prioritizing clear value addition over industry hype. Abel emphasized AI's role in improving efficiency, safety, and decision-making, while Warren Buffett praised Apple and expressed confidence in Abel's leadership, assuring shareholders of Berkshire's enduring strength.