{"id":170238,"date":"2023-10-08T04:33:48","date_gmt":"2023-10-07T23:03:48","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=170238"},"modified":"2023-10-08T04:33:48","modified_gmt":"2023-10-07T23:03:48","slug":"bitcoin-critic-charlie-munger-calls-ai-overhyped-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-critic-charlie-munger-calls-ai-overhyped-crypto-news\/","title":{"rendered":"Bitcoin Critic Charlie Munger Calls AI Overhyped &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">Charlie Munger, the billionaire Vice President of Berkshire Hathaway appears to be unfazed about the growing buzz around Artificial Intelligence (AI).<\/span><\/p>\n<h2><strong>Charlie Munger on Current AI Hype<\/strong><\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/fortune.com\/2023\/10\/06\/ai-crypto-warren-buffett-charlie-munger-berkshire-hathaway\/\"><span style=\"font-weight: 400\">Speaking<\/span><\/a><span style=\"font-weight: 400\"> at the recently concluded Zoomtopia Conference organized by Zoom Communications Plc, Charlie Munger said AI appears to be getting more attention than it currently deserves.\u00a0<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400\">Artificial Intelligence is another majorly trending technology in our world today with the new generation hype sparked by <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/openais-chatgpt-no-more-limited-to-2021-data\/\"><span style=\"font-weight: 400\">OpenAI\u2019s ChatGPT<\/span><\/a><span style=\"font-weight: 400\">. As a chatbot with the capability to answer users\u2019 inquiries with a high degree of accuracy, ChatGPT gained more than 100 million users within the first few weeks it was launched, a development that showcased just how revolutionary it is.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Besides ChatGPT, we have also seen other top <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/google-releases-bard-ai-most-capable-model\/\"><span style=\"font-weight: 400\">applications like Bard<\/span><\/a><span style=\"font-weight: 400\">, and MidJourney amongst others.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">There are a number of other AI innovations that are currently serving individuals in the digital ecosystem with top tech giants like Microsoft, and Google investing billions of dollars to catch on the moving train. However, to Charlie Munger, the AI\u2019s breakthroughs appear to be \u201cexaggerated\u201d even though he acknowledges its inherent potential.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400\">While many top tech leaders seem to disagree with this position, one thing some seem aligned with remains the need to provide the right frameworks for the technology so as to drive its responsible usage overall.<\/span><\/p>\n<h2><strong>Bitcoin Remains Bashed<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Charlie Munger is unrelenting in <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/crypto-news-cnbc-joe-kernen-slams-charlie-munger-bitcoin\/\"><span style=\"font-weight: 400\">calling out Bitcoin<\/span><\/a><span style=\"font-weight: 400\"> as he has done for many years now. As the closest ally to Warren Buffet, he took the opportunity to also call out Bitcoin as one of the most worthless investments he has ever seen.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">\u201cDon\u2019t get me started on Bitcoins \u2014 that was the stupidest investment I ever saw,\u201d he said in a statement.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">New technologies have always been a subject of controversy especially when their core ideas are a threat to legacy institutions. While AI has different representations in terms of how it is applied, Bitcoin is an asset with an actual value that has surpassed most traditional financial assets around today.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Irrespective of their inherent value, it appears that Bitcoin, cryptocurrencies, and AI will be receiving much more <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/fortune.com\/2023\/10\/06\/ai-crypto-warren-buffett-charlie-munger-berkshire-hathaway\/\"><span style=\"font-weight: 400\">backlash<\/span><\/a><span style=\"font-weight: 400\"> from respected investors.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/bitcoin-critic-charlie-munger-calls-ai-overhyped\/\">  <i class=\"fa fa-whatsapp\" \/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/bitcoin-critic-charlie-munger-calls-ai-overhyped\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" \/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          &lt;!&#8211; <\/p>\n<div class=\"m-on pl-2 pr-2\">\n<div class=\"row\">\n<div class=\"col-6 pr-2\">\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n<p>            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&amp;utm_medium=organicarticle\"><\/p>\n<div class=\"SponserdyWebimg_2\"><img width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\"><\/div>\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n<p>            <\/a><\/p><\/div>\n<\/p><\/div>\n<div class=\"col-6 pl-2\">\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n<p>            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&amp;utm_medium=organicarticle\"><\/p>\n<div class=\"SponserdyWebimg_2\"><img width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\"><\/div>\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n<p>            <\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>                    &#8211;&gt;<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA161007\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n&lt;!&#8211;<\/p>\n<div class=\"getAuthoname\"><\/div>\n<p>&#8211;&gt;<\/p>\n<div class=\"authodes\">\n<p>Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DaWorldOfChoice\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/godfrey-benjamin-a71328137\"> Linkedin<\/a>                         <\/p><\/div>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/733ca3c15c1fbb2629eeb51edb886efb?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/733ca3c15c1fbb2629eeb51edb886efb?s=200&amp;d=mm&amp;r=g\" \/><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/733ca3c15c1fbb2629eeb51edb886efb?s=200&amp;d=mm&amp;r=g\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" \/>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD161007\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>&lt;!&#8211; <\/p>\n<div class=\"container p-1 mb-3  mt-4 \">\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span><\/p>\n<p>                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n<div class=\"row mobileXS \">\n<div class=\"item col-md-4\">\n<div class=\"Newseducation\">\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/twitter-is-now-worth-just-33-of-elon-musks-purchase-price\/?utm_source=post&amp;utm_medium=web-story\"><\/p>\n<div class=\"edIm StoryWebimg\"><img width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" \/><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" \/><\/div>\n<div class=\"Educontent\">Twitter is now worth just 33% of Elon Musk\u2019s purchase price <\/div>\n<p>            <\/a>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"item col-md-4\">\n<div class=\"Newseducation\">\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/will-cramer-curse-strike-again\/?utm_source=post&amp;utm_medium=web-story\"><\/p>\n<div class=\"edIm StoryWebimg\"><img width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/will_cramer_curse_strike_again_720.jpg\" \/><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/will_cramer_curse_strike_again_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" \/><\/div>\n<div class=\"Educontent\">Will Cramer Curse Strike Again? <\/div>\n<p>            <\/a>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"item col-md-4\">\n<div class=\"Newseducation\">\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/mercedes-benz-to-release-nft-collection-with-fingerprints-dao\/?utm_source=post&amp;utm_medium=web-story\"><\/p>\n<div class=\"edIm StoryWebimg\"><img width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720.jpg\" \/><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720\" \/><\/div>\n<div class=\"Educontent\">Mercedes Benz To Release NFT Collection With Fingerprints DAO <\/div>\n<p>            <\/a>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>        &#8211;&gt;<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Charlie Munger, the billionaire Vice President of Berkshire Hathaway appears to be unfazed about the growing buzz around Artificial Intelligence (AI). Charlie Munger on Current AI Hype Speaking at the recently concluded Zoomtopia Conference organized by Zoom Communications Plc, Charlie Munger said AI appears to be getting more attention than it currently deserves.\u00a0 Artificial Intelligence [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":170239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-170238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/170238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=170238"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/170238\/revisions"}],"predecessor-version":[{"id":170241,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/170238\/revisions\/170241"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/170239"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=170238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=170238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=170238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}