charlie munger
Charlie Munger.
  • Artificial intelligence is important but has also been filled with hype, according to Charlie Munger. 
  • "Artificial intelligence is not going to cure cancer," he said. "It's not going to do everything that we want done."
  • But his Daily Journal newspaper company is experimenting with AI to write articles.

Billionaire investor Charlie Munger said Wednesday that artificial intelligence is important but has also been filled with hype. 

During a Q&A session at the Daily Journal's annual meeting, he was asked about the explosion of interest in AI since the launch of OpenAI's ChatGPT.