The article highlights key quotes from Warren Buffett and Charlie Munger during Berkshire Hathaway’s 2023 annual meeting. Buffett expressed skepticism about AI, stating, “I don’t think the world will be run better by artificial intelligence.” He also warned about the potential for fraud, saying, “There’s a mania in the world for doing something stupid that will be branded as artificial intelligence.” Regarding the US deficit, Buffett said, “We are seeing something that is going to lead to real trouble.” He praised Fed Chair Jerome Powell, stating, “I think he’s done a terrific job.” Munger criticized the crypto industry, calling it “crazy gambling parlors.” The meeting also covered topics like Berkshire’s succession plan and Buffett’s investment strategy. Overall, the quotes provide insights into Buffett and Munger’s views on various economic and business issues.