PANews reported on May 3rd that according to Jinshi, Buffett said at the shareholders' meeting that he would not invest everything around AI. He also pointed out that if he had a choice, he would invest in the reinsurance industry. Regarding AI products, the choice should be made by Ajit Jain, head of Berkshire's insurance business. Ajit Jain said that artificial intelligence will become a real disruptor in the field of insurance and risk pricing. However, Berkshire will take a "wait-and-see" attitude towards the application of AI in the insurance field, and has not yet invested a lot of energy or funds to seize this opportunity. Jain also pointed out that many people in artificial intelligence "end up spending huge amounts of money chasing the next fashion trend", and Berkshire is not good at being a pioneer in the next popular thing.