Given Warren Buffett's love of good old-fashioned businesses that have proven themselves over decades, it wouldn't be surprising if Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) chairman and CEO were wary of the euphoria over artificial intelligence (AI).

But while Buffett and his longtime vice chairman, Charlie Munger, both expressed caution about these trends at the Berkshire Hathaway annual shareholders meeting on Saturday, they also had some favorable things to say. Here's what Buffett and Munger said about AI and robotics, as well as the role that AI and robotics could play in Berkshire's portfolio going forward.

Image source: The Motley Fool.

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Source Fool.com