PANews, May 3 - According to Jin Ten reports, Buffett stated at the shareholders' meeting that he will not invest everything around AI. He also pointed out that if given the choice, he would invest in the reinsurance industry. Regarding AI products, the decision should be made by Berkshire's insurance business head, Ajit Jain. Ajit Jain stated that artificial intelligence will become a true disruptor in the fields of insurance and risk pricing. However, Berkshire will take a 'wait-and-see' attitude toward AI applications in the insurance sector and has not yet invested significant energy or funds to seize this opportunity. Jain also pointed out that many people are 'ultimately spending huge amounts of money chasing the next fashion trend' in artificial intelligence, and Berkshire is not good at being a pioneer in the next popular thing.