Greg Abel (right) succeeded Warren Buffett as Berkshire Hathaway's CEO in January. Brendan McDermid/REUTERS Berkshire Hathaway won't be betting the farm on AI, Greg Abel said on Saturday. Warren Buffett's successor as CEO said Berkshire would be prudent during the annual meeting. The AI boom has divided investors, with some saying it's a bubble and others heralding a revolution. Warren Buffett is known for not chasing the latest technology trend, preferring to invest within his " circle of competence ." Greg Abel, who succeeded the legendary investor as Berkshire Hathaway's CEO at the start of this year, signaled he's also cautious about jumping on any bandwagon during the company's shareholder meeting on Saturday in Omaha. Business Insider's Theron Mohamed was watching from the press box of the CHI Health Center in Buffett's hometown when Abel told the crowd that Berkshire wouldn't be going all in on AI .…