BGC Partners, Inc. (NASDAQ:BGCP) Q1 2023 Earnings Call Transcript May 3, 2023
Operator: Greetings and welcome to the BGC Partners’ First Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder this conference is being recorded. I would now like to turn the conference over to your host Jason Chryssicas, Head of Investor Relations for BGC Partners. Thank you. You may begin.
Jason...
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
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At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.
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