Comstock Inc. (AMEX:LODE) Q4 2022 Earnings Call Transcript March 16, 2023
Zach Spencer: Ladies and gentlemen, welcome to Comstock’s 2022 Year-End Business Results Webcast. Here is Comstock’s Executive Chairman and CEO, Mr. Corrado De Gasperis.
Corrado De Gasperis: Thanks, Zach. Good morning, everyone, and welcome to Comstock’s 2022 full year report. I’ll provide a business update, including the information from today’s press release and our recently filed Annual Report on Form 10-K. I...
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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.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
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.
Do the math. According to Musk, this technology could be worth $250 trillion by 2040.
Put another way, that’s roughly equal to:
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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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