Etsy, Inc. (NASDAQ:ETSY) Q4 2022 Earnings Call Transcript February 22, 2023
Debra Wasser: Hi, everyone, and welcome to Etsy’s Fourth Quarter and Full-Year 2022 Earnings Conference Call. I’m Deb Wasser, VP of Investor Relations. Joining me today are Josh Silverman, CEO; Rachel Glaser, CFO; and Jessica Schmidt, Senior Director of Investor Relations. Today’s prepared remarks have been prerecorded. Once we are finished with Josh and Rachel’s presentations, we will transition to a live video...
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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.
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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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