Globe Life Inc. (NYSE:GL) Q1 2023 Earnings Call Transcript May 5, 2023
Operator: Hello and welcome to Globe Life’s First Quarter 2022 Earnings Call. My name is Melissa and I will be your coordinator for today’s event. Please note this conference is being recorded. And for the duration of the call your lines will be listen-only. I will now hand the call over to your host Stephen Mota, Senior Director of Customer Relations to begin today’s conference. Thank you. Stephen you may begin.
Stephen...
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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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