Honda Motor Co., Ltd. (NYSE:HMC) Q1 2024 Earnings Call Transcript August 10, 2023
Unidentified Company Representative: Thank you very much for coming despite your busy schedule today. We would like to now start Honda Motors Company Limited’s briefings on FY 2024 Q1 Financial Results. We have interpretation service, for the non-Japanese investors and analysts. Thank you for your understanding. First of all, let me introduce today’s speakers. We have Eiji Fujimura, Executive Officer and...
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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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