Lincoln National Corporation (NYSE:LNC) Q3 2023 Earnings Call Transcript November 2, 2023
Operator: Good morning and thank you for joining, Lincoln Financial Group Third Quarter 2023 Earnings Webcast. At this time, all lines are in a listen only mode. Later, we will announce the opportunity for questions, and instructions will be given at that time. [Operator instructions] Now I will turn the call over to the Chief Accounting Officer and Interim Chief Head of Investor Relations, Adam Cohen....
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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:
And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.
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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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