Saga Communications, Inc. (NASDAQ:SGA) Q3 2024 Earnings Call Transcript November 9, 2024
Operator: Good day, everyone and welcome to the Saga Communications Third Quarter 2024 Earnings Release and Conference Call. At this time, all participants have been placed in a listen-only mode. It is now my pleasure to turn the floor over to your host Chris Forgy. Sir, the floor is yours.
Chris Forgy: Thank you, Matt. Good morning, and welcome to our corporate team, our shareholders, the writers from...
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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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