Tencent Music Entertainment Group (NYSE:TME) Q3 2024 Earnings Call Transcript November 12, 2024
Nao Sinhteu: TensorMigs Entertainment Group’s third quarter 2024 earnings conference call. I am Nao Sinhteu, Head of Investor Relations. We announced our quarterly financial results earlier today before the U.S. market opened. The earnings release is now available on our website and via newswire services. During today’s call, you will hear from Mr. Cussion Pang, our Executive Chairman, and Mr....
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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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