Unilever PLC (NYSE:UL) Q2 2024 Earnings Call Transcript July 25, 2024
Hein Schumacher: Good morning, and welcome to Unilever’s Half One Results Announcement. We expect prepared remarks today to take about 25 minutes, leaving around 30 minutes for Q&A. All of today’s webcast is available live, transcribed on the screen. And in a moment, I will hand over to Fernando, to take you through the details of the results. I will then return to give a brief update on the Growth Action Plan and some of...
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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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