Washington Trust Bancorp, Inc. (NASDAQ:WASH) Q2 2024 Earnings Call Transcript July 23, 2024
Operator: Good morning, and welcome to Washington Trust Bancorp, Inc.’s Conference Call. My name is Lydia and I will be your operator today. [Operator Instructions]. As a reminder, today’s call is being recorded. I’d now like to turn the call over to Elizabeth Eckel, Executive Vice President, Chief Marketing and Corporate Communications Officer. Please go ahead.
Elizabeth Eckel: Thank you, Lydia. Good...
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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.
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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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