Recent declines in AI stocks, such as NVDA, have raised concerns.
Jeff Bezos once stated that one breakthrough technology would shape Amazon's destiny, catching Wall Street's biggest analysts off guard.
Generative AI is a "once-in-a-lifetime" technology that is already being used across Amazon to reinvent customer experiences - Andy Jassy, Amazon's new CEO.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040, there would be at least 10 billion humanoid robots, priced between $20,000 and $25,000, potentially worth $250 trillion.
This $250 trillion wave is tied to an entire ecosystem of AI innovators set to reshape the global economy.
Author's summary: Hedge funds and insider trading news on AI stocks and innovators.