Shares of Amazon.com, Inc. (AMZN) boosted the market after reporting strong quarterly earnings, increasing the Nasdaq by 0.61% on October 31.
According to Jeff Bezos, one breakthrough technology would shape Amazon's destiny, while new CEO Andy Jassy described generative AI as a "once-in-a-lifetime" technology.
Generative AI is 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, valued between $20,000 and $25,000 each, potentially worth $250 trillion.
Author's summary: Top stocks and AI technology predictions.