Some investors have equated the AI threat to the much-hyped but slow-to-materialize disruption of self-driving cars. However, BofA draws a sharp distinction. While transitioning to autonomous vehicles will require trillions of dollars in infrastructure and take many years, deploying large language model chatbots is cheap, easy, and happening right now. As an example, the report points to Munich Re’s Next Insurance, which already offers an AI chatbot on its site where customers can purchase and bind commercial policies directly without a human agent.
Honor’s Robot Phone is set to make an appearance, and this time we might actually see it switched on. | Photo: Dominic Preston / The Verge
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Wordle today: Answer, hints for February 27, 2026
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