WASHINGTON, DC - APRIL 17: (L-R) Eric Xing (President & University Professor - Mohamed Bin Zayed University of Artificial Intelligence) and Mohammed Sergie (Gulf Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: Eric Xing (President & University Professor - Mohamed Bin Zayed University of Artificial Intelligence) speaks on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: Eric Xing (President & University Professor - Mohamed Bin Zayed University of Artificial Intelligence) as seen on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: (L-R) Yutaka Sasaki (President & CEO - NTT Data Group) and Clay Chandler (Managing Editor, Live Journalism - Semafor) shake hands on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 17: Yutaka Sasaki (President & CEO - NTT Data Group) as seen on stage during Semafor World Economy 2026 on April 17, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

(L/R) Saudi Arabia's Finance Minister Mohammed Al-Jadaan, US Federal Reserve Chair Jerome Powell, and European Central Bank President Christine Lagarde speak with each other during a meeting of the IMFC (International Monetary and Financial Committee) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 17, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US Federal Reserve Chair Jerome Powell speaks with European Central Bank President Christine Lagarde (R) during a meeting of the IMFC (International Monetary and Financial Committee) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 17, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

US Federal Reserve Chair Jerome Powell speaks with European Central Bank President Christine Lagarde (R) during a meeting of the IMFC (International Monetary and Financial Committee) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 17, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)