US Economy Is Now a ‘Levered Bet on AI,’ Says Lazard CEO Orszag


“If you look at the sources of growth in the US, it is artificial intelligence and high-income consumers,” Lazard Inc. Chief Executive Officer Peter Orszag said on the “Bloomberg Deals” TV show. Those consumers, he added, are also benefiting from the AI-driven growth in equities.



Source link

  • Related Posts

    From The Sports Desk: Knicks mount epic fourth quarter comeback, stun Cavaliers

    In Game 1 of the Eastern Conference finals, the New York Knicks trailed the Cleveland Cavaliers by 22 points in the fourth quarter last night with under eight minutes to…

    Brazil’s Lula adds pressure on big techs by increasing their liability for illegal user content

    SAO PAULO (AP) — Brazil’s President Luiz Inácio Lula da Silva signed two decrees on Wednesday that add to the pressure on big tech companies by increasing their liability for…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Another live service game is dead just a few months after launch

    Another live service game is dead just a few months after launch

    UK radio station apologises for accidentally announcing king’s death | Radio

    UK radio station apologises for accidentally announcing king’s death | Radio

    Buckle up: Google is set to remake search with agentic AI in 2026

    Buckle up: Google is set to remake search with agentic AI in 2026

    Riachuelo Launches Recycled Cotton and Sugarcane-Based Spandex Denim

    Riachuelo Launches Recycled Cotton and Sugarcane-Based Spandex Denim

    Every Disney+ ‘Star Wars’ Series, Ranked

    Every Disney+ ‘Star Wars’ Series, Ranked

    From The Sports Desk: Knicks mount epic fourth quarter comeback, stun Cavaliers

    From The Sports Desk: Knicks mount epic fourth quarter comeback, stun Cavaliers