WASHINGTON, DC - APRIL 15: Jeff Simmons (CEO - Elanco) speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Hugo Sarrazin (CEO - Udemy) speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Matthew Martin (Saudi Arabia Bureau Chief - Semafor) speaks on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: (L-R) Ketan Karkhanis (Chief Executive Officer - ThoughtSpot), Hugo Sarrazin (CEO - Udemy) and Matthew Martin (Saudi Arabia Bureau Chief - Semafor) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: (L-R) Ketan Karkhanis (Chief Executive Officer - ThoughtSpot), Hugo Sarrazin (CEO - Udemy) and Matthew Martin (Saudi Arabia Bureau Chief - Semafor) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

Scott Wu (C), CEO of Cognition, speaks as Brandon Reeves (L), Partner of Lux Capital, looks on during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

Dr. Huiyao Wang (L), Founder & President of Center for China and Globalization, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

Dr. Huiyao Wang (L), Founder & President of Center for China and Globalization, speaks during the 2026 Semafor World Economy conference in Washington, DC, on April 15, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)