Roger Lynch, CEO of Conde Nast, speaks during the Semafor World Economy 2026 conference in Washington, DC, April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Dan Clancy, CEO of Twitch, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Dan Clancy, CEO of Twitch, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Dan Clancy, CEO of Twitch, speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

WASHINGTON, DC - APRIL 16: (L-R) Jimmy Iovine (Founder, CEO, Entrepreneur + Philanthropist - Iovine and Young Academy), Beong-Soo Kim (President - USC) and Gus Wenner (CEO, Wenner Media and Executive Chairman, Track Star - Wenner Media ) speak on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Jimmy Iovine (Founder, CEO, Entrepreneur + Philanthropist - Iovine and Young Academy) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Beong-Soo Kim (President - USC) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 16: Beong-Soo Kim (President - USC) speaks on stage during Semafor World Economy 2026 on April 16, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)