WASHINGTON, DC - APRIL 17: (L-R) David Ricks (Chair and CEO - Lilly) and Andrew Edgecliffe-Johnson (CEO 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: (L-R) David Ricks (Chair and CEO - Lilly) and Andrew Edgecliffe-Johnson (CEO 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: David Ricks (Chair and CEO - Lilly) 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: David Ricks (Chair and CEO - Lilly) 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: David Ricks (Chair and CEO - Lilly) 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: Andrew Friedman (General Manager & Head of Public Affairs - Semafor) 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 17: Andrew Friedman (General Manager & Head of Public Affairs - Semafor) 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 17: Andrew Friedman (General Manager & Head of Public Affairs - Semafor) 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)