WASHINGTON, DC - APRIL 14: Reed Albergotti (Technology Editor - Semafor) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: (L-R) Amy Howe (Chief Executive Officer - FanDuel), Kevin Plank (Founder and CEO - Under Armour) and Reed Albergotti (Technology Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: (L-R) Amy Howe (Chief Executive Officer - FanDuel), Kevin Plank (Founder and CEO - Under Armour) and Reed Albergotti (Technology Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: (L-R) Amy Howe (Chief Executive Officer - FanDuel), Kevin Plank (Founder and CEO - Under Armour) and Reed Albergotti (Technology Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: (L-R) Amy Howe (Chief Executive Officer - FanDuel), Kevin Plank (Founder and CEO - Under Armour) and Reed Albergotti (Technology Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Hari Gopalkrishnan (Chief Technology and Information Officer - Bank of America) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: (L-R) Andrew Friedman (General Manager & Head of Public Affairs - Semafor) and Hari Gopalkrishnan (Chief Technology and Information Officer - Bank of America) speak on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 14: Hari Gopalkrishnan (Chief Technology and Information Officer - Bank of America) speaks on stage during Semafor World Economy 2026 on April 14, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)