WASHINGTON, DC - APRIL 14: Kurt Björklund, Executive Chairman of Permira, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEO's for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Mark Lashier, Chairman and CEO of Phillips 66, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEO's for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: (L-R) Caryn Seidman-Becker (Founder & CEO - CLEAR) and Morgan Chalfant (Deputy Washington 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: Caryn Seidman-Becker (Founder & CEO - CLEAR) and 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: Caryn Seidman-Becker (Founder & CEO - CLEAR) and 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: Amy Howe (Chief Executive Officer - FanDuel) 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: 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)