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### Optimism Rising Among CEOs for the Future

AI is a big reason why.

Good morning.

In the latest CEO survey conducted by Fortune and Deloitte, chief executives expressed growing optimism, with 27% feeling bullish about the global economy’s future, a significant increase from 7% last October. Recently, Fortune organized a virtual discussion with members of the Fortune CEO Initiative to gather their perspectives.

While positive trends in inflation, interest rates, and recruitment have boosted confidence, Deloitte U.S. CEO Jason Girzadas highlighted that CEOs are particularly optimistic about the transformative potential of AI, focusing on business evolution. This sentiment is echoed by NYSE Group President Lynn Martin, emphasizing the importance of agility in the face of uncertainty.

Several CEOs shared their insights:

  • Stanley Bergman, Chairman and CEO of Henry Schein, mentioned, “The labor issues are not as bad as they were…the whole world is an available resource.”

  • Chrissy Taylor, President and CEO of Enterprise Mobility, stated, “We’re calling this the year of the operator and back to basics.”

  • Marc Rosen, CEO of JCPenney, highlighted, “We see the customer looking more for value…When the economy takes a downturn, they are the first to suffer and the last to recover.”

  • Penny Pennington, Managing Partner at Edward Jones, emphasized the separation of politics from investment decisions.

  • Pat Geraghty, President and CEO of GuideWell, discussed the evolving landscape of health care benefits.

  • Alex Zhavoronkov, Founder and CEO of Insilico Medicine, expressed concerns about geopolitical tensions impacting business operations.

  • Kristin Peck, CEO of Zoetis, underscored the transformative potential of AI in healthcare.

  • Tom McInerney, President and CEO of Genworth Financial, addressed rising healthcare costs for aging populations.

  • Barak Eilam, CEO of NICE, highlighted the balance between embracing AI advancements and avoiding overhype.

  • BJ Schaknowski, CEO of symplr, mentioned the anticipation of organic growth and upcoming acquisitions.

  • Rob Lake, Co-founder and CEO of Boulevard, focused on preparing the workforce and future leaders for upcoming challenges.

  • Kunaal Patawari, CEO of Gemini Corporation, discussed the importance of maintaining a creative spirit in the workplace.

For more news and updates, please refer to the details below.

Diane Brady
@dianebrady
[email protected]

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Around The Watercooler

  • A $2.8 billion startup, co-founded by a Navy SEAL, is acquiring an Australian firm to enhance its drone technology, aiming to develop the world’s leading AI pilot. – Elon Musk announces salary increases for Tesla engineers in response to recruitment efforts by Sam Altman’s OpenAI. – Gen Z individuals are increasingly opting for trade schools over traditional colleges to pursue lucrative careers in trades like welding and carpentry. – Baby boomers are redefining retirement by choosing to work well into their sixties and seventies, driven by a desire for continued engagement and fulfillment. – A Tesla critic predicts potential financial challenges for the company due to its vertically integrated business model, emphasizing the need for strategic growth decisions. – A report reveals that every billionaire under 30 has inherited their wealth, highlighting the prevalence of inherited fortunes among ultra-wealthy individuals.

This edition of CEO Daily was curated by Nicholas Gordon.

This content is from the web version of CEO Daily, a newsletter curated by Fortune CEO Alan Murray. Subscribe to receive insightful updates directly to your inbox.

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Tags: Last modified: April 5, 2024
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