Lazard CEO Peter Orszag says US growth now hinges on AI and high‑income consumers driving equity gains.
He warned AI could cause a rapid, large‑scale labor‑market shock as firms and workers adjust.
Lazard advised NextEra Energy on its $67 billion acquisition of Dominion Energy, illustrating AI‑driven demand for larger utility operations.
Banking leaders Bill Winters and John Waldron highlighted workforce automation, cutting lower‑value staff and treating operations as a human assembly line.