WASHINGTON, DC - APRIL 14: Ryder Booth (Chief Technology and Engineering Officer - Chevron) 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: Ryder Booth (Chief Technology and Engineering Officer - Chevron) 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) Reed Albergotti (Technology Editor - Semafor) and Ariel Ekblaw (Founder and CEO - Aurelia Institute) 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) Reed Albergotti (Technology Editor - Semafor), Ariel Ekblaw (Founder and CEO - Aurelia Institute) and Omeed Malik (Founder & President - 1789 Capital) 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) Alan Baratz (Chief Executive Officer - D-Wave Quantum), Dennis Mathew (Chairman & CEO - Optimum) 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) Alan Baratz (Chief Executive Officer - D-Wave Quantum), Dennis Mathew (Chairman & CEO - Optimum) 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: 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)

This photograph shows the website page of the French national authentication system Educonnect displayed on a smartphone in Quimper, western France on April 14, 2026. Students' personal data was stolen during a cyberattack in late 2025 against the Ministry of National Education, the ministry revealed, more than three months after the incident. (Photo by Fred TANNEAU / AFP via Getty Images)