Jimmy Iovine, an American entrepreneur and former CEO of Beats Electronics, speaks during the Semafor World Economy 2026 conference in Washington, DC, April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Beong-Soo Kim, President of the University of Southern California (USC), speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Jimmy Iovine, an American entrepreneur and former CEO of Beats Electronics, speaks during the Semafor World Economy 2026 conference in Washington, DC, April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Spanish Deputy Prime Minister and Minister of Economy, Trade and Business Carlos Cuerpo speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Jimmy Iovine, an American entrepreneur and former CEO of Beats Electronics, speaks during the Semafor World Economy 2026 conference in Washington, DC, April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

American rapper and record producer Andre Young (C), known professionally as Dr. Dre, attends the Semafor World Economy 2026 conference in Washington, DC, April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Spanish Deputy Prime Minister and Minister of Economy, Trade and Business Carlos Cuerpo speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)

Spanish Deputy Prime Minister and Minister of Economy, Trade and Business Carlos Cuerpo speaks during the Semafor World Economy 2026 conference in Washington, DC, on April 16, 2026. (Photo by SAUL LOEB / AFP via Getty Images)