US Economy Is Now a ‘Levered Bet on AI,’ Says Lazard CEO Orszag
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Article Excerpt
Article content (Bloomberg) — The growth in artificial intelligence and its boost to the stock market means the US economy has essentially become a heavy bet on the technology’s success, one of the country’s top investment bankers said. Article content “If you look at the sources of growth in the US, it is artificial intelligence and high-income consumers,” Lazard Inc. Chief Executive Officer Peter Orszag said on the “Bloomberg Deals” TV show. Those consumers, he added, are also benefiting from the AI-driven growth in equities. Article content Article content Article content “At this point, th…
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Jun 3, 2026