David Solomon
๐ค SpeakerAppearances Over Time
Podcast Appearances
And that's what good lenders do.
I don't.
I think the U.S., I think U.S.
preeminence, especially from an investment perspective, is a theme that's still firmly in place.
You can walk around here and talk to capital allocators that are here from all over the world, and they're not fundamentally changing their allocation across the globe.
And if you think about what are the more interesting places in the world to invest at this point in time, the U.S.
is still at the top of the list and is the largest, most important economy, the largest, most important tech innovation center in the world.
You know, I think that's firmly in place.
The dollar has been softer this year.
There are a variety of reasons for it, but a perspective would be it's certainly much stronger than it was 10, 15 years ago when we saw, for example, you know, dollar 40 euro, you know, euro dollars.
So everything's got to be put through a longer term lens when you think about the dollar.
But I don't I don't worry about the U.S.
and its preeminence as an attractive place to invest the growth in that economy, the tech innovation ecosystem.
Sure, this is an enormous opportunity for every enterprise in the world, and I think it's one of the reasons why I'm very excited about growth in the world over the course of the next few years, because I think the productivity opportunity for enterprises, large, even to very, very small businesses, is enormous.
We made an announcement last week or 10 days ago around our earnings about Goldman Sachs, one Goldman Sachs 3.0, where we laid out six things that we wanted to accomplish around better client service, more efficiency, and ability to really improve our risk management across the firm.
And we are looking at a handful of processes where we can really re-underwrite these processes
create automation and efficiency, but not just to take cost out, to allow us to invest in growth in the business.
And so this is a theme that I think most CEOs of large enterprises are looking closely at.
And the productivity benefit to the economy broadly as people execute on this is very meaningful.
It's starting.