Good morning. What’s the state of U.S. enterprise? It is dependent upon the place you might be and what you do. I used to be in San Francisco earlier this week, debating the AI dividend with a dozen CEOs of main hospital techniques at a dinner sponsored by Philips. In the event you’re Suresh Gunasekaran of UCSF Well being, which constantly ranks among the many world’s finest in well being outcomes and medical analysis, AI is turning into baked right into a extra seamless affected person expertise. “Being a medical student, a pharmacy student, a nurse is no longer the same in the age of AI,” Gunasekaran stated.
For Windfall CEO Erik Wexler, who faces employees shortages, rising prices and lowered Medicaid funds in 51 hospitals and 1,000 clinics unfold throughout seven states with completely different regulatory environments, AI is probably much less ubiquitous however equally highly effective. The response to ambient expertise that acts on insights gleaned from doctor-patient conversations? “This is life-changing technology,” Wexler informed me. “When a physician says that, you feel like you’ve discovered plutonium.”
Whereas many People might concern the affect of AI on their jobs, many welcome the prospect of it reducing their common $17,000 tab for well being care, which is anticipated to account for nearly 19% of U.S. GDP this 12 months.
People’ battle with affordability and entry to well being care are two persistent issues U.S. Chamber of Commerce President and CEO Suzanne P. Clark cited in her 2026 State of American Enterprise remarks yesterday in an in any other case upbeat speech. She drew comparisons between this 250th anniversary 12 months and the final time America had a giant birthday in 1976. Together with fond recollections of waving somewhat flag within the Englewood, Ohio bicentennial parade, she recalled a dour temper formed by 5.7% inflation, 7.7% unemployment, hovering power prices, rising crime, stagnating productiveness and a “ballooning regulatory state”—to not point out concern of nuclear annihilation amid the Chilly Warfare.
Quick ahead to right this moment, she stated, and there’s been a threefold improve in GDP, a homegrown power revolution, a 40% rise in median family revenue and naturally a number of waves of transformative applied sciences. The lesson for Clark? “Despite all of our challenges, we live in an era of abundance and advancement,” she stated. “America is very good at getting better.”
High information
Questions for the following Fed chair
The DOJ’s prison probe into Federal Reserve Chair Jay Powell has delayed the seek for his successor by elevating questions concerning the independence of the following chair and whether or not they’ll win Senate affirmation. Two Republican Senators have vowed to withhold any vote till the investigation is resolved. One one who will “absolutely, positively” not take the job is JPMorgan CEO Jamie Dimon, an often-rumored candidate. What about operating the Treasury? “I would take the call,” he stated in a brand new interview.
Ashley St. Clair sues xAI
The conservative influencer Ashley St. Clair, who had a toddler with Elon Musk, has sued his xAI agency in New York, looking for a restraining order to maintain the chatbot Grok from undressing photos of her. xAI has not commented on the submitting, however has sued St. Clair in Texas for allegedly violating its phrases together with her lawsuit.
Trump targets energy vegetation
The Trump administration is reportedly contemplating a plan to have tech corporations bid on constructing new energy vegetation in an effort to decrease electrical energy costs for common People, who’re beginning to push again in opposition to information facilities. The president has praised Microsoft for saying that it’s going to pay greater utility payments for its U.S. information facilities.
Oracle struggles to deliver workers to new HQ
Oracle is struggling to deliver workers to its “world headquarters” in Nashville regardless of investing over a billion {dollars} within the workplace and providing numerous facilities. Most workers are reportedly hesitant to maneuver merely due to wage ceilings within the state.
Tesla’s self-driving subscription mannequin attracts criticism
Tesla prospects are talking out on social media after CEO Elon Musk introduced that the corporate’s self-driving expertise will solely be out there via a month-to-month subscription after Feb. 14. The expertise is presently out there for a flat $8,000 price, or $99 a month. “You will own nothing and be happy,” one X person posted.
The markets
S&P 500 futures have been up 0.28% this morning. The final session closed up 0.26%. STOXX Europe 600 was up 0.08% in early buying and selling. The U.Okay.’s FTSE 100 was up o.02% in early buying and selling. Japan’s Nikkei 225 was down 0.32%. China’s CSI 300 was up o.41%. The South Korea KOSPI was up 0.90%. India’s NIFTY 50 was up 0.11%. Bitcoin was at $95K.
Across the watercooler
Unique: Former OpenAI coverage chief creates nonprofit institute, requires impartial security audits of frontier AI fashions by Jeremy Kahn
‘They’re going to need to suppose and act much more like motels’: The brand new guidelines of workplace area now that the ‘genie is out of the bottle on hybrid’ by Jake Angelo
Apprehensive about AI taking your job? New Anthropic analysis exhibits it’s not that straightforward by Sharon Goldman
Singapore tries to present its flagging inventory market a kickstart with a hyperlink to the NASDAQ, permitting companies to simply record in each locations by Angelica Ang
CEO Every day is compiled and edited by Joey Abrams, Claire Zillman and Lee Clifford.
