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The Digital Economy: Is a Recession Really Coming?

The Digital Economy: Is a Recession Really Coming?
May 9, 2023 · 34m 27s

A recent survey reveals 93% of CEOs are preparing for a recession. When will it happen? And what will this recession look like? Dana Peterson, Chief Economist & Center Leader...

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A recent survey reveals 93% of CEOs are preparing for a recession. When will it happen? And what will this recession look like?

Dana Peterson, Chief Economist & Center Leader of Economy, Strategy & Finance at The Conference Board breaks it all down–including how leaders can quickly adapt to turbulent economic conditions, navigate expanding geopolitical forces, and leverage technology like AI to tackle labor challenges.

Highlights:

01:20 - Thoughts on the economy and what leaders should be thinking about
02:04 - Dana’s background
02:55 - Defining the Conference Board
03:56 - Dana’s perspective on employment trends
06:13 - How will AI affect the workforce?
08:10 - What are CEOs doing to prepare for a recession?
10:28 - Is the recession here?
13:38 - Recessionary fears; paper mache or iron?
16:08 - Paranoia in the Federal Reserve?
17:22 - How has Silicon Valley Bank affected business and banking?
20:12 - Thoughts on the Silicon Valley spillover effect
21:45 - The impact of geopolitical pressures
25:54 - Impact on supply chain
28:29 - Is the supply chain shifting to digital?
30:40 - What does digital mean to you?
32:00 - Final thoughts
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Author Renae Wolter
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