Reported 30 days ago
Goldman Sachs' Kash Rangan speaks on the critical intersection of rate cuts and technological innovation at the 2024 Communacopia Conference, emphasizing that while lower rates can kickstart growth, true advancement in the tech sector requires substantial innovation. He recalls past tech cycles, noting that significant disruptions typically follow economic recovery, and argues that today's landscape relies heavily on capital investment in advanced technologies like cloud computing and AI.
Source: YAHOO