Session Library

The Innovators and Investors group held its February monthly Zoom meeting featuring an in-depth discussion on the Economic Outlook for 2026, with a particular focus on the transformative impact of Artificial Intelligence (AI) on the economy, financial markets, and the workforce. The session was led by Scott Clemons, CFA®, Partner and Chief Investment Strategist at Brown Brothers Harriman, and Joseph Chott, CFA, Principal and Philadelphia Office Head at Brown Brothers Harriman. Both speakers brought extensive experience in global equity markets, wealth management, and macroeconomic strategy. Economic Outlook for 2026: Key Themes The discussion addressed several major factors expected to influence the economy in 2026, with AI emerging as a central force shaping structural change. 1. AI-Driven Economic Disruption Artificial Intelligence is expected to significantly reshape industries across sectors. While AI is likely to enhance productivity and long-term economic growth, the transition period may involve turbulence as companies restructure operations and certain job categories are displaced. Members discussed how firms are already evaluating workforce models, automation strategies, and cost structures in response to rapid technological advancement. 2. Labor Market Pressures and Workforce Realignment A major theme was the uneven impact of AI across demographics and industries. Younger workers and entry-level professionals may face particular challenges as automation affects traditional career pathways. At the same time, skilled trades and blue-collar roles continue to hold strong value in the labor market. The group also explored growing concerns that higher education institutions may not be adapting quickly enough to prepare students for the evolving demands of a technology-driven economy. 3. Financial Markets and Long-Term Outlook From a financial markets perspective, the overall long-term outlook remains constructive. Despite anticipated short-term volatility and structural adjustment, the broader belief is that AI innovation will strengthen economic productivity and global competitiveness over time. However, the transition period is expected to require thoughtful leadership, strategic planning, and adaptability across industries. Peer-Level Insight for Founders, Investors, and Board Leaders The Innovators and Investors forum is designed to foster candid dialogue among accomplished founders, investors, and board members who actively build, fund, and advise companies. The February session reinforced the importance of real-time discussion around macroeconomic trends, capital markets, and technological disruption. Conversations such as these provide valuable perspective for leaders navigating uncertainty while positioning their organizations for long-term growth. The group extends its appreciation to Scott Clemons and Joseph Chott for delivering thoughtful analysis and facilitating a meaningful discussion on the economic forces shaping 2026 and beyond.