CARLYLE: AI PRODUCTIVITY GAINS LOOM LARGE

Speaking at the Milken Institute Global Conference in Beverly Hills, Thomas outlined expectations for substantial productivity improvements driven by AI technologies. The executive emphasized the scale of potential economic benefits as the technology matures and integrates into business operations. Thomas assessed current US stock valuations favorably against historical benchmarks, suggesting a shift in market pricing dynamics. His comments reflect broader institutional investor sentiment regarding AI's role in future economic growth. The remarks come as major technology companies continue deploying AI systems across industries, from enterprise software to manufacturing. Productivity gains remain a central narrative in AI investment theses, with economists and investors closely monitoring whether the technology delivers measurable economic impact at scale.