As the trends across technology, media, and telecommunications continue to converge,

how are companies and investors preparing for the generational tailwinds and macroheadwinds that are sweeping

across the sectors?

Nothing is worse across the sectors.

Nothing is worse for the technology sector than decelerating growth,

rising expenses.

But what I noticed at the conference last week were companies that said, the idea of cutting costs for the sake of cutting

costs is more behind us than ahead of us. Definitely a narrative shift to now is the time to

invest for growth in a responsible way.

I'm Allison Nathan and my colleagues in Goldman Sachs research, Eric Sheridan, who covers the U.S. Internet sector and is here with me in the studio in New York and

Cash Wagon who covers the software sector and is joining us from our offices in

San Francisco.

Eric and Cash will be sharing their views on how the macro environment, the health of the consumer, and of course

AI are affecting companies and what that means for investors and ultimately consumers.

Eric Cash, welcome back to the program.

Thanks for having us, Alsa.

Look forward to it.

So let's start with takeaways from last week's G.S. Communicopia and technology conference.

We hosted more than 2,400 senior leaders across the technology, media, and telecommunications sectors.

Cash, first just give the sense of what the sentiment was like at the conference.

First, well, thanks for doing this with us.

Investor sentiment was, if be more positive than it was last year

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