Carnegie Mellon University

PNC CEO Bill Demchak delivered the Keynote lecture at Intersect@CMU

 

COVID-19 + The Economy Keynote Lecture
Thursday, October 29 at 1 p.m. ET
Keynote Speaker: William S. Demchak, Chairman, President and Chief Executive Officer, The PNC Financial Services Group
Coping with the pandemic is often presented as a zero-sum game — as a choice between public health and the economy. We can shut the economy down to slow the spread, but what does this mean for workers who lose their jobs and businesses that go bankrupt? Is this a false trade-off? Will we quickly rebound from the economy’s contraction, or will the effects go on for years? How will the pandemic change business, commerce and consumption in the medium and long term? What does this experience mean for international trade and globalism?
INTERSECT@CMU, sponsored in part by the PNC Center for Financial Services Innovation, brought together business leaders, academics and community leaders to envision how to rebuild a more robust and equitable economy that is more resilient to future shocks.