Good morning. Ruth Porat , Alphabet and Google’s president and chief investment officer, is a former longtime CFO who is strategically evaluating what’s needed for AI to drive economic uplift.

“I think we are living in an extraordinary time, and I think of it as a time where there are two speeds,” Porat said during a panel session at the Fortune Global Forum on Sunday in Riyadh, Saudi Arabia.

One speed, she explained, is the pace of change, breakthroughs, and scientific discovery. The other is slower—the pace of adoption.

“That’s the speed of adoption in a truly substantive way, so that each one of us can experience the economic uplift that AI offers,” Porat said. She added, “The upside from AI does require a fundamental rethink of every process.”

Porat noted that while working on

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