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On October 25, 2026, at the ARC Summit at Sheba Medical Center, Bill Ackman predicted that artificial intelligence will help Israel produce a trillion-dollar company within a few years. At the same event, he also warned that the rise of democratic socialism is threatening the economies of the United States and Israel, argued that the biggest risk to the U.S. economy is political polarization, and said that remarks by New York City Mayor Zohran Mamdani fuel the risk of antisemitism and that tax policies are driving wealthy people to leave. Currently, this prediction has been reported by only one source, CTech, and there are no subsequent factual developments.
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Oct 25
CTech
Bill Ackman predicts AI will help Israel produce a trillion-dollar company, and warns that democratic socialism threatens the US economy
At the ARC Summit at Sheba Medical Center, Bill Ackman predicted that AI will help Israel produce a trillion-dollar company, while warning that the rise of democratic socialism is threatening the US and Israeli economies. He believes the biggest risk to the US economy is political polarization, and said that New York City Mayor Zohran Mamdani's remarks fuel the risk of antisemitism and that tax policies are driving wealthy people to leave.