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Good morning.
PwC released its annual survey of CEOs this morning, which showed a majority—53%—are expecting a growth slowdown this year. That’s the most pessimistic they’ve been in the eight years the consulting firm has been asking the question.
In addition to slowing growth, the global group of 1,581 global CEOs cited regulation, trade conflicts, and cyber security as top threats to their business.
Climate change didn’t make the top ten, but 24% of the CEOs said they are “extremely concerned” about climate change—up 25% from a year ago.
The U.S. and China are still competing neck and neck as the top territory for growth for CEOs. And nearly two thirds say they expect government to introduce regulation over content on the Internet.
Separately yesterday, Alphabet CEO Sundar Pichai called on the EU and the U.S. to take a coordinated approach to regulating A.I., adopting rules that balance “potential harms with social opportunities.”
More news below.
Alan Murray
@alansmurray
alan.murray@fortune.com
