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Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.
Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.
Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.Hear from Blackstone Private Equity leaders and portfolio company CEOs on our high‑conviction approach to investing in franchisors and how our value‑creation capabilities can propel growth.
Zemmel: We believe some of the most compelling opportunities today sit close to the infrastructure layer — what Blackstone refers to as the “picks and shovels” of AI — data centers, compute, and related areas tightly coupled to that stack. At the other end, some skilled tasks that current models can already replicate — like parts of content creation or legal workflows — face real pressure.
The biggest opportunity is the vast middle of the economy. Physical businesses, manufacturing, logistics, and retail. These are not “AI-native” sectors, but they are increasingly AI-enabled. From factory layout and robotics to marketing and supply chains, AI is enhancing how real-world businesses operate.
Stecher: As a software engineer, I see the biggest proven impact right now in software engineering’s toolkit. My teams are meaningfully more productive than they were a year ago. And I think that same dynamic will extend into drug discovery, materials science, anywhere the work mirrors software development at its core — design something, test it, refine it, repeat.
Zemmel: We believe some of the most compelling opportunities today sit close to the infrastructure layer — what Blackstone refers to as the “picks and shovels” of AI — data centers, compute, and related areas tightly coupled to that stack. At the other end, some skilled tasks that current models can already replicate — like parts of content creation or legal workflows — face real pressure.
The biggest opportunity is the vast middle of the economy. Physical businesses, manufacturing, logistics, and retail. These are not “AI-native” sectors, but they are increasingly AI-enabled. From factory layout and robotics to marketing and supply chains, AI is enhancing how real-world businesses operate.
Stecher: As a software engineer, I see the biggest proven impact right now in software engineering’s toolkit. My teams are meaningfully more productive than they were a year ago. And I think that same dynamic will extend into drug discovery, materials science, anywhere the work mirrors software development at its core — design something, test it, refine it, repeat.
Zemmel: We believe some of the most compelling opportunities today sit close to the infrastructure layer — what Blackstone refers to as the “picks and shovels” of AI — data centers, compute, and related areas tightly coupled to that stack. At the other end, some skilled tasks that current models can already replicate — like parts of content creation or legal workflows — face real pressure.
The biggest opportunity is the vast middle of the economy. Physical businesses, manufacturing, logistics, and retail. These are not “AI-native” sectors, but they are increasingly AI-enabled. From factory layout and robotics to marketing and supply chains, AI is enhancing how real-world businesses operate.
Stecher: As a software engineer, I see the biggest proven impact right now in software engineering’s toolkit. My teams are meaningfully more productive than they were a year ago. And I think that same dynamic will extend into drug discovery, materials science, anywhere the work mirrors software development at its core — design something, test it, refine it, repeat.
