Goto

Collaborating Authors

 wef


Faisal Islam: Global disruption looms large over biggest-ever Davos

BBC News

Apart from the snow and the temperature Greenland does not have much in common with the Swiss alps. But the fight for the future of the island looms over the gathering of world leaders and businesses at the World Economic Forum (WEF) this week. Indeed the timing of Donald Trump's extraordinary threat must have had in mind this meeting. And that is beyond strange given the views of his base. Last year, he beamed himself into the WEF from the White House, appearing before an audience of largely bewildered European executives just two days after his inauguration.


Geopolitics, AI to slow global economy, grow inequality: Davos survey

Al Jazeera

Geopolitical strife and tight financing conditions will slow global economic growth, while artificial intelligence (AI) will increase inequality, according to leading economists. The survey, released by the World Economic Forum (WEF) on Monday before its annual meeting in the Swiss resort of Davos, weighed the analysis of 60-plus chief economists from both the private and public sectors. More than half of the economists surveyed (56 percent) predict weakened global economic conditions but with differences across regions. The majority foresee moderate or stronger growth in China and the United States, weak or very weak growth in Europe, and at least moderate growth in South Asia, East Asia and the Pacific. "While technological advances may give new impetus to global productivity, policies that enhance good-quality growth are needed to revive global momentum and balance the impact across the income groups," the survey stated.


AI overtaking domestic chores could close gender gap, says World Economic Forum

FOX News

Fox News correspondent Grady Trimble has the latest on fears the technology will spiral out of control on'Special Report.' Artificial intelligence will help close the gender gap by handling more domestic chores and thereby allowing women more time for work and leisure, according to the World Economic Forum (WEF). The WEF's conclusion stems from new research showing that advancements in automation and AI will allow robots to take over a significant proportion of domestic chores over the next decade. Specifically, a panel of AI experts estimated that, based on a list of 17 common domestic tasks, an average of 39% of the time spent per task could be automated within 10 years. The findings were published in PLOS One, a peer-reviewed journal.


How the World Economic Forum Plans to Bring Leaders Together in the Metaverse

TIME - Tech

There are many companies angling to make money in the metaverse at the moment, but far fewer trying to use its technology for public good. The World Economic Forum hopes to change that with the Global Collaboration Village, which will be introduced at Davos this year ahead of a full rollout. The virtual village has been designed to function--and look--like the real Swiss town, except that here the people convening in co-working spaces, attending conferences in government buildings, and browsing museums will be doing so as avatars. WEF executive chairman Klaus Schwab, who has spent decades cultivating in-person interactions between world leaders, hopes the village will serve as a consistent meeting ground for Davos' stakeholders, transforming the conference from a cloistered one-week gathering to a year-round project. "This could revolutionize global collaboration," Schwab told TIME in the weeks before the January gathering.


Artificial Intelligence - The WEF's Tool To Recreate Man Into A Cyborg, The Transhumanists Ultimate End Game In Their Drive For Global Control - Gospel News Network

#artificialintelligence

It is not hard to see the academic trail that the World Economic Forum's developers and adherents follow to arrive where they are today in their ongoing quest to reduce mankind's intrinsic value as created by God. One can follow the philosophy behind Klaus Schwab's WEF by scrutinizing its website. For instance, in one of their Artificial Intelligence sections the WEF clearly states that AI is a "key driver in the Fourth Industrial Revolution." For a deeper look into WEF's AI initiative, their Centre for the Fourth Industrial Revolution is informative. In researching the contributors and supporters for the philosophy behind WEF, one such group listed is Clarivate academics from Bocconi University in Milan, Italy.


World Economic Forum chair Klaus Schwab declares on Chinese state TV: 'China is a model for many nations'

FOX News

Center for American Security's Fred Fleitz unpacks the national security risks posed by China's access to TikTok data and Chinese-made drones flying over Washington D.C. World Economic Forum founder and Chair Klaus Schwab recently sat down for an interview with a Chinese state media outlet and proclaimed that China was a "role model" for other nations. Schwab, 84, made these comments during an interview with CGTN's Tian Wei on the sidelines of last week's APEC CEO Summit in Bangkok, Thailand. Schwab said he respected China's "tremendous" achievements at modernizing its economy over the last 40 years. FILE: World Economic Forum (WEF) founder and Executive Chairman Klaus Schwab sits, as German Chancellor Olaf Scholz (not pictured) addresses the delegates, during the last day of the WEF in Davos, Switzerland May 26, 2022. "I think it's a role model for many countries," Schwab said, before qualifying that he thinks each country should make its own decisions about what system it wants to adapt.


Canada testing 'digital ID' system that uses blockchain, biometrics to screen travellers - National

#artificialintelligence

The Canadian government is helping to test a new airport security and screening system that will allow travellers to digitize and share travel documents and biometric information with authorities in advance. Launched at the World Economic Forum (WEF) meeting in Davos, Switzerland, the "Known Traveller Digital Identity" system aims to exploit an array of emerging technologies including biometrics, blockchain and artificial intelligence to boost cross-border security, reduce the threat of cyber-terrorism and streamline international travel, according to the WEF. Transport Canada is one of several partners involved in the project, with the others including the likes of the U.S. Department of Homeland Security, Dutch Ministry of Security and Justice, INTERPOL, Google, Visa and Hilton Worldwide. The system aims to empower airport authorities to focus more of their time and energies on scrutinizing high-risk travellers, according to a WEF report on the initiative. Currently, when a traveller arrives at an international border, they have to quickly and accurately be screened for permission to enter the country, with border officials required to determine their residency or visa status and assess risk factors in a short period of time.


Does AI Create or Destroy Jobs? What is the Real Threat to Human Society Over the Coming Decades?

#artificialintelligence

Artificial intelligence (AI) will create new job opportunities, not destroy them. AI will displace some jobs but will create new ones. The main aim of this article is intended to focus the minds of our political and business leaders as they consider what strategies to pursue to grow the economy (GDP), business activity and stimulate job creation whilst also taking into account the growing challenges of the environment with climate change mitigation increasingly on the agenda. Let's start by reviewing the types of AI and where we are now. Narrow AI: the field of AI where the machine is designed to perform a single task and the machine gets very good at performing that particular task.


Recession and automation reshapes future of work, but jobs coming - WEF

#artificialintelligence

Research by the World Economic Forum (WEF) has found that COVID-19 has caused the labour market to change faster than expected, and that by 2025, automation and a new division of labour between humans and machines will disrupt 85 million jobs globally spanning 15 industry sectors and 26 economies. The Future of Jobs 2020 report also found that roles in areas such as data entry, accounting and administrative support are decreasing in demand as automation and digitization in the workplace increases. "More than 80% of business executives are accelerating plans to digitize work processes and deploy new technologies; and 50% of employers are expecting to accelerate the automation of some roles in their companies." "COVID-19 has accelerated the arrival of the future of work," said Saadia Zahidi, Manging Director at the WEF. "It's a double disruption scenario that presents another hurdle for workers in this difficult time. The window of opportunity for proactive management of this change is closing fast. Businesses, governments and workers must plan to urgently work together to implement a new vision for the global workforce."


U.S. Lost Over 60 Million Jobs--Now Robots, Tech And Artificial Intelligence Will Take Millions More

#artificialintelligence

If we didn't have enough to worry about--Covid-19, a nation divided, massive job losses and civil unrest--now we have to be concerned that robots will take our jobs. The World Economic Forum (WEF) concluded in a recent report that "a new generation of smart machines, fueled by rapid advances in artificial intelligence (AI) and robotics, could potentially replace a large proportion of existing human jobs." Robotics and AI will cause a serious "double-disruption," as the coronavirus pandemic pushed companies to fast-track the deployment of new technologies to slash costs, enhance productivity and be less reliant on real-life people. Millions of people have lost their jobs due to the effects of the Covid-19 pandemic and now the machines will take away even more jobs from workers, according to the WEF. The organization cites that automation will supplant about 85 million jobs by 2025.