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WEF 2024 – 5 points: AI is the buzz, the big opportunity and the risk to watch among the Davos glitterati

18Jan

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Technology

WEF 2024 – 5 points: AI is the buzz, the big opportunity and the risk to watch among the Davos glitterati

[ad_1] Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big ideas at the World Economic Forum's glitzy annual meeting in Davos. Breathtaking advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks. In a sign of ChatGPT maker OpenAI's skyrocketing profile, CEO Sam Altman made his Davos debut to rock star crowds, with his benefactor, Microsoft CEO Satya Nadella, hot on his heels.Illustrating AI's geopolitical importance like few other technologies before it, the word was on the lips of world leaders from China to France. It was visible across the Swiss Alpine town and percolated through afterparties. Here's a look at the buzz:1. OPENAI OPENING BIG ...

At Davos, AI, climate change, conflict get top billing as leaders converge for elite meeting

[ad_1] The Earth is heating up, as is conflict in the Middle East. The world economy and Ukraine's defense against Russia are sputtering along. Artificial intelligence (AI) could upend all our lives. The to-do list of global priorities has grown for this year's edition of the World Economic Forum gabfest of business, political and other elites in the Alpine snows of Davos, Switzerland. It gets going in earnest Tuesday and runs through Friday.Over 60 heads of state and government, including Israeli President Isaac Herzog and Ukrainian President Volodymyr Zelenskyy will be heading to town to hold both public appearances and closed-door talks. They'll be among more than 2,800 attendees, including academics, artists and international organization leaders. The gathering is mostly high-minde...

As AI, climate risks rise, global CEOs fear for their firms in pre-Davos survey

[ad_1] Global executives are increasingly worried about the long term viability of their businesses, a PricewaterhouseCoopers pre-Davos survey showed, with pressures mounting from generative artificial intelligence (AI) and climate disruption. Some 45% of more than 4,700 global CEOs surveyed do not believe their businesses will survive, barring significant changes, in the next ten years, the "Big Four" auditor said. "There's the 55% who think they don't have to change radically, and I would argue that's a little naive because the world is changing so fast around them," PwC Global Chairman Bob Moritz told the Reuters Global Markets Forum (GMF) ahead of the World Economic Forum's (WEF 2024) annual meeting in Davos. Advancements in generative AI were top of the concerns for most survey r...