All the big ideas from Davos: in 5 minutes
Big ideas from Davos — across topics of global importance, ranging from AI to gender parity, climate change to kids’ screen time.
Achieving gender parity in economics could unlock a staggering ‘gender dividend’ of $172 trillion for the global economy.
Moreover, closing the gender investment gap in America alone could add an impressive $3 trillion to assets under management.
The digital economy and AI can democratize workspaces and empower women by offering flexibility between work-life balance while providing access to capital, markets, skills training, especially during crises like pandemics.
‘We’re at a moment there’s no question because we’re all using you know Sam’s product and other product products and going wow we’re having this incredible experience with an AI we really have not quite had this kind of interactivity before but we don’t trust it quite yet.’ — Marc Benioff on AI, in conversation with Sam Altman
‘Digital people’, powered by AI technology, have been effectively utilized by businesses to enhance productivity and improve customer relationships.
Ensuring customer trust is critical for successful implementation of these systems.
Rethinking Economic Models for AI
New economic models are needed that benefit all stakeholders involved in creating and using AI technology.
This includes compensating content owners whose work may have contributed to training an AI model.
On AI Regulations
This is not going to get solved by top-down government action…it happens because governments companies industry across the board plus Civil Society plus workers all come together.
A delicate balance must be maintained between safeguarding national security interests and promoting global technological development and sharing.
This is especially pertinent for dual-use technologies that can serve both civilian and military purposes, such as autonomous driving systems.
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‘Trying to design a world for a whole child approach has to involve the redesign of Technology if technology is being designed in ways that lead to Compulsive use.’ — Nita Farahan
Children between 8 to 18 years old spend about 4.5 out of 10 waking hours per day in front of screens.
While this provides benefits like increased connectivity and learning opportunities, it also correlates with increased anxiety, depression, sleep disturbances.
Not All Screen Time is Bad
Screen time is not universally bad; it’s about finding a balance between online and offline activities.
Technology can be aligned with children’s development rather than simply reducing their screen time.
Climate and Nature: Seed Capital Needed: A call to leverage philanthropy and private capital
The single most push or change that would have an impact around the world right now is money…Public-private partnerships which is what is going to be discussed here is a critical leverage point for our ability to be able to look people in the eye and say we are doing everything that we have possible. — Secretary John Kerry, President Biden’s special adviser on climate
Greater focus is needed on sectors that have been largely overlooked such as hard-to-abate sectors (industries where it’s difficult or costly to eliminate greenhouse gas emissions).
Investment in green technologies like green hydrogen production and carbon capture as well as reducing the cost of adopting these technologies is underscored.
