Good afternoon, everybody.
We're so happy to have you here.
get started with our panel.
before we get going with you, just,
I brought a few friends of mine
from the big island of Hawaii.
It's only a 7700 mile flight.
To get from Kona to Zurich.
L.T. Smooth and his band from Hawaii.
have you been coming to Davos now?
I'm so glad that you're here.
And Ray was saying that, you know,
you set the vibe in the right way.
So thank you for being here.
And, you know, it's an exciting moment,
every Davos is so different
than anything I've ever been to.
We have an incredible panel,
but we have so many exciting
customers here with us and, there
I know there's many members
we are starting, my friend
a little bit about his vision,
And if you haven't heard, it's my new,
I've never been so excited
My job, what I do every day,
and also the work that we're doing
with all of our customers
incredible transformation
every company can become an agent
you are really the leader
because right at the beginning,
before we even really got
conceptualizing the product.
We didn't really even understand
and had a huge vision for the future.
just briefly introduce yourself.
But before we start the panel,
you just tell us a little bit
your thoughts are for the future.
Thank you, Marc and hi everyone.
Adecco Group is a global HR and talent
company, 24 billion in size, euros
And so we serve our clients
across the whole, talent needs.
is to make the future work
And we talk about the future
It's every human on earth.
you know, if we talk about the future,
we're going to see an inflow,
a massive influx of agents,
digital agents, digital workers
I think that we all have here is
that people do not become obsolete,
And how do we make sure that we create
with with you, the operating system
that will ensure the symbiosis between,
that have to have a future
if we want a future for our society
and these digital workers
that we bring in so much productivity,
also bring joy to the workers
because some of the mundane tasks,
some of the things that they cannot,
that they cannot achieve today
But what we are going to do,
we we love the vision that you have.
the commonalities of putting agents
together and create that, ecosystem
that work is super exciting.
Well, I think that, you know,
as we have these discussions,
it kind of just became clear to me
that we're really the last CEOs
exclusively human workforces,
that now we're moving into a new world
where we have human workforces
And that is really a whole new idea.
about our whole generation,
that we're really the last generation
we were exclusive without AI,
you could be in the government.
a child working in school,
but you can also be a CEO.
And now it's all about working with AI.
with AI create success together?
Because that's the point.
You know, at the end of the day,
we also employ a lot of people.
And so how do we among them
and make things work? Right. Thank you.
so inspiring me to me this year.
has been inspiring to me,
not just this year, but for many years.
Is Jeremy Jurgen to the World
How long have you been at the WEF now?
26 years, 26 years at the WEF,
26 years, 26 years at the WEF,
and it's really an institution.
who makes all of Davos happen
running on time and wires it all
Jeremy came to me and said, hey,
World Economic Forum in Davos on Salesforce.
the apps, the communication
between all of the attendees
has been on Salesforce systems,
Jeremy came to San Francisco.
And, so about 90 days ago,
in, we wanted to give him
the demonstration of Agent
and how everything is working,
what our vision is for humans
with AI working together.
And then Jeremy turned to us
in the middle of the meeting
that we're using from Salesforce
and analytics and Tableau
and Slack and all of these things.
And we have the data cloud.
Why are we not running Davos
we're going to get this done.
So if you haven't taken out the
and loaded it in and tried it,
team has done this amazing thing
where the app is agenetic and there's
on top of Davos for the first time.
do you want to just tell us
a little about your vision
And it's great to be here
with a lot of other colleagues there.
Salesforce is our backbone.
We are interdenominational.
Marc may not want to hear that.
So we are using a lot of other services
But the agents are driving the business
We have agents in operation
and you can use it on the app.
You can directly access it.
We use Salesforce records.
with you during the meeting,
they just do a voice memo.
you meet with, Marc and Viola Star?
We met with Phyllis and Marc and goes
Obviously goes through the system.
We have a strategic intelligence app.
We're using the data cloud.
a lot of the different information.
modeling a lot of different things.
We're a thousand person organization.
And so if we're doing this
when all of our partners start
to bring this into their organizations?
So we're also driving efforts
and other leading companies to say,
what does AI for prosperity
and how do we unlock the benefits here?
I know there's some dumors
you know, glass half empty,
you know, glass half empty,
full like the glass is shattered.
and you're going to die of thirst.
Now AI is an external risk.
there's much more immediate
existential risks that we face today.
them is what we need to do.
is actually working with all of you
to address these global challenges
using AI, using space technologies,
whatever it takes to address
the most critical challenges
so we can have a safe, healthy
and prosperous world for everyone.
for everything you're doing
And now we're going to go to our panel
and we have some great panelists,
some folks who have been here before,
to kind of let us talk about
what's happening in the world.
and have kind of like hear
from very different folks.
And of course, we have the
who's the founder of the panel,
who has had so many incredible
insights in the panel in many years.
he's usually 10 or 20 years
And please welcome will.i.am.
sitting next to will.i.am
a new panelist her first year.
We watch her every single day on CNBC.
She is the person who I go to
when I want to understand
She's one of the most outstanding
journalists in the world.
insights, her ideas on what's happening
but give us those kind of absolute
where we're able to execute.
Please welcome Sara Eisen.
And we also have an incredible person
And we also have an incredible person
I had dinner with last night,
a good friend of mine for many years.
We have all read his book on principles
and kind of how to think about
how the world is changing, how the
He is prophetic. He's visionary.
He's also incredibly insightful.
Please welcome Ray Dalio.
we have joining us for her
second year in a row. I'm very excited.
Someone who is actually helping
to guide the entire world.
And it's not only its monetary
through these changes of technology.
Kristalina, please welcome Kristalina.
our second most tenured person
on the panel of all time.
sends me in the right direction
and shows me not only what
I'm doing well, but is quick to tell me
when I've made a mistake.
so excited to have everybody here
and to, conduct the panel.
And, usually I don't sit on a chair
but this is such a comfortable
going to have to go over here.
And what we're going to do is,
you know, these are such incredible
and unique and diverse viewpoints.
If you look at the panel,
everybody leads a very different life.
and where things are going
And so we can kind of look at all
the different areas of the world.
And by the time that we go through it,
we can kind of get a vision
for where the world is going.
I'm going to ask is really kind of
term, and the first, you know,
Now, what are the big changes
that we should be aware of?
What's really happening right now?
happening in many different,
diverse aspects of the of the world.
Where are we going to see
And then my second question will be,
and I'll come in on based on,
you know, what we're hearing.
Give us a slightly medium term answer.
in the next call it decades.
And we're going to start with Will
because, well, you've been doing this
You've been the most accurate
And we also have a clock.
The panelists have in front of them
They have to hit the clock
because they've got a lot to say,
it just helps keep the panel going.
So let's go ahead and Will,
tell us, give us the short term,
then the next 3 to 5 years,
then the next 3 to 5 years,
What's what's our future?
You know, you have, like,
Mercedes has level three,
and level one is like cruise control.
you got to keep your hand
as soon as you take it off. It goes
But level five, Waymo is like
going to be level five companies.
Right now we're talking about agentic
that's like cruise control
hand on steering wheel. Bzzz bzzz bzzz.
there's going to be a company
And that's like all agents.
how do we prepare ourselves for that?
has the rights of people,
if you have a fully level five company
having the right to people,
and I'm one minute under.
since we have another 30s with you,
it wasn't that far a long ago.
It was about a decade ago.
and you said, the future is
your data is your future.
Well, data back then, back
about identity theft. Right.
from Bank of America was right
And so I was like identity theft.
I gave everything to meta for free.
They didn't sell anybody no product.
my driver's license on my passport.
on my searches, my address book,
my purchases, all my pictures.
G.P.S., my past places that I went to.
That's who I'm going to be.
And so the combination of
You said five years from now,
what the world was like, not
that agenetic level five,
you know, if we don't pick,
if we don't pick our fights
and address like data practices,
then a fully autonomous level
five company, the power of Meta,
knowing everything about everyone
That not an awesome tomorrow.
we need to be concerned about
This is your second year on the panel.
You have been incredibly insightful
about where the world economy is going,
how all of the countries are
You've also been a key stakeholder
in keeping the world together
When things have gotten tough,
you have helped us stay together.
Give us your vision over the next
you know, coming out a little bit
into this geopolitical world,
especially in regards to finance,
should we be looking at this?
Marc, I have two pieces of news.
One is good. The other one is bad
But which one do you want first?
Well, you should be a doctor
what my doctors always say to me.
So. Well, I got the doctor.
I'm the doctor of the world economy.
All right, give me the good.
an incredibly resilient world economy.
shock, after shock, after shock.
shock, after shock, after shock.
We just upgrade, growth projections
for this and for next year to 3.3%.
We have seen tremendous creativity,
by business, by businesses
when I, when I look at the,
that is likely to be driven
by artificial intelligence,
tremendous benefits across the world.
look under the hood of this 3.3%,
we see dramatic divergence.
upgraded growth projections for the US
point to 2.7 for this year.
We see however, Europe kind of limping
some doing well in these doing well.
But overall what they see
is capital flowing towards the US
where it is most profitable.
And if we don't have capital flowing
that is going to be detrimental
that is very concerning is
in comparison to prior decades,
3% for this next five years,
to bring to people the increase
in living standards they aspire for.
most of this down is due to slow down
with the exception of the US,
grows by 0.8% year after year after
For the rest of the advanced economies,
productivity has gone down
And then there is the hangover of that.
And how can we get out of this
The only way out is by growing
So that would determine our future.
Can artificial intelligence
be a driver of productivity and growth,
and can we do it in a fair way
or the divergence only continues.
Kristalina, just a quick follow up.
You know, the third quarter,
we saw productivity in the US,
go much higher than we expected.
we're doing in our company,
which is artificial intelligence,
is making our economy stronger.
We didn't add more workers
We didn't have human labor.
addition of digital labor,
and do you have to build new models
now to understand how that's impacting?
And is that a US only phenomenon,
it is most profound, most, impactful.
we see potential for up to, almost 1%
because of artificial intelligence
and whether you're right on it or not
depends on your preparedness
So what we do at the fund,
we created the AI Preparedness Index.
We rank countries on digital
on labor markets, education.
How do you get your labor force ready.
And we look at regulation and ethics.
The ethical foundation of AI is still
And in some countries it doesn't exist.
And then the world is spread like,
You know, advanced economies
60% of Labor Day already is impacted
low income countries falling behind
only 26% of jobs, impacted.
And the danger of that divergence
growing because of security
and of course, because of lack of basic
infrastructure to tap into it,
And that is what makes me lose sleep.
and therefore less secure world,
the will not to let that happen?
Yes, I think the question you're asking
is, is AI a basic human right?
you know, when you walk in,
walked into the United Nations
this there's a plaque right
of the basic human rights.
I think about ten years ago,
in the front of the UN, that AI is
a basic human right otherwise,
or will we create a world of
have it have nots and also the special
somebody of immense power
that's not only coming to companies,
but nation states through the use of,
I want to come back to that.
Kristalina. I want to go to Sara.
on some of these changes in
the economy in the third quarter
what's happening in the fourth quarter,
with many of these companies
in artificial intelligence,
United States strength in the
where do you see the next
3 to 5 years economically?
this is very strange for me, Marc,
because I'm supposed to be asking,
That's why I wanted you on the panel.
So thank you for that. I'm honored.
Actually, no, I look what I
what I hear from speaking to leaders
all the time on this stage,
like a lot of the CEOs in this room
because I gather so much intelligence
and speak to such smart people, is that
in the United States. Consumers.
after being low for the last few years,
even though the economy was doing
confidence has shot up and CEOs,
especially the American ones,
over the change in Washington
and a pro-growth administration
that is basically functioning
as as we've seen, including
in a government efficiency program
where business has a seat
in policymaking decisions.
I think really good for for growth
and for hiring and for investment and
so we've got that on our slide.
Marc Benioff and Salesforce
and we have the magnificent seven.
AI trillion dollar companies
and the economy of US exceptionalism.
And that's been the story.
And I think, you know, it
it continues to be the story.
But what's interesting to me in Davos,
to be actually very downbeat on Europe.
because the growth hasn't been a strong
and there's no AI, you know, big
But what I'm hearing is that,
Maybe Europe's going to deregulate.
Wouldn't that be something
and maybe that would be a little more
So optimism short term, medium term.
But we really could be in for
a strong look a strong U.S.
is as good for the world, right?
you see a doji of Europe coming in.
you know, you mentioned the mag seven.
You have so many insights
But putting aside that great
also let me ask you this,
which which business executive,
you think been so surprising to you
move the economy forward?
Well, it's always interesting
Like to see how, for instance,
Meta has done that many times.
you know, they've gone from
they became a mobile company and then,
they went to be a metaverse company
it's been very successful
they've taken these steps,
even if mistakes were made.
And now they're one of the favorite,
not just the big flashy sexy stocks.
there are also other ones
that have surprised me in a good way.
okay, they missed the cloud.
They missed all these big.
They used to be this huge juggernaut
and were sort of counted out.
And now they've also had quite
a transformation under Arvind Krishna,
simplified the businesses, had
this real intense focus on AI,
and now I think quantum as well,
incredibly well in the market.
finding those stories as well
the ones that we talk about every day.
Everyone loves Jensen, right.
a lot of interesting success stories
in corporate America. Right now.
you've been talking so much
but conflicts between countries,
the changing world order.
extensively in your books,
but also in your writings.
how you see the world coming together
Can you give us your vision on the
from the geopolitical standpoint?
Or maybe you want to directly,
you know, we've seen inflation
in the US not completely go away.
And maybe we look at higher rates
even on things like treasuries.
But where do you see things going
in the next 3 to 5 years.
as a, as a global macro investor
for about 50 years doing this.
And then one of the experiences
when things surprised me,
because they never happened
So I wanted to study the patterns
of history, and I studied them
in these arcs of history.
We can call them world orders.
order that we were in began
in 1945, at the end of wars and so on.
And there were analogous periods.
And there are five major forces
that determine that. The first is,
spending and it creates debt,
We know that. And we talk about that.
So that nature of what is debt, money
is through these periods of time,
the force of international
cooperation, domestic cooperation
toward populism of the right
and populism of the left,
and that the change in that nature
that we can talk about now
much more into a, right of center.
And we know the policies and so on.
and the international change
We have a change in the world order,
which is no longer a multilateral
multi, national organizations.
there are not the same kind of rules.
is going to be a more of a
three and number four is is nature.
have had a bigger effect in history
that never in the history
five is always through history,
the inventions of new technology
and some man's inventiveness.
They're all tied together.
Now, if I was going to take this year
and go through it, I would say just as,
we are going to have to deal
with the supply demand of credit.
And so the next item on the list,
transition in the United States.
If we had a close Trump loss,
we may not have had the same outcome,
but we now have a clear mandate.
time to do a lot of action.
we have the budget issue.
what will the internal policies
Number three, I'm an optimist now.
and it will be dealt with.
It's, it's English, it's British.
It's, French, it's Chinese.
And that issue, that money,
is going to be a very important thing.
And how that's being dealt with
is going to have to deal with,
and it'll have to be tangible.
And then, a but I would say
that we needed almost, a type of war.
the war in the Middle East,
I believe that those were exercises in
and I think that there have been
and those some of those wars
and I think including in China,
I think the relationships with China
because nobody wants it worse.
And so there may be trade,
you'll see trade and tariffs
and things like that being done.
those are things that we all work out.
And so I would think that we're
coming over this period of time
if we deal with the debt question.
Well, this is a pressing question.
That is money. And that's what
so if I take I have a tool
which I call an analog finder,
The most recent period of time
I would say, or analogous
is analogous to 1936, 37, 38
in terms of analogous, okay,
we should pay attention to that
And there's also elements of this
and so on to about 1998, in terms
and also interest rate issues.
I see the red light going on,
but I just wanted to say so
But this debt issue must be dealt with
issue, will have an element of peace
But we must realize that the world is
and we do not have the order.
We do not have the world order.
The game is in the power.
you also have this incredible
You run a passion for the ocean.
But you had some amazing discoveries
and you spent a lot of time.
You did some amazing dives there,
and you did some incredible
And would you just tell us
about the health of the ocean?
What's going on with the ocean,
give us an update on the ocean?
Because it was pretty awesome. What?
What you what you were able to do
this year with your vessel?
Just for those who don't know,
Jaques, that had an effect on me and,
and then, produced an ocean exploration
we didn't show it in different places.
If you're ever interested,
on, Disney that just began Disney Plus.
It's called Ocean Explorers.
You can see it anyway, that's,
we were four months in Indonesia,
all over Indonesia to be able to,
then we were in a world of change
is there going to be mining,
and there's basically ignorance.
we did that mission in Indonesia that,
the size of all land, the,
the world's surface is more than twice
and it's our biggest natural resource.
And what, you asked the condition.
And I'm very conscious of the time.
It's basically treated like a toilet.
and we jump on the garbage and,
that it has for our environment.
I'm going to go on and rattle off,
a capture and all of the,
implications that the ocean
because there's this sheet.
When we look at the ocean,
And you can see what's going on
under it, you know, and you would,
So discovery of the ocean is,
a very important thing for me.
he was brought up with the diving
it's it's an important issue
and I talk about these things
and you and I talk about these things.
Do you know how important the ocean is?
You know what's condition Al does too.
And so we have an issue there.
We're going to come back for that.
And we're now going to go to Al.
I like to bring it all together.
You you are obviously incredibly wise.
in many different places,
also put you on the board
of directors of Apple to make sure
that his vision and his values carry
through Apple all of these years.
You also are an incredible innovator.
what is going on with the climate
Probably the most innovative,
NGO in regards to what's going on
with the climate, with climate trace
Ray briefly touched on that the carbon,
the ocean is our number one
20,000 gigatons of carbon
are already stored in the ocean.
where are we in the world right
take us at the highest level
and thank you for inviting me.
to be on such a great panel.
And thank you, Kristalina, for
you're doing for the world.
go through and mention each person.
But Ray thank you and Will and Sara,
I want you as well. Sara.
So how do I feel about, things when I.
and I were talking at the table,
and immediately triggered a story,
and I said, oh, we don't have time to.
I'm going to tell you that story.
congressman in, rural Middle Tennessee,
the Grand Ole Opry had a star on
the radio named Cousin Minnie Pearl,
and she wore a straw hat with
still hanging down from it
I was driving back to my farm
tell this story on the radio.
She talked about a farmer who
was involved in an accident,
And when they got to court,
the lawyer for the other driver
got this farmer on the witness
stand and said, now, isn't it true that
right after this accident
and the farmer said, well,
it was it's not that simple.
You see, I was driving my cow
and this fella came driving
right across the center line.
Not a long involved story, yes or no?
I was leading up to that.
I was driving a cow out of town,
ran right smack dab into my truck,
and threw me out on one side
the other policeman came up
and took one look at that cow and said,
Pulled out his gun and shot her
and came around to my side of the truck
and said, how do you feel?
And so I said, I feel fine.
CEOs, not you, but some of the CEOs,
how they feel about the new
administration in Washington.
And I think of that story,
the problem with, telling
that joke is I've run out of time, but,
but I'm giving you another
three minutes. All right.
Chris Lane and I were in a meeting
with Larry Summers earlier,
and he was reminding people
repricing of mortgages because people
there had been a mass delusion
who felt like the extreme risk
of giving mortgages to people
even make a monthly payment
millions of them together,
and then fobbing off the package
and all of a sudden boom,
subprime carbon risk in the economy
Kristalina was talking about
getting the developing countries
Renewable energy revolution
is one of the most important,
You talked about all of the strength
some of it's not creating jobs.
Bureau of Labor Statistics
just released the new report.
is solar panel installer.
The number two job is wind
There are 3 million more,
clean energy jobs in the global economy
there are 15 million more.
If we head toward net zero,
hear the word poly crisis.
Some people haven't heard that.
But the the state of the oceans,
the forests, the biodiversity crisis.
Andre Hoffman always brings us
back to the extinction crisis. And
some people say they're all interwoven.
We also have a poly solution,
phasing out the use of fossil fuels
as quickly as we possibly can,
because in the oceans, for example,
there's a brand new study
showing that the phytoplankton
is now getting to the point
by the extra heat in the oceans
acid coming from the acidification,
And you can go around the list.
We need to adopt a poly solution.
We have the ability to really move
mainly by private capital market.
and battery and EV revolution.
But there's a so-called home bias
it goes to the US, to Europe
And the developing countries
because they are essentially walled off
from access to the private capital
in order to finance this.
reasons, want $1 trillion
But it's not going to happen
because of the political realities.
process, adding the technology
we had a centrifugal redistribution
of high wage jobs to low wage venues.
And the inequality is increased
and developing countries.
a solar farm are often seven times
rates in the US and Canada and Europe.
We have got to open that up.
And Kristalina, bless you
for doing such a great job
in trying to get that, done.
But we all need to focus on doing that.
once wrote about a Native American
young man who was told by his elders,
that is not as wide as you fear it is.
the late poet, the late great poet
Russia, then the Soviet Union
at the heart of the poem was
trying to decide whether to jump over.
And the point of the poem was,
don't try to do it in two leaps.
That's kind of what we have been,
We need to make a decision.
I would argue, the most consequential
turning point in all of human history.
And congratulations on Agent Force.
It's going to be the most significant
technology revolution in history.
But the climate crisis posed
as a challenge that challenges us
to scale up our moral imagination.
The risk we are facing is far beyond
what most people have understood
It cannot continue as it is.
175 million tons into the lower
where the blue is, where the oxygen is.
and the average amount there now
as would be released by 750,000
Hiroshima class atomic bombs
for us to allow that to continue.
I press my own buttons these days.
But I'll just, conclude by saying I am.
I would say great food and everything,
but I'm also here to recruit you.
seriously, we are at a point where
we got all the technologies
and the deployment models proven out
the only thing people think we doubt
that we don't have in sufficient
quantity is political will.
You still have it in you. It's amazing.
Is that another way of saying you're old.
let's all come back and let's,
take another minute or two.
we just went through a pretty good tour
from the financial markets
to the technology markets
to the environment to energy.
And let's try to bring it all out.
Where do we want to be in 2030?
Let's go out now. Ten years.
over the last decade or more that it's
You know, we just heard the call.
I'm sorry that Bob Mom's Garden
is the CEO of Commonwealth
because he's had the most exciting
in nuclear fusion and a very,
It doesn't necessarily mean
all of our problems, of course,
because as Al said, there's
so many solutions available
that are able to do so much
on the big island of Hawaii,
relatively small population.
We're about three, 400,000 people,
but we're more than 60% renewable now.
I'll just start out by saying
we will be 100% renewable.
Now we have an unfair advantage
because we got those solar panels
but we need more batteries.
And we also have a very active volcano
that we plug into with some geothermal.
clean energy happening there.
vision for the whole world,
and it's a quite a sustainable place.
What's happening on that one island?
I often think it could be a vision
So what is the vision for the world
When we look at AI, when we look at,
on the panel that we were just
in, you know, we've deforested
also from 6 trillion trees
to less than 3 trillion each trillion.
Trillion Trees initiative.
You're very I mean, this is my mentor.
who gave me the first research ever
on that. But yes, we have
each trillion trees stores
you know, 3 trillion trees,
that 600 gigatons of carbon
And, I was very proud of the Congo
yesterday, who with in partnership
with the World Economic Forum
and the Trillion Tree Initiative
now said that we are going to have
largest forest reserve in the Congo,
and we actually have commitments
now for 300 billion trees,
including 70 billion from China.
that we will get to a trillion trees
and restored and recovered by 2030.
to the oceans, the trees.
But also the climate energy.
and I'll be stealing it in the future.
I won't just be using the phrase
moral hazard, which I become, that,
you know, I must use the phrase.
And Al was upset with me about that,
Will, you've had a lot of time
You've done pioneering work.
You're remarkably prophetic, visionary
Dig deep down and tell us
where are we going to be in 2030?
that formed four years ahead of us.
So coming from an American perspective.
And then we have two years
So these next four years are,
because our first steps in a way
it's going to be horrible.
open minded, collaborative
not in a collaborative state.
that want to be in America,
seeing that America is like
of different nationalities.
So to accept one nationality in crisis,
other folks that are looking for refuge
that Americans don't want to do,
to do the jobs that are humans
Just me being a blind optimist.
it's not starting off that way.
It started off with like, the vision of
my high school is burned down
that's in the black eyed peas
His kids can't go to school
because their school burned down.
It's three weeks into January
burning 4 or 5 burning right now,
and they're getting museum.
I wish I wish LA wasn't burning
for me too, but it's burning.
we're not sharing a communal AI.
To do that, data needs to be,
Like I have my immune system,
If I'm feeling sick, I can't say,
hey, can use a restroom for me.
or for catching a cold, and I can't,
can I borrow your immune system
why are we open to sharing
the most intimate system,
which is like AI and data?
mine as it is just as much yours
and your neural biological system,
And so hopefully we get to this
not leading with greed, more empathetic
is going to learn from us.
And if it's learning from our greed
going to love better than us.
But we're not doing a good job loving
So we have a lot of like,
internalizing to do, like,
but what what is this all about?
Like, how rich can you get?
How much money do you want to sit on?
There's a lot of people out there
that could use just a little bit of it,
a little bit of preparation
there's a whole bunch of money
going around and make machine smarter.
But we're not making humans smart.
So hopefully ten years from now,
you know these inevitable
the logic points to that's
what it's going to be like don't happen
the human age in the age of like
hopefully the genetic world could like
make us look inside to be better humans
going to be fucking awesome.
that fucking wack, that's not cool.
how about if we just take a minute
and just kind of talk about,
I mean, Will hit on a lot of things,
And we also heard from Ray might is
accessing our moral imagination,
the human age, the robot force,
the worlds of regenerative
biology as well that are going on
Indeed. And climate change is real.
Kristalina, can you give us a minute
It's, the International Monetary Fund.
We love running scenarios.
So you ask us about the future,
and we are like Cheshire cats.
We love to talk about that.
So we run scenarios for the next 10,
And, the the short story is
we can end up being 5 or 6 times
wealthier as a world, or we can end up
almost stagnating as a world.
whether we would be better,
is, would be how we manage
to face the shocks to come.
what the next crisis is going to be.
I don't know what the next
I just know it is going to happen.
I came from a centrally planned
about that is two men in the forest
and a big bear comes out.
starts running, the other one
we would run faster than the bear.
I want to run faster than you.
that we have to learn to collaborate,
whether it is a financial shock,
whether it is another pandemic,
they're going to be not very,
mindful of the speed of running.
They will say, I'm going to get you all
I don't think we would cooperate
I think it is a multipolar world,
collaboration of businesses
and we can have countries
that are neighbors or share
same values, collaborating more.
a much better world for everybody.
where we're going in the future
to pull this together based on, well,
I'll answer that, Marc, by sharing
two things that I've learned
and and Al you know in your in your,
in your a great sort of urgent call
You did not use the word ESG.
that word used at all this year.
And we're also starting to retire
But what I've learned in Davos
is that businesses and leaders
are still extremely focused
on the well-intentioned policies
that are behind those very politicized,
politicians are short term,
And so when I think about 2030,
I think about and I'm going to steal it
since we're all stealing each other's
a phrase from Marc Benioff,
that business is the greatest platform
And one of the reasons I'm optimistic
in this room and hear businesses
and through better governance
of existential problems of debt.
and climate and use AI for things like
and all of those great things.
be responsible and contribute
and a lot of our companies globally,
it paints an optimistic future.
You want to take us forward
a year or two or a decade
I want to pick up on well-being
watch a lot of statistics
over literally hundreds of years
measures of well-being and,
we're so focused on accomplishment.
increasing and GDP increasing
that we overlook what Will is saying
It's all going to depend on harmony,
how we are with each other
and how we are with nature.
And so if you look at the correlations
well, health and happiness,
for those who are interested,
hundreds of different statistics
strength of this, this and the other.
and I put them into categories
strength, strength of the economy,
strength of military and so on.
And there's very little correlation
that measure of GDP, military
the United States has a five year lower
And if you measure health, it's
we have to pay attention.
It goes back to religions
It goes back to harmony, karma,
how people are with each other.
So, you and you mentioned cooperation.
that, that so that's the question.
I don't know the answer to that,
when we're, when we're fighting.
times that there's harmony
and you can find the worst of times
if you look at that change.
It'll all depend on how we are
with each other and with, nature.
I think because what goes it's karma.
It's what goes around, comes around.
as you would have them do.
These are good practical rules.
which is appropriate, since
all the way to the Holy Trinity.
And you know, where are we finding our,
our unity is with ourselves
with the world, with God.
to bring all this together
and happiness and strength,
you know, creating this new world?
How do you see things going forward?
I think the answer to the question
will depend first and foremost
on whether or not we can restore
to reason together, collectively,
I recommend this new book by,
Chris Hayes on the attention economy.
Nicholas Carr wrote one called
The Shallows a decade earlier.
We have been through a massive,
transition from the print based media
dominant when the American Constitution
the liberal democracies were founded,
and it fostered and encouraged,
reasoning and collective reasoning,
the electronic media and broadcasting
But attention has become, a commodity
and our ability to reason collectively
is being seriously impaired.
are the gateway to the rabbit holes on
are really quite dangerous.
and they ought to be banned as abusive
and we've all gone down them, but some
pitcher plants with slippery sides.
That's where the echo chamber is.
And when people spend too long
to a different form of AI
not artificial intelligence,
And I don't say that as a
as an effort to get a laugh.
I mean it literally and seriously,
that's where QAnon comes from.
That's where climate denial comes from.
And the United States of America,
to France and their revolution,
redeeming the promise that free peoples
can make intelligent, wise decisions
have discourse with one another
what's more likely than not to be true.
That process has been disrupted.
We have to reestablish it and
and pour it over from the digital,
from the the ancient print world,
and representative democracy
Audrey Tang in Taiwan, Estonia.
There are a few examples of this,
maybe the single most urgent task.
is how we can reestablish
to think collectively together
and use the force of reason
to make intelligent decisions.
between leaders and publics is
the worst in people, they'll get that.
If they call out the best in
people, they'll get that too.
the former phase, but we'll come back.
lasted for a thousand years.
I guess we can get through these next
And I believe that's the case.
I'm optimistic, I really am.
an act of political will.
who care about our future
to leave their comfort zones.
this is an opportunity and a challenge
that this generation has to rise to.
It'll be remembered forever.
This is the turning point.
for this great discussion?