All posts tagged: Davos

We have other options – POLITICO

We have other options – POLITICO

Published by Sam

4. BTW, we are still into this globalization thing. At a time when Trump is touting trade tariffs and “America First,” von der Leyen’s speech seemed designed to send the opposite signal: We’re open to doing business with anyone. Von der Leyen addressed potential trading partners directly, saying: “If there are mutual benefits in sight, we are ready to engage with you.” Indeed, a key message from the speech was that Europe wants to diversify its trading relationships away from America.  While Trump is declaring an emergency on America’s southern border and gearing up for tariffs against Mexico, von der Leyen gave special mention to EU trade relations with Latin America. At a time when Trump is touting trade tariffs and “America First,” von der Leyen’s speech seemed designed to send the opposite signal. | Morry Gash/AFP via Getty Images And while acknowledging the economic threat from unfair Chinese trading practices, she also said Europe had to “engage constructively” with Beijing. 5. America? Who? Tellingly, von der Leyen spoke about Africa, the Asia-Pacific region, China …

Three lessons the world must learn from COP28 and Davos 2024

Three lessons the world must learn from COP28 and Davos 2024

Published by skeptic

Olivier Blum, Executive Vice President of Energy Management at Schneider Electric, discusses how COP28 and Davos 2024 will influence future climate initiatives. In the wake of two of the most significant global climate summits, the world keenly watches to see what progress nations and businesses will make on climate change this year. In December, almost 200 countries agreed to begin reducing their consumption of fossil fuels in a ‘first-of-its-kind’ deal. Along with adopting cleaner energy sources, the need to reduce energy demand was high on the agenda for the first time at both events. But is it enough? Tackling energy demand has the potential to deliver over half (55%) of the solution for net zero energy by 2050, yet it is still vastly under-appreciated. After taking stock of the panels and discussions at these events with organisations like Bain & Company, EDF, and CCI France UAE, one thing is clear to me. Decision-makers now know we must reduce energy demand to advance faster towards our increasingly urgent climate goals. The question they need answered is, …

Kemi Badenoch failed to raise Horizon scandal when she met Fujitsu at Davos | Post Office Horizon scandal

Kemi Badenoch failed to raise Horizon scandal when she met Fujitsu at Davos | Post Office Horizon scandal

Published by skeptic

Kemi Badenoch failed to raise the issue of the Horizon scandal or compensation for Post Office operators when she met Fujitsu at Davos last year, instead focusing on asking the firm for its views on investing in the UK. The business secretary, who was then trade secretary, was warned by civil servants in her briefing note of the “risk” around the Horizon scandal, in which Fujitsu supplied faulty software that led to about 700 post office operators being wrongly convicted of fraud. However, the list of priorities drawn up by civil servants for Badenoch’s meeting with Takahito Tokita, the chief executive, included hearing from Fujitsu about opportunities for enhancing UK-Japan relations, offering support for its investments, and asking what more could be done to ensure the second phase of a UK project went ahead. The briefing notes added: “Fujitsu are involved in an ongoing statutory inquiry into the implementation and failings of the Horizon accounting system, which was used by the Post Office, led by Sir Wyn Williams. We do not expect this to be …

An Open Letter To The Davos Crowd

An Open Letter To The Davos Crowd

Published by skeptic

Authored by Rob Jenkins via The Brownstone Institute, Dear self-styled “global elites:” No doubt, should this missive ever come to your attention, you will simply dismiss me as a “conspiracy theorist.” But no theorizing is necessary when the conspirators keep admitting to it, repeatedly speaking the quiet part out loud. Your creepy Bond-villain in chief, Klaus Schwab, Chairman of the World Economic Forum, has openly called for “permanent interaction between governments and regulatory agencies on the one hand, and business on the other”—in other words, for a kind of global fascism 2.0. Meanwhile, Schwab’s oily henchman, Yuval Harari, asserts that “human rights exist only in the imagination.”  One needn’t be a prophet to see where this is heading. Not only are you not trying to hide your agenda, you’re obviously quite proud of it. As another of your number said in a speech at Davos in 2022, “The good news is that the elites across the world trust each other more and more. So we can come together and design and do beautiful things together. The bad news is that…the majority …

Davos, Dictators, & The Real “Threats To Our Democracy”

Davos, Dictators, & The Real “Threats To Our Democracy”

Published by skeptic

Authored by Laura Hollis via The Epoch Times, Republican presidential candidate (and now presumptive nominee) Donald Trump won the Iowa caucus and the New Hampshire primary in the past week, breaking records in both contests. In Iowa, Trump received an unprecedented 51 percent of votes cast—more than 30 percentage points ahead of the runner-up, Florida Gov. Ron DeSantis (who has since left the race and endorsed Trump). In New Hampshire, Trump received a record 175,000-plus votes and beat former South Carolina Gov. Nikki Haley by 12-plus percentage points. Predictably, the American Left is freaking out. For months, their talking heads have been warning that Trump’s election will usher in a literal dictatorship. As I wrote last week, the baseless accusations are cast at both President Trump and the Americans supporting him. Democrats are ratcheting up this polarizing tactic, which they’ve used for years. In 2008, Barack Obama characterized Americans who opposed his candidacy for president as “bitter” people “clinging” to their “guns or religion or antipathy to people who aren’t like them.” During her 2016 …

Boris Johnson Says Davos Elite “Trembling Violently” At Return Of Trump

Boris Johnson Says Davos Elite “Trembling Violently” At Return Of Trump

Published by skeptic

Authored by Paul Joseph Watson via Modernity.news, Former British Prime Minister Boris Johnson says the Davos elite are “trembling violently” at the very real prospect of Donald Trump winning the presidency again. Johnson made the comments in an exclusive article for the Daily Mail. “In the cocktail parties of Davos, I am told, the global wokerati have been trembling so violently that you could hear the ice tinkling in their negronis,” wrote the ex-PM. After his landslide win in Iowa earlier this week, Trump is expected to enjoy a repeat performance in New Hampshire on Tuesday despite the avalanche of challenges he has faced. “In the senior common rooms of our ­universities, in the synod of the Church of England, in the Orwellian corridors of the BBC and among much of the UK establishment there has been a caterwauling orgy of nose-holding abhorrence,” thundered Johnson. Boris pointed out that the more insane the attacks on Trump become, the more he seems to thrive. “The more ­frenzied the effort to cancel him, the stronger he becomes. …

As AI ascends, Davos leaders take on trust and transparency – POLITICO

As AI ascends, Davos leaders take on trust and transparency – POLITICO

Published by skeptic

The focus of the 2024 World Economic Forum at Davos was on rebuilding trust, with artificial intelligence top of the agenda. Since the roll out of AI-powered chat bots, AI has developed a major trust problem among the public. The majority of Americans said last year that the risks of AI outweigh the potential benefits, and in the EU, Europeans were overwhelmingly in favor of restrictions around its use to protect jobs and privacy. Meanwhile, implementation by corporations is steadily growing. A 2023 AI Adoption Index from IBM and Morning Consult found 73 percent of companies surveyed are actively deploying or exploring AI in their business. AI built on a foundation of trust and transparency could be a catalyst that drives progress for society and the economy, creates jobs for a new era and reshapes the world for the better. But, continued public skepticism in the technology could be a serious roadblock to realizing AI’s future. On a special branded episode of Power Play, from our sponsor IBM, we explore AI’s trust problem and what …

WSJ Editor-in-Chief Admits To Davos Elites ‘We No Longer Own The News’

WSJ Editor-in-Chief Admits To Davos Elites ‘We No Longer Own The News’

Published by skeptic

Thanks to the internet and (shrinking) press freedoms, legacy media outlets no longer have a monopoly on information and narratives. Case in point, during a WEF discussion at Davos entitled “Defending Truth,” Wall St. Journal EIC Emma Tucker lamented this loss of control over ‘the facts,’ as Modernity.news reports. “I think there’s a very specific challenge for the legacy brands, like the New York Times and like the Wall Street Journal,” Tucker said, adding “If you go back really not that long ago, as I say, we owned the news. We were the gatekeepers, and we very much owned the facts as well.“ “If it said it in the Wall Street Journal, the New York Times, then that was a fact,” she continued, adding “Nowadays, people can go to all sorts of different sources for the news and they’re much more questioning about what we’re saying.” Watch: At a discussion titled ‘Defending Truth,’ the WSJ editor-in-chief admitted to #Davos2024 #WorldEconomicForum elites that the legacy media no longer ‘own the news’, lamenting “We were the gatekeepers, …

AI dominates Davos as business leaders turn to new tech

AI dominates Davos as business leaders turn to new tech

Published by skeptic

Open AI CEO and ChatGPT creator Sam Altman at the World Economic Forum in Davos, Switzerland, January 18, 2024. FABRICE COFFRINI / AFP Everyone was waiting for Sam Altman to speak at the World Economic Forum (WEF) in Davos, Switzerland, and when he did, CEOs in attendance got their phones out to film the event. When Altman speaks, it’s as if his words are in a hurry to get out of that seething brain. He loses his gaze as his eyes fix on his thoughts. The CEO of Open AI, behidn ChatGPT, was the messiah of the WEF. Altman embodies the new, game-changing revolution that businesses have long been waiting for: Artificial intelligence (AI). Everyone wants AI. Albert Bourla, CEO of pharmaceutical giant Pfizer, highlighted the importance of AI for designing new molecules and speeding up testing. The CEO of Accenture, the world’s leading consulting firm, Julie Sweet claimed that all industries would be affected. Even activists from Transparency International, the anti-corruption organization, are using AI to identify illicit financial circuits in Mexico. What is …