Collaboration key to better future, no place for cynicism or negativity: Klaus Schwab
World Economic Forum Founder and Chairman Klaus Schwab on Tuesday said the trust on our society must be restored while cynicism and negativity must be replaced by practical steps. In his opening remarks welcoming the world leaders at the WEF Annual Meeting, Schwab said they are coming together at a moment when the world faces critical challenges.
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He cited the WEF's latest annual Global Risk Report 2025 that identifies the foremost risks, such as armed conflicts, extreme weather events, misinformation and disinformation, increasing divisions within societies, cyber espionage and warfare, and many more.
Simultaneously, we stand at the brink of the Intelligent Age, where Artificial Intelligence and other groundbreaking technological innovations will fundamentally transform our economic systems, business models, and personal lives, he said.
Schwab said the transition from the Industrial to the Intelligent Age is occurring at an exponential pace, carrying unprecedented risks for humanity as we strive to prepare and adapt for its complexities.
«Yet, it also offers significant opportunities to transcend our current challenges and spark a new renaissance — one defined by advancements in knowledge, health, culture, and societal welfare,» he said.
Artificial Intelligence(AI)
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