past couple of days. If it was all about cautious optimism and expectations of the global economy managing a soft landing yesterday, the three existentialist threats are ruling the dialogues everywhere I go– Artificial Intelligence (AI), climate change and the wars across the globe. Artificial intelligence in fact is the flavour of WEF – there is no conversation that does not feature it in some way or the other and everybody is an AI expert.
The camps are neatly divided between the AI enthusiasts and the doomsayers. The United Nations chief Antonio Guterres is one of the latter – he appealed to all leaders to create a global strategy for the AI (particularly GenAI) threats that could crop up. Satya Nadella, a firm AI enthusiast, does not dismiss the fears but thinks that there is little to worry about if the correct precautions are taken.
He has echoed what several other leaders have been saying for some time – the need for a global coordination on AI that would see appropriate guardrails being put in place. It is now becoming clear to global policy-makers that AI is not amenable to regulations limited by geography – it needs a world consensus. The eruption of new regional wars is not only leading to worries regarding world peace but also the economic impact in the form of protracted supply chain issues that are giving every business leader jitters, especially at a time when global growth needs a significant push.
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