The Alpine winter was not hard enough to cool off the world’s most important economic forum
Every year, the World Economic Forum is a most awaited event – the freezing Swiss town of Davos is the place where world leaders and their finance ministers take the stage to ‘seduce’ investors and commercial partners. 2019 WEF was no different as it set the tone for all conversations and debates for the year to come. And Horyou team was there. As for some of the main outcomes of Davos:
1. The ubiquitous AI – Artificial Intelligence has been a hot topic for some years at the WEF, but in 2019 it is a star. Its technology is everywhere – in our homes and our workplaces, and it is helping shape the world we live in and how we see it. For some firms, like Reuters and Majid Al Futtaim’s shopping mall, the forum was a platform to launch their AI solutions.
2. Clean energy now – Even oil-based economies agree that it is important to consider alternatives. Climate change and investor pressure are pushing companies to re-think their strategies and invest in the production of cleaner energy with help from more technology.
3. Blockchain is the name of the game – Speaking at the Blockchain Economic Forum, Horyou’s founder and CEO, Yonathan Parienti, presented the concept of Blockchain with a Purpose and HoryouToken. As a disruptive decentralized technology, Blockchain is impacting not only the financial system but also the healthcare, philanthropy, and insurance industries among others. And the World Economic Forum gave it an important exposition.
4. The future of work – It’s already happening. Humans and machines now coexist at the workplace. Companies and countries are discussing the possibility of designing strategies to make this transition smooth and collaborative, without threatening jobs and incomes.
5. Environment matters – The WEF opened its stage to Sir David Attenborough, who was awarded for his lifetime contribution to the promotion of the protection of animal life, as well as Prime Ministers Jacinda Ardern, from New Zealand, and Mark Rutte, from the Netherlands, who spoke about the urgent need to protect the environment. The private sector also showed its engagement with the cause of the planet – a group of 50 CEOs working across 150 countries met to discuss ways to reduce emissions.
6. SDGs in the Spotlight – Besides setting a dedicated area for the UN Sustainable Development Goals, the WEF nurtured many debates around them. On the Forum’s platform for public-private cooperation, business projects were presented on topics including sustainable consumption and production, mental health, youth empowerment and disability inclusion.