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Under the motto of “Rebuilding Confidence”, the 54th Annual Meeting of the World Economic Forum in Davos will begin tomorrow, Monday, in the Swiss city of Davos and last until next Friday. The meeting will revolve around whether 2024 will be a continuation of the crisis or a time for resolution and recovery.
His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar, led a delegation of the State of Qatar to the Forum, as the State of Qatar has always been present at this global event, especially in view of developments in the region and the main economic priorities of the State.
This year, more than sixty heads of state and government attended Davos, including French President Emmanuel Macron, Argentine President Mili, Chinese Premier Li Qiang, Ukrainian President Volodymyr Zelensky, Vietnamese Prime Minister Pham Minh Chinh, and US Secretary of State Pham Minh Chinh. UN Secretaries-General Antony Blinken and Antonio Guterres, as well as nearly 2,000 business leaders, the Forum’s 1,000 partner companies, as well as civil society leaders, leading experts, young changemakers, social entrepreneurs and the media.
Participants in the 54th Annual Meeting of the World Economic Forum are interested in the post-COVID-19 future and the economic problems the world has suffered over the past three years, but as wars and tensions continue in many regions, many participants’ attention will be focused on geopolitical issues. It is expected that discussions in more than 200 sessions should focus on four main areas: achieving security and cooperation in a broken world, creating growth and jobs for a new era, long-term strategies for climate, nature and energy, artificial BroadCast Unitedligence as a driver of the economy and society, and the chaos or potential that may arise due to the misuse of artificial BroadCast Unitedligence.
Economic observers believe that leaders attending the forum should focus part of their discussions on measures that must be taken immediately by 2024 to urgently stimulate investment and lay the foundation for a future of shared prosperity, especially for young people and especially for the African continent, which accounts for about 25 percent of the earth’s population.
As usual, every year many agreements and trade deals are reached behind closed doors, and in a statement issued last week, Klaus Schwab, founder of the Forum, explained that the international community is currently facing a divided world and growing social divisions, leading to the spread of certainty and pessimism, stressing that everyone must go beyond crisis management, look at the root causes of current problems, and work together to build a brighter and more hopeful future, thereby rebuilding confidence in the future.
Borg Brende, Chairman of the World Economic Forum, stressed that innovative collaboration between the public and private sectors is critical to turning ideas into action as global challenges need to be addressed.
The forum will hold about 25 sessions discussing the ethics and promise of artificial BroadCast Unitedligence, as the annual Global Risks Report published by the World Economic Forum is dominated by concerns about the use of AI, a technology that has developed rapidly since last year’s Davos meeting. The report warned that media misinformation could be one of the biggest risks facing humanity in the next two years, when elections are held in which about half the world’s population will be invited to vote.
The report, released days before the Davos forum, added that widespread use of false and misleading information and the tools to spread it could undermine the legitimacy of newly elected governments. The report noted that large economies have witnessed or will witness this in elections over two years, including Bangladesh, India, Indonesia, Mexico, Pakistan, the United Kingdom and the United States.
The report noted that “social polarization” and the deliberate spread of “artificial BroadCast Unitedligence-generated” misinformation have heightened “concerns about an ongoing livelihood crisis” this year.
Armed conflicts between states rank among the top five global concerns over the next two years, but in the long term, severe weather conditions and decisive changes to the Earth’s ecosystems will become the biggest source of worry. Time is running out to prevent global warming from reaching an irreversible point, the report said, based on the opinions of more than 1,400 global risk experts, policymakers and business leaders surveyed last September.
Civil society groups spread across the central halls of the Davos Forum sought to remind attendees that economic and technological gains are not distributed equally among all, warning that many of the current shocks and crises are exacerbating gaps between countries and peoples.
The Davos resort in southeastern Switzerland has hosted this major global event several times since it was founded by businessman Klaus Schwab in 1971, with the exception of a meeting hosted in New York in 2002 to express solidarity with the victims of the September 11 attacks, and opened in 2007. Regional offices were established in the Chinese capital Beijing and New York, USA in 2006.
Although Davos is held annually, its influence is extraordinary because it highlights the world’s most pressing issues. The forum attracts about 3,000 people, about a third of whom are from the business community, and aims to find solutions to the problems raised. To achieve world political and economic stability. To provide a basis for communication and exchange among forum participants in order to develop a global economic agenda that leads to world development and progress.
The Forum’s membership includes thousands of the world’s largest companies, with a capital turnover of more than $5 billion. Named after the Swiss mountain town of Davos, the Forum was first held in Davos in 1971 without consultation by any of the member countries. The specific agenda of the meeting was conducted among a small group of no more than 100 people from the scientific and business administration circles, but today it has become an event that attracts the attention of the world, witnessing the high-level participation of presidents and leaders of many countries. It also includes a series of debates, lectures, panel discussions and seminars spread across multiple political, security, cultural, scientific and medical fields, and is not limited to economic topics as its title suggests.
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