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Klaus Schwab

Founder and Executive Chairman, World Economic Forum

A Conversation with Klaus Schwab: Founder and Executive Chairman, World Economic Forum

At a September 20 meeting that launched the Boston College Chief Executives Club's 25th year, German engineer and economist Klaus Schwab, the founder and executive chairman of the World Economic Forum (WEF), discussed his foundation’s origins in 1971, major economic shifts over the last 46 years, and ongoing challenges that the "global village" of WEF is dedicated to addressing.

Takeaway

World Concerns

I would say there are three major concerns...the transition from a unipolar to a multipolar world; the possible negative impact of the fourth industrial revolution, which means the fast technological development; and inclusiveness

Takeaway

Societal Challenges

Eric Schmidt (executive chairman of Alphabet, Inc.) in Davos said the next decade will be the fight between robots and humans. So, if we want to win this fight, we have to know what makes us different as humans. For me, cultural values are very, very important.

Takeaway

Global Alliance

Individual efforts are very good. But if you want to have a global impact, you need to ally yourself with similarly minded and similarly interested stakeholders, not only from the business community but also from governments.

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