Davos 2019 - Strategic Outlook on the Digital Economy

TL;DR

Panelists discuss globalization, technology, and social impact in the digital economy.

Transcript

hollering i'd like to with the World Economic Forum I head up the system additional digital economy and society delighted to welcome you all here welcome to Davos welcome to to this important discussion you know we are at 50 year anniversary the event of the internet and as of December 50% of the world are connected at the same time of those that a... Read More

Key Insights

• 🥹 Technology advancements hold the potential to address global challenges and promote social impact in the digital economy.
• 👨‍💼 Trust deficit, privacy concerns, and economic disparities require collaborative efforts between governments, businesses, and individuals to find effective solutions.
• 👨‍💼 Gender inequity in business needs to be addressed to ensure a more inclusive and diverse digital economy.

Questions & Answers

Q: How can the digital economy address global challenges and promote social impact?

Panelists advocate for using technology to solve issues like food scarcity, job displacement, and sustainable development, emphasizing the need for inclusive approaches.

Q: What role does trust play in shaping the future of the digital economy?

Trust deficit is a significant concern, with panelists highlighting the importance of leadership, global cooperation, and new governance models to rebuild trust.

Q: Should governments or businesses take the lead in addressing challenges like energy consumption and privacy concerns in the digital economy?

Both governments and businesses need to collaborate to tackle issues like sustainability, job retraining, and maintaining ethical practices in the digital realm.

Q: How can gender inequity in business impact the digital economy, and what solutions are proposed?

The panel discusses the need to address gender disparities in accessing capital and opportunities for women-owned firms to ensure a more inclusive and diverse digital economy.

Summary & Key Takeaways

• Panelists emphasize the importance of technology and digital advancements in shaping the global economy.

• Discussions revolve around the challenges of digital progress, such as trust deficit, privacy concerns, and economic disparities.

• Calls for cooperation between governments, businesses, and individuals to address these issues effectively.