World Economic Forum News
Nearly 45 per cent anticipate rising profit margins from AI adoption, but just 12 per cent expect higher wages, suggesting productivity gains may not translate evenly into increased pay for workers.
Artificial intelligence would not replace human jobs but can only reshape work by automating tasks, said leading business executives from technology companies at the ongoing World Economic Forum 2026 in Davos.
A world prepares for World Economic Forum Annual Meeting in Davos, India sends its largest deligation eying for major gainsamid the global turbulance and tariff threats.
At the Davos World Economic Forum, Water Resources Minister CR Patil introduced the world to PM Modi's visionary foresight on water revolution.
Nearly 40 per cent of skills required for the jobs need to change and 63 per cent of the employers says they are facing proper skillset as the key barrier, details below.
Iran attacked the headquarters of a terrorist group opposed to Tehran with drones and missiles inside Pakistan territory on late hours of Tuesday.
India, which currently holds the G20 presidency, is one of the fastest growing key economies in the world and WEF has had close collaborations with the country for the past many years.
Pakistan Foreign Minister said Pakistan will have no talks with terrorist organisations
The foreign minister said former PM Imran Khan gave TTP a place to hide
Global leaders taking part include European Commission President Ursula von der Leyen, German Chancellor Olaf Scholz, European Parliament President Roberta Metsola, South Africa President Cyril M Ramaphosa, Spain Prime Minister Pedro Sanchez, South Korean President Yoon Suk-yeol, Swiss President Alain Berset, and Finland Prime Minister Sanna Marin.
Over the course of the two years of the pandemic, the fortunes of the world`s 10 richest individuals have risen to $1.5 trillion - or by $15,000 a second - a study by Oxfam this week showed.
The Chinese President also spoke against "protectionism and unilateralism"
"History has proved time and again that confrontation does not solve problems"
"Protectionism and unilateralism can protect no one, they ultimately hurt the interests of others as well as one`s own," Xi said
India is working on signing free trade agreements with many countries, Indian Prime Minister Narendra Modi said during his "State of the World" address at World Economic Forum's Davos summit.
He further added that India was once known for licence raj and the now encouraging ease of doing business, reducing govt involvement in businesses.
He also said India is fighting another COVID-19 wave with full alertness and caution while also maintaining economic growth.
The Forum has been hosting its annual meeting in the Swiss ski resort town of Davos for 50 years every January.
The report has been published by the WEF's 'BiodiverCities by 2030 Initiative'.
The report called for multistakeholder action to integrate nature as infrastructure into the built environment.
PM Modi will today deliver the ‘State of the World’ special address at the World Economic Forum’s Davos Agenda.
Prime Minister's video conferencing address will begin at 8:30 PM IST.
The virtual event is scheduled to be held between January 17 and January 21.
The event will also witness participation of top industry leaders, international organizations and civil society
While nearly 40 percent of workers globally think they would lose their jobs in five years, 56 percent feel that fewer people would obtain long-term employment in the future, the survey showed.
More than 60 percent demanded that governments must work to protect their jobs.
The survey also showed that 40 percent of workers used the COVID-induced lockdown in 2020 to hone their digital skills, while 77 percent were ready to learn new skills or to retrain.
Prime Minister Narendra Modi on Thursday attended the World Economic Forum through video conferencing. In his speech, PM Modi said that India's efforts to fight against the outbreak of COVID-19 disease was appreciated and said that the country never gave up and kept moving forward with active participation and public participation.
PM Narendra Modi has asserted that in the next few months, India will achieve the target of vaccinating 300 million elderly people and people with comorbidities.
The PM highlighted that many people around the world thought India would be worst-affected country by COVID-19 and face tsunami of coronavirus infections.
The top five reasons in the list of these threats are related to the environment and the root cause for these is human greed
The World Economic Forum conducted a survey on the upcoming dangers before the world, and how they will affect the way people live
Human desire has given birth to an epidemic like coronavirus, which has clearly conveyed a message to the world that it makes no difference among human beings
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