Generative AI dominates Davos discussions as companies focus on accuracy

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — The rise of generative artificial intelligence has dominated private and public discussion at the World Economic Forum as the world’s largest technology … Read more

Davos 2024: Microsoft CEO ‘comfortable’ with OpenAI non-profit board structure despite Altman ousting

Microsoft CEO Satya Nadella on Tuesday said he had no issue with partner OpenAI’s governance structure, two months after the start-up’s non-profit board temporarily ousted its chief executive without regard to investors’ interests. “I’m comfortable. I have no issues with any structure,” Nadella said at a Bloomberg News event on the sidelines of the World … Read more

Generative AI Threatens Google’s Hold On Search Engines, Says Microsoft Boss

Generative AI threatens Google’s position as the world’s dominant search engine, the boss of Microsoft says. Speaking at Chatham House in London before attending the World Economic Forum (WEF) in Davos, Satya Nadella said that generative artificial intelligence would “reset” how information was found and distributed. Generative AI is defined as applications typically built using … Read more

On AI, von der Leyen sees glass half full in Davos – POLITICO

BRUSSELS — After years of talk about regulating artificial intelligence, European Commission President Ursula von der Leyen on Tuesday reiterated that the technology also presents an opportunity. During her special address at the World Economic Future (WEF) in Davos, Switzerland, the Commission chief painted a remarkably starry-eyed tech future. Artificial intelligence and its “adverse outcomes” … Read more

AI takes over WEF’s main area pushing crypto aside

A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan. 14, 2024. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — For the last few years at the World Economic Forum cryptocurrency firms dominated the … Read more

Banking Watchdog Issues AI Warning As World Leaders Gather In Davos

The chairman of the world’s banking watchdog has claimed AI could “change the course of history.” Pablo Hernandez de Cos, who chairs the Basel Committee on Banking Supervision and also serves as the governor of the Bank of Spain, declared the rapid development of the technology could lead to negative ramifications and urged leaders to … Read more

Trump’s ghost stalks Davos – POLITICO

DAVOS, Switzerland — World leaders gathered together in the Swiss Alps this week are nervous that Donald Trump will be even more anti-global if he returns as United States president. And they have good reason to be wary. If polls prove correct, the front-runner for the Republican nomination is set to be crowned winner of the … Read more

Dire warnings and rays of hope from Davos

Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday … Read more

IMF warns AI to hit almost 40% of global employment, worsen inequality

A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan. 14, 2024. The annual Davos gathering of political leaders, top executives and celebrities runs from January 15 to 19. Photographer: Hollie Adams/Bloomberg via Getty Images … Read more