Despite preceding skepticism and growing public distrust in the effectiveness of discussion platforms, World Economic Forum Annual Meeting in Davos 2018 was big and bold.<\/p>\n
Big<\/strong><\/p>\n Once again WEF Annual Meeting summoned the world\u2019s most influential political and economic leaders, outstanding scholars, social activists and opinion leaders. There were 400 sessions only on the meeting\u2019s official program, this does not include hundreds of events, forums and gatherings around the meeting. Moreover, the town\u2019s main street Promenade was traditionally jam-packed with houses of countries, corporations, NGOs and media outlets from all over the globe.<\/p>\n Bold<\/strong><\/p>\n The global community has now officially acknowledged that: Global income inequality deteriorates<\/strong><\/p>\n – 82% of wealth in 2017 went to the richest 1% of the global population. Don\u2019t write Europe off<\/strong><\/p>\n – By living standards, inclusiveness and economic sustainability small European countries excel, while the rest of the world has to catch up. For example, on the above benchmarks USA ranks 23rd globally, China \u2013 26th, India \u2013 62nd out of 103 countries. The world\u2019s fastest growing economies want further globalization<\/strong><\/p>\n – Indian Prime Minister Narendra Modi, leader of the fastest growing economy and largest democracy in the world, said the country is \u201ccutting the red tape and rolling out the red carpet\u201d to international trade and investment. Love for science and science of love<\/strong><\/p>\n – CERN (European Organization for Nuclear Research) Director General Fabiola Gianotti said \u201cthe passion for knowledge and learning is a shared passion for all of humanity. Scientific knowledge has no passport, no gender and no political party.\u201d First ever Ukraine House in Davos<\/strong><\/p>\n – It was a big success even just because it has finally happened. A national house in Davos is a must-have for any state, let alone for the biggest country in geographical Europe, one of the global leader in IT and agriculture, and a historical geopolitical player. Despite preceding skepticism and growing public distrust in the effectiveness of discussion platforms, World Economic Forum Annual Meeting in Davos…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/posts\/2985"}],"collection":[{"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/comments?post=2985"}],"version-history":[{"count":7,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/posts\/2985\/revisions"}],"predecessor-version":[{"id":2993,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/posts\/2985\/revisions\/2993"}],"wp:attachment":[{"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/media?parent=2985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/categories?post=2985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ufuture.com\/en\/wp-json\/wp\/v2\/tags?post=2985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n– Our civilization is fractured, both ideologically and economically.
\n– Today\u2019s biggest advocates for globalization are not US and Europe.
\n– 4th Industrial Revolution is taking over: we better learn how to coexist with the artificial intelligence, and we better do it fast.<\/p>\n
\n– A new billionaire appears at a rate of one every two days.
\n– Billionaire wealth has risen by an annual average of 13% since 2010 – this huge increase could have ended global extreme poverty seven times over.<\/p>\n
\n– “France is back at the core of Europe” assured President Macron, adding there would never be \u201cany French success without a European success\u201d.
\n– Angela Merkel stated that \u201cisolation and shutting ourselves off will not lead us into a good future. Protectionism is not the answer.\u201d She also reminded that \u201cever since the Roman Empire, ever since the Chinese Wall, we know that shutting ourselves off doesn\u2019t help\u201d.<\/p>\n
\n– India remains the world\u2019s fastest-growing economy in 2018, with a projected growth rate of 7.4%.
\n– Other 2018 projected growth leaders: China – 6.6%, USA – 2.7%.
\n– IMF raised its global growth forecasts for 2018 and 2019 to 3.9%.
\n– About half of the forecast\u2019s increase is attributed to the new US tax package, which is expected to boost growth in the United States through 2020, and have a positive knock-on effect on its trading partners.
\n– “America first does not mean America alone,” US President Donald Trump said in Davos.<\/p>\n
\n– Jack Ma offered a way for humans to beat the age of automation: \u201cIf you don’t want to lose quickly you will need a high IQ, and if you want to be respected you need high LQ: the IQ of love.” He also noted that \u201cthe computer will always be smarter than you are; they never forget; they never get angry. But computers can never be as wise as a man. The AI and robots are going to kill a lot of jobs, because in the future it’ll be done by machines. Service industries offer hope, but they must be done uniquely.”
\n– On the other hand, Google\u2019s chief Sundar Pichai repeated that \u201cartificial intelligence is more important to humanity than fire or electricity.\u201d He said that despite concerns about AI, the potential benefits couldn\u2019t be ignored.<\/p>\n
\n– Ukraine House put together a week-long highly saturated program, mostly dedicated to investment and innovation.
\n– Apart from numerous international celebrities, including Robot Sophia, Ukraine House was endorsed and attended by the most prominent Ukrainians: President Petro Poroshenko, Klitchko brothers, business leaders Viktor Pinchuk (East One Group, Pinchuk Foundation) and Vasyl Khmelnytsky (UFutrue Investment Group).<\/p>\n","protected":false},"excerpt":{"rendered":"