Policy Backgrounder : - Insights from Davos

• Every company with a storefront on the promenade touted the importance of AI and the many discussions underscored the historic and rapid introduction of this technology’s advances—10 times faster than any other previous technology breakthrough. [...] The main theme of the multiple and varied discussions on AI was that this fast-paced adoption and the fear of being left behind are compounding the need for CEOs, their C-suites and policymakers to understand this technology, to join in reskilling a global workforce, and to undertake the very hard task of placing responsible guardrails while not crippling innovation. [...] • Compounding the impact of AI on the global economy is the geopolitical disruption. [...] On the geopolitical front, the return of a large and senior Chinese delegation led by Chinese Premier Li Qiang, was very much welcomed by the Davos participants who were concerned the meetings had been devolving to the West talking to itself. [...] ConferenceBoard.org The Committee for Economic Development (CED) is the public policy center of The Conference Board.