Davos Forum 2024: What was said about AI?
Monday, January 29, 2024
Learn about the most relevant conclusions on the topic of AI at the Davos 2024 World Economic Forum.
What is the Davos Forum?
The World Economic Forum was founded in 1971 by Klaus Schwab, a Swiss-German economist and professor, with the aim of fostering global cooperation on political, social and economic issues.
The goal of this international non-profit organization, whose headquarters are located near Geneva, was to bring together the public and private sectors to find solutions to these global problems, something that remains one of its founding principles and speaks to its declaration of principles: "Committed to improving the state of the world".
It is known as the “Davos Forum” since these meetings are held in this city in Switzerland.
When was the last Davos Forum held?
2024 Davos Forum took place from January 15 to 19. The theme of this edition was: "Rebuilding trust”. The event brought together world, business and social leaders to discuss global challenges such as climate change, security, artificial intelligence and clean technologies.
Among the topics discussed, which were related to technologies and especially artificial intelligence?
Some of the topics related to technologies and artificial intelligence that were discussed at the 2024 Davos Forum were:
1. The governance of artificial intelligence and its impact on the economy, society, security and the environment.
2. The challenges and opportunities of artificial intelligence for the future of work, education, health and innovation.
3. The risks and benefits of artificial intelligence for peace, democracy, human rights and ethics.
What conclusions were obtained regarding the topic: "The governance of artificial intelligence and its impact on the economy, society, security and the environment"?
Some of the conclusions on the topic of artificial intelligence governance and its impact on the economy, society, security and the environment were:
1. A global effort is needed to enable inclusive and equitable access to artificial intelligence, as well as to establish ethical and legal standards that ensure its responsible and beneficial use.
2. Artificial intelligence can accelerate scientific discovery, innovation and economic growth, but it also poses risks to privacy, security, employment and competitiveness.
3. Artificial intelligence can contribute to the solution of global problems, such as climate change, health and education, but it can also generate new challenges, such as polarization, misinformation and inequality.
What conclusions were obtained regarding the topic: "The challenges and opportunities of artificial intelligence for the future of work, education, health and innovation"?
Some of the conclusions on the topic of the challenges and opportunities of artificial intelligence for the future of work, education, health and innovation were:
1. Artificial intelligence can improve the quality and efficiency of public services, such as education and health, but it also requires investment in infrastructure, training and data protection.
2. Artificial intelligence can create new employment and learning opportunities, but it can also displace workers and create skills gaps.
3. Artificial intelligence can drive innovation and competitiveness, but it can also increase dependence on digital platforms and vulnerability to cyberattacks.
What conclusions were obtained regarding the topic: "The risks and benefits of artificial intelligence for peace, democracy, human rights and ethics"?
Some of the conclusions on the topic of the risks and benefits of artificial intelligence for peace, democracy, human rights and ethics were:
1. Artificial intelligence can be a tool to promote peace, democracy and human rights, but it can also be used for malicious purposes, such as manipulation, surveillance, censorship and war.
2. Artificial intelligence raises new ethical and legal dilemmas, such as responsibility, transparency, accountability and data protection.
3. Artificial intelligence requires global and multilateral governance, based on universal values, ethical principles and human rights.
What were the most important points made by Sam Altman in his speech at the Davos 2024 Forum?
1. Generative artificial intelligence is a very powerful and potentially revolutionary tool, but it also has limitations and risks that we cannot predict with certainty.
2. Artificial intelligence can improve productivity, innovation and people's quality of life, but it also requires investment in infrastructure, education and data protection.
3. Artificial intelligence can explain its reasoning in natural language, which can help us understand and trust its decisions, even if we can't see how it works inside.
4. Artificial intelligence will not replace our human care for others, but will allow us to focus on tasks that require creativity, empathy and ethics.
5. Artificial intelligence needs global and multilateral governance, based on universal values, ethical principles and human rights, to ensure its responsible and beneficial use.
What was discussed at the Davos 2024 Forum about the most likely scenarios for jobs and productivity?
1. The COVID-19 pandemic has accelerated digital transformation and automation, implying greater demand for digital skills and greater adaptability of workers.
2. Artificial intelligence can create new employment and learning opportunities, but it can also displace workers and create skills gaps.
3. Education and continuous training are key to improving people's employability and productivity, as well as reducing inequalities and poverty.
4. Cooperation between governments, businesses, unions and educational organizations is necessary to design policies and programs that support the transition to the future of work.
5. Hadi Partovi , founder and CEO of Code.org, noted that “When people think about job losses due to AI, the risk is not that people will lose their jobs due to AI, but it is losing their jobs to another person who knows how to use it. That will be a much larger displacement. It's not that the worker is simply replaced by a robot or a machine in most cases, especially for desk jobs, it's that some better educated or more modern worker can do that job because they can be two or three times more productive".
6. Today's generative intelligence and other technologies could automate work activities that absorb 60 to 70% of employees' time today; which represents a substantial increase in labor productivity throughout the economy, but that will require investments to support workers as they change work or job activity or help them in their process of incorporating AI into their activities.
7. Customer operations, marketing and sales, software engineering and research and development are just some of the areas where it has been observed that Artificial Intelligence can add value. Banking, insurance, high-tech, and life sciences are also among the industries that could see the biggest impact as a percentage of their revenue from generative AI.
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