Borg Brende, the president and CEO of the World Economic Forum, emphasized that the world is currently navigating a period characterized by significant complexity and greater opportunities. He noted that technology has transitioned from merely being a tool to becoming the very system we inhabit, influencing how we work, communicate, and govern.
During his address at the annual meetings of the Global Future Councils and Cybersecurity, Brende highlighted that the digital economy now accounts for 15% of the global GDP, equating to approximately $16 trillion. He projected that this figure could potentially double by 2030, driven by major shifts led by artificial intelligence and automation.
Brende also warned about the rising threats of cybercrime, stating that these criminal activities drained nearly trillions of dollars from the global economy just in the past year.
He elaborated on the necessity of enhancing global cooperation and dialogue, asserting that “dialogue is the first line of defense in the digital age.” The upcoming Davos meeting is set to take place under the theme “Spirit of Dialogue,” highlighting the importance of communication among nations and sectors to foster a safer and more inclusive future.
In conclusion, he praised the United Arab Emirates, recognizing Dubai as a representation of what can be achieved through dialogue, innovation, and a shared global vision. He called for the discussions at this meeting to serve as a foundation for a more interconnected and secure digital world.