Category Archives: "World Economic Forum"
Prepare yourself. Buy physical silver and storable food. A new World Economic Forum study has concluded that robots and artificial intelligence will handle about 52% of current work tasks by the year 2025. That’s almost twice as many as they already currently handle. Although AI is expected to generate about 58 million jobs, it will […]
This article was originally published by Tyler Durden at Zero Hedge One man went to Davos and dared to say what Pepe Escobar thought no one would – that “it’s the inequality, stupid.” Amid all the back-slapping exuberance of record high global stock markets and record high global net worth, John McDonnell, the U.K. opposition Labour Party’s spokesman on […]
Jim Grant, author of Grant’s Interest Rate Observer, first hinted last week that not all is well when it comes to the world’s biggest hedge fund, Ray Dalio’s $160 billion Bridgewater (of which one half is the world’s biggest risk-parity juggernaut). Speaking to Bloomberg last week, Grant said he was “bearish” on Bridgewater because founder […]
Authored by Mike Krieger via Liberty Blitzkrieg blog, Today’s post should be read as Part 3 of my ongoing series about the now infamous Google memo, and what it tells us about where our society is headed if a minority of extremely wealthy and powerful technocratic billionaires are permitted to fully socially engineer our culture […]
Anders Borg, the former Swedish finance minister and current chairman of the World Economic Forum’s Global Financial System Initiative, has stepped down from a second top job after he was forced to apologize for what Bloomberg dubbed “unpleasant” behavior at a party in the Stockholm archipelago. Borg, 49, informed Citi that he will resign from […]
By replacing low-wage cashiers and other retail workers with robots, the retail sector’s struggling companies can engineer a potentially life-saving boost in profits. But as advances in artificial intelligence continue to accelerate, according to the World Economic Forum, large swaths of laborers are going to lose their jobs, leading to unprecedented levels of unemployment. How […]
Mike Novogratz said yesterday that he would be adding if Ether dropped near $200, and as it did overnight, a bid appeared and helped by positive comments in a World Economic Forum whitepaper on "realizing the potential of blockchain," Ethereum has exploded higher, topping $300. Quite a reversal… While the catalyst is unknown, CoinTelegraph […]