<p>Speaking at the World Economic Forum, Sundar Pichai, CEO, Google and Alphabet in the session 'An Insight, An Idea' , talks about the power of technology, technological innovation and being a 'technology optimistic' himself. Highlighting Artificial Intelligence, he says that the real potential of AI is yet to be discovered and that we are still at a very early stage of AI. It will take about 10-15 years for AI to finally come into play and solve problems of the future. </p><p><a target="_blank" href="https://www.businesstoday.in/videos/wef-2020/quantum-computing-and-ai-can-solve-the-biggest-problems-sundar-pichai/394437.html">Also Watch: Quantum computing and AI can solve the biggest problems: Sundar Pichai</a> </p>
<p>The responsibility of skilling, reskilling, and upskilling the workforce in the post-pandemic world lies not just with governments but employees and companies as well. The World Economic Forum's Future of Jobs Report 2020 states that 43 per cent of the businesses surveyed are set to reduce their workforce, and 34 percent plan to expand their workforce due to technology integration. Watch as experts like Salil Parekh, Guy Ryder, Director-General of ILO and others discuss how businesses and governments can collaborate to retrain workers and redeploy them for jobs of the future.</p><p>Also Read: <a mce_href="https://www.businesstoday.in/current/economy-politics/economic-survey-2020-21-higher-gdp-lower-interest-rates-counterbalance-rising-public-debt/story/429512.html" target="_blank" href="https://www.businesstoday.in/current/economy-politics/economic-survey-2020-21-higher-gdp-lower-interest-rates-counterbalance-rising-public-debt/story/429512.html">Economic Survey 2020-21: Higher GDP, lower interest rates counterbalance rising public debt</a> </p>
<p>Speaking at a session on 'Restoring Cross-Border Mobility' at the World Economic Forum's online Davos Agenda Summit, Dr Harsh Vardhan, Minister of Health and Family Welfare, Science and Technology, said the COVID-19 pandemic has gravely wounded the world economy with serious consequences, impacting individuals and communities across the world. Watch the video as he talks about ways to solve cross-border mobility challenges and why it will require co-operation between the health sector as well as aviation, travel and tourism sectors and stakeholders to make it possible.</p><p><a mce_href="https://www.businesstoday.in/union-budget-2021/news/covid-cess--india-10th--could-grow-cess-revenue-to-over-rs-3-lakh-crore/story/429383.html" target="_blank" href="https://www.businesstoday.in/union-budget-2021/news/covid-cess--india-10th--could-grow-cess-revenue-to-over-rs-3-lakh-crore/story/429383.html">Covid cess--India's 10th--could grow cess revenue to over Rs 3 lakh crore</a> </p>
<p>Prime Minister Narendra Modi on Thursday said that India not only managed to beat the COVID-19 crisis, but also helped over 150 countries in the process. Addressing the World Economic Forum's Davos Dialogue via video conference, PM Modi said that at the beginning of the pandemic, global experts had predicted that India would face a tsunami of coronavirus cases, but with the use of public participation and technology for testing and tracking, the country was able to turn the fight against COVID-19 into a mass movement. Watch the video for more.</p><p>Also Read: <a mce_href="https://www.businesstoday.in/current/economy-politics/wef-davos-agenda-india-will-supply-many-more-covid19-vaccines-to-world-says-pm-modi/story/429419.html" target="_blank" href="https://www.businesstoday.in/current/economy-politics/wef-davos-agenda-india-will-supply-many-more-covid19-vaccines-to-world-says-pm-modi/story/429419.html">WEF Davos Agenda: India will supply many more COVID-19 vaccines to world, says PM Modi</a> </p>
WEF 2021: Dharmendra Pradhan says it's been policy of government to focus on reskilling and upskilling; Infosys CEO Salil Parekh says Indian tech major is making sure it's doing its bit by offering its new skilling platform to be used by all its workers and students across India
Over 400 top industry leaders from across the globe will attend the session, where the PM Modi will talk about the 'Fourth Industrial Revolution - using technology for the good of humanity'
Virtual WEF 2021: What does the meet aim to achieve this year?
<p>Gita Gopinath, Chief Economist, IMF projected an increased global growth of 5.5 per cent in 2021, during a press briefing on Tuesday. Gopinath credited the global economic growth to the successful vaccination drives and additional policy support in countries like the United States and Japan. However, she added that slow vaccine rollout, virus mutations and premature withdrawal of policy support could worsen the outcomes. Watch the video for more.</p><p>Also Read: <a mce_href="https://www.businesstoday.in/current/world/microsoft-cofounder-turned-philanthropist-bill-gates-outlines-plan-to-stop-the-next-pandemic/story/429270.html" target="_blank" href="https://www.businesstoday.in/current/world/microsoft-cofounder-turned-philanthropist-bill-gates-outlines-plan-to-stop-the-next-pandemic/story/429270.html">Bill Gates draws strategy to stop the next pandemic</a> </p>
In lieu of the meeting, it would host virtual 'high-level' discussions the week of January 25, WEF said, adding it would share dates and location of the rescheduled meeting once it was assured of health and safety conditions
Surveys of nearly 300 global companies found four out of five business executives were accelerating plans to digitise work and deploy new technologies, undoing employment gains made since the financial crisis of 2007-8
The 50th annual meeting, held in January 2020, was the last major global event before almost the entire world got locked down due to the coronavirus pandemic
Schwab, who founded WEF over 50 years ago, said COVID-19 is the most devastating and immediate crisis the world is facing, but we are equally going through the worst environmental crisis in human history as well
The Davos Agenda Summit will be held from January 25-29, with several heads of state scheduled to deliver special addresses and engage with business leaders
WEF warns that risks of job losses, a widening digital divide, disrupted social interactions, and abrupt shifts in markets could lead to dire consequences and lost opportunities for large parts of the global population
PM Modi will address the meeting virtually on January 28. The other high-profile leaders who have signed up for the virtual session at 51st WEF includes, Nitin Gadkari, Piyush Goyal, Dharmendra Pradhan, Narendra Singh Tomar, and Smriti Irani
In the "Restoring Economic Growth (Option 1)" session, the textile minister said that despite initial fears about the scale of the pandemic making it difficult to coordinate responses, India is proof that when government and citizens come together, much can be done
Speaking at the World Economic Forum's virtual Davos Agenda Summit, Jinping warned against cold war and "misguided approach" of antagonism and confrontation.
While speaking at a panel discussion on 'Implementing Stakeholder Capitalism' at the World Economic Forum's virtual Davos Agenda Summit, the Mumbai-based business magnate said it is in everyone's interest to grow businesses in a sustainable manner
The UK mutant coronavirus strain was identified by scientists in September which was a month before the South African appeared to have developed, South African Health Minister Zweli Mkhize said
Indian business leaders at Davos say they expect the economy to recover in two to three quarters
De-growth is expected to come down to low single digits in Q4 FY20, and Q2 FY21 is when we start seeing growth, said Mahindra and Mahindra Managing Director Pawan Goenka
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