IBM is moving to turn over as many as 7,800 jobs to artificial intelligence, Chair and CEO Arvind Krishna said in an interview Monday. The warnings about AI being used to replace human job holders have been growing especially since the rise of the very popular ChatGPT and other tools.
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By Julia Horowitz, CNN Business Wealth taxes are never a popular rallying cry at Davos, a playground for billionaires, corporate titans and top politicians. But Gabriela Bucher, the executive director of Oxfam International, was still frustrated that this week’s World Economic Forum mostly looked the other way. High energy...
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Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam. That means a new billionaire was minted about every 30 hours, on average, so far during the pandemic.
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Davos — the hub of an elite annual gathering in the Swiss Alps — is back, more than two years after the coronavirus pandemic kept its business gurus, political leaders and high-minded activists away. There’s no shortage of urgent issues for the World Economic Forum’s annual meeting to tackle.
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Bank tellers are out and robotics engineers are in, according to a new report that says the coronavirus recession is accelerating technological changes that could displace 85 million jobs within the next five years. Here’s a look at a new World Economic Forum report.
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A prolonged recession is the biggest worry for company executives as they contemplate the fallout from the coronavirus pandemic. But there’s plenty more keeping them awake at night.
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The United States is falling behind other countries in the race to transition to a clean energy future, according to a report released Wednesday by the World Economic Forum. Here are the details + three graphics from the report.
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Of the 149 countries ranked, the United States ranked No. 53 and a score of 72.4% (out of 100), meaning it has now closed that percentage of its gender gap. Canada, also considered part of the same region, only faired slightly better with a score of 77.2%.
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It will take 99.5 years to close the gender gap. That’s an improvement on 2018 when the gap was calculated to take 108 years to close, according to the World Economic Forum’s Global Gender Gap Report 2020,
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