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World Economic Forum 2007

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Davos07: Where will power lie?

  • Richard Sambrook
  • 22 Jan 07, 06:17 PM

The theme of this year's World Economic Forum is "" - a reflection of the strong forces of change politicians and business leaders feel they are dealing with. Looking at the sessions at the conference it seems to break down into three areas:

1: , where new internet applications and particularly will be heavily picked over. In past years there has been a cry of despair at the way the internet is disrupting traditional businesses but not yet providing a relaible source of revenue for them. This year, with stronger advertising revenue's online, the mood may be more constructive. Certainly the internet entrepreneurs and innovators are well represented among the delegates.

2: and the rise of and in particular. As more of the world economy is driven by Chinese investment and as India moves beyond providing out-sourced business processing into professional services, what will be the consequences for other countries? There seems also to be a theme around the current inadequacy of global institutions to take account of the rising economic power of the east as well as the more familiar problems of how to deal with rogue states.

3. and its consequences. What should businesses around the world be doing in response to the growing evidence of climate change? We have a special live and 91热爆 World Service from the conference hall on Friday. I also expect the relationship between climate change, energy supply and security to surface in a number of sessions - exploring the kinds of tensions recently seen between .

I will be talking at a session looking at the future of journalism with, among others, the editor of the New York Times and the head of Al Jazeera. But of course the real interest at Davos comes from the unscripted and unexpected moments produced when this unique mix of delegates gathers together informally. Watch this space.

Comments   Post your comment

  • 1.
  • At 10:23 PM on 22 Jan 2007,
  • edward fitzgerald wrote:

Globalism is destroying Smithian Capitalism. And isn't history interesting again? Let me call attention to the brilliance of Chinese
capitalist yet they accept the need for minders this because the have experienced the cyclical end times of a capitalist period,i.e.,the rise of pure finance and the encouregment of debt.

I certainly hope that there will be much to be attained in this Forum. I've watched previous ones. It's like an assembly of experts listening to ordinary people's concerns of the world around them, ending in the hope of listening to them in the next Forum. Vicious cycle.

Problems are identified, the question is, what to do about them? Experts offer their views. How about implementation, if there's any?

Be reading.

As you'll actually be on the journalism panel - the one I am most interested in - and therefore won't be able to blog it, could you or Tim point us to blogs that will cover it. I will be following

and the Davos Conversation Page

Both of which I assume will do stuff. But if you can dig out any other good folk to follow that'd be great. Also, if there's any video you pick up on, please link out to it.

I think power is shifting to China and India. This shift is positive. I welcome it.

Why do we listen to world business leaders when their purpose in the Davos talks is self-serving? Since when has the discussion of business activity and economics been a prefereable substitute for representative democracy in which you and I discuss the issues rather than listening to power speak?

We vote for people to represent us and make decisions in our parliaments. Each of the 'business leaders' at Davos (hopefully) has only one vote - so the opinions of the rest of us far outweigh any value in their expensively developed soundbites.

Business is parasitic and it has forced on us most of the ills in our world. Although business people would argue that what they have provide us with has been beneficial it has nevertheless been forced on us by inventing norms and markets which are used to tell us that 'the people want it'. Their ideology is, in the face of global warming and resource depletion, as defunct as any religion. At Davos they are trying to continue to influence the population - for their own selfish ends.

What we need is a global meeting of NGO's and politicians in order to counter the exploitative and rapacious threat that the business paradigm and ideology presents to our planet.

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