Davos Diary Day 1: AI and Trump’s Reelection Dominate Discussions

Leaders in Davos are buzzing about AI advancements and the implications of Trump’s potential reelection

Davos Diary Day 1: AI and Trump’s Reelection Dominate Discussions
Davos Diary Day 1: AI and Trump’s Reelection Dominate Discussions

Davos: The World Economic Forum is kicking off in Davos, Switzerland, and it’s already buzzing with excitement. Tech and business leaders are gathering to chat about big topics like AI and Donald Trump’s presidency.

Even though the main event doesn’t start until later, folks are already sharing their thoughts. AI is a hot topic, and many are curious about what it really means for businesses. Mihir Shukla, the CEO of Automation Anywhere, mentioned that while AI is cool, the real question is how to find value in it. He shared a fun story about an AI agent his company created that could analyze financial data better than some seasoned pros. They even gave it a seat at the boardroom table!

But it’s not all smooth sailing. Raj Sharma from EY pointed out that companies are rethinking how they charge for AI services. Instead of billing by the hour, they’re considering a model where clients pay based on results. It’s a big shift, and they’re figuring out who gets credit for the AI’s work.

The weather in Davos is surprisingly mild this week, with temperatures in the 30s. No snow means the usual “suits and boots” look might not be necessary. Meanwhile, back in the US, the East Coast is facing some serious cold and snow.

As I strolled down the Promenade, I noticed more emerging economies making their presence felt this year. Countries like Brazil, Indonesia, and Korea are setting up their own spots, eager to share their voices. A lot of chatter revolves around Trump’s potential reelection and its impact on the developing world. With so much at stake, leaders here are not just observing; they’re planning their next moves.

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