AI takes center stage at 2026 World Economic Forum in Davos

CGTN
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At the 56th World Economic Forum (WEF) Annual Meeting, artificial intelligence (AI) transcended its role as a mere technological trend to dominate discussions as a foundational “super system” – a force fundamentally reshaping the logic of finance, energy, real estate and global governance itself.

Against the backdrop of high-level political engagements, including visits by Chinese Vice Premier He Lifeng and U.S. President Donald Trump, the forum dedicated a key track to exploring how to “deploy innovative technologies at scale and responsibly.” Conversations moved beyond capabilities to grapple with AI’s systemic integration and its profound societal implications.

Industry transformation:

Discussion panels detailed AI’s tangible impact across sectors:

Finance: Leaders highlighted a shift towards intelligent, predictive risk management, with AI enabling real-time systemic analysis and personalized services. BlackRock Chairman Larry Fink pointed to AI’s potential impact on inequality as a defining future challenge.

Energy: The synergy for carbon reduction took center stage. Experts showcased AI’s role in optimizing smart grids and accelerating renewable integration. Aramco CEO Amin Nasser emphasized the endless opportunity, contingent on continuous workforce training.

Real estate: The focus was on digital transformation, using AI for sustainable urban planning, predictive building maintenance, and enhancing energy efficiency at scale.

Collaboration vs. fragmentation

There is an urgent call for global cooperation during the discussions.

Microsoft CEO Satya Nadella stressed the need to use AI for “useful” outcomes that benefit communities and nations, while warning of uneven global deployment due to capital and infrastructure gaps.

Google DeepMind CEO Demis Hassabis advocated for international safety standards, expressing concern that geopolitical and corporate competition was rushing development.

Philosopher Yuval Noah Harari issued a stark warning about AI’s potential for manipulation, urging humility and robust “correction mechanisms.”

China’s stance: Openness and shared opportunity

Amidst these global debates, Chinese Vice Premier He Lifeng, in his special address, positioned China as a partner for collaborative growth.

“China’s development is an opportunity, not a threat,” he stated, emphasizing China’s willingness to leverage its market and share opportunities.

He reaffirmed China’s commitment to widening openness, creating a level playing field, and aligning with high international standards.

Balancing enthusiasm with introspection

The mood in Davos was a mixture of bullish optimism and deep introspection.

While venture capitalist Raj Ganguly expressed confidence that AI would ultimately improve lives, practical challenges remained.

Polls revealed that while many organizations have piloted AI projects, far fewer have successfully scaled them, citing internal adoption hurdles.

Former International Monetary Fund official Gita Gopinath, now at Harvard, voiced a widespread concern: While AI will boost productivity, its translation into sustainable profits in a hyper-competitive landscape is uncertain.

The dialogue in Davos crystallized a global consensus on AI’s super-system potential and the parallel necessity for a framework that ensures its development is safe, equitable and ultimately benefits humanity. The path forward, as debated in the Swiss Alps, hinges on navigating the complex interplay between unprecedented technological power, geopolitical realities and shared human values.

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