"How times have changed.For most of the past quarter century, the worldview symbolized by the World Economic Forum - of ever-freer world trade and closer ties between countries - had dominated. "The losers have been somewhat silent, but now are starting to express themselves through the ballot box and through the political process. Lodging during high-rent Davos week, however, is another matter.Although Davos is seen as a redoubt for global elites, populists have come, too. The World Economic Forum is focusing on what it calls the "Fourth Industrial Revolution" - a series of rapid advances in technology and medicine expected to transform society. Advances in robotics and artificial intelligence could further threaten jobs and feed the populist revolt.

Source: Economic Times January 20, 2019 10:41 UTC