Growing concern that heightened geopolitical tension could damage an already shaky global economy has dominated the start of the annual gathering of the world’s business and political elite in Davos, Switzerland. Meanwhile, a study of global business leaders to mark the start of the gathering in the Swiss mountain resort showed UK chief executives embracing generative artificial intelligence more rapidly than their peers in other countries. With Middle East tensions rising, the US is sending its secretary of state, Antony Blinken, and the its national security adviser, Jake Sullivan, to Davos. Only 9% of German chief executives and 20% of French CEOs had adopted GenAI, along with 38% of US CEOs and 25% of China’s CEOs. Kevin Ellis, a senior partner at PwC UK, said: “After an uphill trek against economic headwinds, UK chief execs are seeking gamechanging opportunities.

Source: The Guardian January 16, 2024 01:35 UTC