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Quotes from Klaus Schwab

We will see how contact tracing has an unequalled capacity and a quasi-essential place in the armoury needed to combat COVID-19, while at the same time being positioned to become an enabler of mass surveillance.
~ Klaus Schwab
In all moments of major technological change, people, companies, and institutions feel the depth of the change, but they are often overwhelmed by it, out of sheer ignorance of its effects.
~ Klaus Schwab
Businesses, industries and corporations will face continuous Darwinian pressures and as such, the philosophy of "always in beta" (always evolving) will become more prevalent. This suggests that the global number of entrepreneurs and intrapreneurs (enterprising company managers) will increase. Small and medium-sized enterprises will have the advantages of speed and the agility needed to deal with disruption and innovation.
~ Klaus Schwab
During the lockdowns, a quasi-global relaxation of regulations that had previously hampered progress in domains where the technology had been available for years suddenly happened because there was no better or other choice available.
~ Klaus Schwab
Now, faced with a combination of increased complexity and hyper-specialization, we are at a point where the desire for purposeful engagement is becoming a major issue.
~ Klaus Schwab
we are at the threshold of a radical systemic change that requires human beings to adapt continuously. As a result, we may witness an increasing degree of polarization in the world, marked by those who embrace change versus those who resist it.
~ Klaus Schwab
As media strategist Tom Goodwin wrote in a TechCrunch article in March 2015: "Uber, the world's largest taxi company, owns no vehicles. Facebook, the world's most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world's largest accommodation provider, owns no real estate."9
~ Klaus Schwab
What matters to African Americans is their situation today, not how much their condition has "improved" compared to 150 years ago when many of their ancestors lived in slavery
~ Klaus Schwab
Two points are pertinent to the Great Reset in this: 1) our human actions and reactions are not rooted in statistical data but are determined instead by emotions and sentiments – narratives drive our behaviour; and 2) as our human condition improves, our standards of living increase and so do our expectations for a better and fairer life.
~ Klaus Schwab
In the automotive realm, a car is now a computer on wheels, with electronics representing roughly 40% of the cost of a car.
~ Klaus Schwab
fighting a pandemic does not require a substantial change of the underlying socio-economic model and of our consumption habits. Fighting environmental risks does.
~ Klaus Schwab
strategies which primarily focus on reducing costs will be less effective than those which are based on offering products and services in more innovative ways. As we see today, established companies are being put under extreme pressure by emerging disruptors and innovators from other industries and countries. The same could be said for countries that do not recognize the need to focus on building their innovation ecosystems accordingly.
~ Klaus Schwab
Boundaries between sectors and professions are artificial and are proving to be increasingly counterproductive. More than ever, it is essential to dissolve these barriers by engaging the power of networks to forge effective partnerships.
~ Klaus Schwab
that business, like other stakeholders in society, had a role to play in creating and sustaining shared prosperity. The best way to do so, I came to think, was for companies to adopt a stakeholder model, in which they served society in addition to their shareholders.
~ Klaus Schwab
They will also agree with Winston Churchill, who once observed that the US has an innate capability to learn from its mistakes when he remarked that the US always did the right thing when all the alternatives have been exhausted.
~ Klaus Schwab
Outright collapse is not an outlandish scenario for petrostates like Ecuador or Venezuela, where the virus could overwhelm the countries' few functioning hospitals very quickly.
~ Klaus Schwab
the second machine age"2
~ Klaus Schwab
As in previous industrial revolutions, regulation will play a decisive role in the adaptation and diffusion of new technologies. However, governments will be forced to change their approach when it comes to the creation, revision and enforcement of regulation. In the "old world," decision makers had enough time to study a specific issue and then create the necessary response or appropriate regulatory framework.
~ Klaus Schwab
in June 2020, researchers Supriya Garikipati (University of Liverpool) and Uma Kambhampati (University of Reading) confirmed the finding statistically,12 arguing that female-led countries, such as Germany, Denmark, Finland, Iceland, and indeed New Zealand, did better than most in responding to the pandemic.
~ Klaus Schwab
while AI is busy improving itself, robotics' industry spending is set to exceed $135 billion in 2019, nearly double its 2015 figure.[132] Not only will vehicles lose their drivers, the vehicles themselves are likely to be built by robots, especially since the automotive industry is the number one buyer of automated robots
~ Klaus Schwab
We have all been reminded of our innate human fragility, our frailties and our flaws. This realization combined with the stress engendered by the lockdowns and the concurrent deep sense of uncertainty about what is coming next could, albeit surreptitiously, change us and the way we relate to other people and to our world. For some, what starts as a change may end up as an individual reset.
~ Klaus Schwab
All strategies to address global climate change require large-scale interventions to have anything more than short-term local effects. Even massive reforestation might not offset the ongoing yearly deforestation in the Amazon and elsewhere.
~ Klaus Schwab
AI, robots and humans work better when they work together. Human chess players in collaboration with AI chess programmes consistently beat both other humans and other computers working on their own.
~ Klaus Schwab
blockchain technology records financial transactions made with digital currencies such as Bitcoin, it will in the future serve as a registrar for things as different as birth and death certificates, titles of ownership, marriage licenses, educational degrees, insurance claims, medical procedures and votes
~ Klaus Schwab