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Davos explores a new win-win model under the technological revolution
Source: | Author:pro44a8b7 | Publish time: 2019-06-27 | 90 Views | Share:
The 13th Annual Meeting of the New Champions of the World Economic Forum kicked off in Dalian on the 1st. In a number of forums and conferences, the participants discussed the theme of “Leadership 4.0:
The 13th Annual Meeting of the New Champions of the World Economic Forum kicked off in Dalian on the 1st. In a number of forums and conferences, the participants discussed the theme of “Leadership 4.0: The Success of the New Era of Globalization” and explored how to jointly meet opportunities, meet challenges and establish cooperation in the context of the scientific and technological revolution. A new model of mutual benefit.


Work together to meet technology challenges


At this summer's Davos Forum, discussions among the parties on the technological innovation to change the global economy and industrial development are still enthusiastic. Many experts and scholars have pointed out that technological innovation is helping to reduce costs, promote investment, and provide economic opportunities for new fields and social groups. However, experts and scholars are paying more attention to the challenges brought about by technological innovation. While technological innovation has changed various industries, it has also brought about many social problems. First, data security and market concentration, which will aggravate social inequality. There is an urgent need to tighten supervision.


In the Davos Forum in January this year, participants suggested that the global institutions responsible for technology governance need to be established, and if the governance is wrong, it will have serious consequences. For example, by 2030, the economic output value of artificial intelligence is expected to reach 15 trillion US dollars, but artificial intelligence technology is only in the hands of several major companies around the world, and it is easy to aggravate social inequality.


In this summer discussion of Davos' “Developing the Power of Technology”, all parties discussed how to adjust regulatory measures to avoid or reduce technological monopoly and unfair competition caused by the expansion of large-scale technology giants in the new era of technological development. The problem is to avoid harm to consumers and SMEs.


Arun Sundararajan, a business professor at the Stern School of Business at New York University, said that technology monopolies are different from monopolies in traditional industries such as oil companies, and they have new characteristics. Therefore, new regulatory measures must be taken to deal with them. In the past, once the size of the company was too large to form a monopoly, it needed to be split. But for the technology giant, its mode of operation determined that the spin-off would be unfavorable to consumers and could not solve the monopoly problem. He believes that the regulator's response needs to be changed to allow such a monopoly to exist, but to conduct reasonable supervision to protect smaller and innovative companies will not be copied and eliminated by these large enterprises.


Chen Xiaohua, CEO of Home Group, believes that one of the characteristics of the current technological revolution is the emergence of a large number of platforms based on digital connections. Interconnection will create many platforms in the digital age. However, the current taxation, supervision and other systems are the products of the industrialization era, and the whole society needs to be improved to adapt to the reality.


Chen Xinying, co-CEO of Ping An Group and chairman of Ping An Technology, said that traditional enterprises need to transform into technology enterprises in the era of technological development. They need to use new technologies to connect consumers and provide consumers with more comprehensive and professional services. Regarding how to create a level playing field for enterprise development, Chen Xinying believes that in the new era, attention should be paid to the intangible assets of data, relevant laws and regulations should be established for protection, and relevant activities should be licensed.


Strengthen cooperation into consensus


More sustainable and inclusive development is still the focus of attention this summer Davos.


Although the international community has signed the Paris Agreement, the Earth's temperature is still rising steadily and will be 3 degrees Celsius higher than the industrial age. According to World Bank statistics, this will offset 25% of the world's gross domestic product (GDP).


At the same time, despite the rapid growth of global GDP since 1990, the problem of inequality has intensified. The data shows that the ratio of CEO to general worker income has risen from 30:1 in 1978 to over 300:1. There are still 800 million people living in extreme poverty worldwide, and in sub-Saharan Africa, the number of extremely poor people is increasing.


Japan's Fukushima Prefecture Mayo Uchibori said in the forum that the development of electric vehicles and renewable energy is currently occupying a very important position in Japan and is being promoted in many places in Japan. The vigorous development of electric vehicles not only stops at the car itself, but also drives the development of many other fields. For example, industries such as automotive battery recycling have great potential for development in the future. At the same time, electric vehicles are not only a means of transportation, but also a tool to bring more enjoyment to people in the future, such as developing their functions of energy storage, storage, intelligent interconnection, and shopping.


Zhang Lei, founder and CEO of Vision Group, said that the development potential of battery recycling is huge, not only high profits, but also an important part of achieving sustainable development.


Multilateral cooperation to resolve disputes


Global trade frictions have intensified, geopolitical tensions in the Middle East, unilateralism and protectionism have risen, global economic growth has slowed... In the context of these global challenges, the parties are increasingly convinced that international collaborative decision-making is imperative.


According to a global opinion poll conducted by the World Economic Forum at the beginning of the year, the global public recognizes and supports the key principles of the multilateral system, strongly supports open cooperation, believes that international cooperation is very important, and opposes the pursuit of national progress as a zero-sum game, and most People think that immigrants as a whole are beneficial to the development of the country of residence.


The current global trade tensions are a major focus of the summer Davos participants. Many viewpoints point out that trade frictions are a drag on world economic growth and should be resolved within the framework of multilateralism.


Yi Xiaozhun, deputy director general of the World Trade Organization, said that the trade war has adversely affected emerging economies, the world economy has slowed down, and investment confidence has been hit, and global supply chains have also been affected. If member states believe that they have been treated unfairly, they should solve the problem through multilateral mechanisms.


Mari Elka Pangestu, professor of international economics at the University of Indonesia, said that trade disputes are an important factor leading to a slowdown in economic growth, and uncertainty has had a huge negative impact on investment. Tariff measures will also affect the US economy, and finally consumers will bear the cost increase.


She said that trade is not only a tariff and a deficit, but also a deep problem of technology. The issue of trade friction should be solved by multilateral mechanisms rather than unilaterally. Multilateral consultations are a trend, and some negotiations, including the Regional Comprehensive Economic Partnership (RCEP), are actively being promoted, and regional cooperation is becoming more open.