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AI as a Driving Force for the Economy and Society was a key theme at the World Economic Forum’s Annual Meeting, which took place from 15 to 19 January 2024. Here are some of the key quotes on AI that came up during panel discussions and sessions at Davos: - “We have our own nervousness, but we believe that we can manage through it, and the only way to do that is to put the technology in the hands of people.”- Sam Altman (CEO at OpenAI) - "If we enter into a world where all the banks are using this major technology, are we going to see supercharged herding behaviour? Are we going to see AI bots that are sentiment-driven and feed off each other, and you then end up with much bigger amplitudes in the financial cycle – so big credit booms and busts. I'm not saying it's imminent, but this is something we're paying attention to.“ – Gita Gopinath (IMF First Deputy Managing Director)

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01/02/2024

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