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" I like, very much, nature. Since I'm always together with people, I like to retreat. "
Klaus Schwab
Always
Like
Nature
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" I am an enthusiastic European, and my first-hand experience of war and hatred has strengthened that conviction. I have seen how misguided unilateral nationalistic identities have brought destruction and death. I am, however, a world citizen, too. "
Klaus Schwab
War
World
Death
" Of all the many leaders I have met in the course of my life, none made a deeper impression on me than Nelson Mandela. His courage, compassion, humility and wisdom were without parallel on the world stage, and he himself was an enduring source of inspiration. "
Klaus Schwab
Courage
Wisdom
World
" The concept of corporate social responsibility (CSR) has long been used as an effective lens through which to examine the actions business can take toward ensuring mutual long-term well-being and sustainability. "
Klaus Schwab
Lens
Responsibility
Business
" When you can't cope with change, you feel overwhelmed, and you look for a simple solution. "
Klaus Schwab
Feel
Cope
Change
" For many years prior to the 1990s, European integration was embraced and supported by a large majority of citizens. A united Europe, bound by commonly-held democratic values, was perceived as an essential and effective buffer against the Soviet empire. A united Europe made a repeat of the First and Second World Wars almost unthinkable. "
Klaus Schwab
Years
World
Empire
" As the novelty of wearable tech gives way to necessity - and, later, as wearable tech becomes embedded tech - will we be deprived of the chance to pause, reflect, and engage in meaningful, substantive conversations? How will our inner lives and ties to those around us change? "
Klaus Schwab
Us
Chance
Change
" New technologies and approaches are merging the physical, digital, and biological worlds in ways that will fundamentally transform humankind. The extent to which that transformation is positive will depend on how we navigate the risks and opportunities that arise along the way. "
Klaus Schwab
Digital
Opportunities
Positive
" Environmental pollution, terrorism, and many other global threats do not stop at borders. We all bear global responsibility and thus need a global identity to enable us to cope with them. We must learn to integrate different levels of identity in ourselves. What matters is not either/or, but both/and. "
Klaus Schwab
Responsibility
Environmental
Identity
" I am a great enthusiast and early adopter of technology, but sometimes I wonder whether the inexorable integration of technology in our lives could diminish some of our quintessential human capacities, such as compassion and cooperation. "
Klaus Schwab
Technology
Compassion
Great
" Europe has never had a single or unified voice in world affairs: a common foreign policy. It has often appeared to be rudderless and unable to make quick decisions when faced with economic crises, presenting instead an image of division and hopelessness. "
Klaus Schwab
Voice
World
Decisions
" Of course, some people call me one of the most well-networked people in the world, but I am a very unsocial person - I never go to a cocktail party; I am never seen at a charity event. I have one exception: I'm a member of the board for one of the big European music festivals, so I participate, with pleasure, in concerts. "
Klaus Schwab
I Am
Charity
Me
" Business cycles naturally entail peaks and troughs in employment, and socially responsible businesses should follow successful examples like Coca-Cola, Alcoa, Saudi Aramco, Africa Rainbow Minerals, and Google in working toward mitigating joblessness and enhancing people's abilities to earn a livelihood. "
Klaus Schwab
People
Rainbow
Business
" Europe has grown to 27 member states, encompassing an amazing diversity and richness. Some argue this is part of the problem: Europe is simply too big and culturally disparate to be managed properly. But look to India for an example of how social unity can be forged within a culturally, linguistically, and ethnically complex nation. "
Klaus Schwab
Problem
Amazing
Diversity
" Profitability, growth, and safeguards against existential risks are crucial to strengthening a company's long-term prospects. But if these three factors constitute a company's 'hard power,' firms also need 'soft power': public trust and acceptance, won by fulfilling a company's social responsibility. "
Klaus Schwab
Power
Responsibility
Growth
" When the World Economic Forum was established in 1971, the global population was four billion, of which 50% lived in poverty. "
Klaus Schwab
Economic
World
Poverty
" We are now living in a completely digitalized world and a completely globalized world, so we have to find some new mechanisms and values to deal with this post-digitalized and post-globalized world. "
Klaus Schwab
Now
Living
Find
" An overwhelming number of economists, international civil servants, and policy-makers argue that a fragmentation of the Eurozone would cause a new depression and massive wealth destruction around the world. It would also end the period of economic integration that has characterized world politics since the end of the Cold War. "
Klaus Schwab
World
End
Depression
" Technological change is never an isolated phenomenon. This revolution takes place inside a complex ecosystem which comprises business, governmental and societal dimensions. To make a country fit for the new type of innovation-driven competition, the whole ecosystem has to be considered. "
Klaus Schwab
Change
Place
Business
" As the physical, digital, and biological worlds continue to converge, new technologies and platforms will increasingly enable citizens to engage with governments, voice their opinions, coordinate their efforts, and even circumvent the supervision of public authorities. "
Klaus Schwab
Digital
Opinions
Supervision
" The Millennials, a generation born digital, will have a much stronger impact on social behaviour than we currently assume. Global climate change and resource security will influence our lives in substantial ways. "
Klaus Schwab
Change
Impact
Influence
" Change can be frightening, and the temptation is often to resist it. But change almost always provides opportunities - to learn new things, to rethink tired processes, and to improve the way we work. "
Klaus Schwab
Learn
Tired
Work
" Diversity does not preclude political stability. "
Klaus Schwab
Stability
Does
Political
" Receiving an economic boost from the digital era is not a luxury - it is essential to ensuring that Europe continues to grow and deliver levels of prosperity that meet the rising expectations of its citizens. "
Klaus Schwab
Rising
Luxury
Meet
" We often hear people talk about the concept of 'uberization,' where a new technology completely turns an industry on its head and forces us to rethink the way things have always been done. No industry will remain untouched by these forces. "
Klaus Schwab
Technology
Always
Talk
" Technology is going to revolutionize almost every sector, leading to the demise of many traditional professions. Economic and political power will be determined less by a country's size than by its technological superiority. "
Klaus Schwab
Country
Power
Technology
" A winner-takes-all economy that offers only limited access to the middle class is a recipe for democratic malaise and dereliction. "
Klaus Schwab
Economy
Middle
Only
" The Fourth Industrial Revolution can compromise humanity's traditional sources of meaning - work, community, family, and identity - or it can lift humanity into a new collective and moral consciousness based on a sense of shared destiny. The choice is ours. "
Klaus Schwab
Community
Identity
Work
" Of course, technology is not an exogenous force over which humans have no control. We are not constrained by a binary choice between acceptance and rejection. Rather, the decisions we make every day as citizens, consumers, and investors guide technological progress. "
Klaus Schwab
Decisions
Day
Technology
" One new reality is global interconnectivity and the fact that all challenges must be addressed on the basis of 'togetherness.' Thus the most crucial factor in accepting the new reality and confronting its opportunities and risks is our willingness to develop shared norms on all levels. "
Klaus Schwab
Risks
New
Challenges
" We must address, individually and collectively, moral and ethical issues raised by cutting-edge research in artificial intelligence and biotechnology, which will enable significant life extension, designer babies, and memory extraction. "
Klaus Schwab
Life
Research
Intelligence