AI was a significant topic at Davos, with discussions on its future impact on leadership and work. Salesforce CEO Marc Benioff suggested that current executives might be the last to manage only human workers, while Pope Francis expressed concerns about AI's influence on truth in public discourse. NATO chief Mark Rutte supported Trump's stance on Russia sanctions, urging Europe to take similar actions. WTO chief Ngozi Okonjo-Iweala cautioned against overreacting to tariff threats, emphasizing the resilience of global trade. The newsletter concludes with a reminder of the ongoing discussions at Davos.
Key takeaways:
- Trump announced a $500 billion AI infrastructure project called "Stargate" with Oracle, SoftBank, and OpenAI, and plans to ask Saudi Arabia to invest up to $1 trillion.
- Trump proposed increasing NATO members' defense spending requirements to 5% of GDP and criticized the European Union for being unfair to the U.S.
- AI was a major focus at Davos, with discussions on its impact on future leadership and concerns about its influence on public discourse.
- NATO chief Mark Rutte supported Trump's stance on imposing tariffs and sanctions on Russia to end the war against Ukraine, while WTO chief Ngozi Okonjo-Iweala cautioned against tariff retaliation.