the In the run-up to the World Economic Forum, the on 22. January in the Swiss Davos starts, has admonished the President Brende Børge the world economy to far-sightedness. Currently being in a race on new technologies such as the Blockchain. This is the „new Sputnik Moment“ need a common set of rules for an orderly future of the digital world.
By David Barkhausen
23. January 2019BTC$3.569,42 -0.04%part Facebook Twitter LinkedIn xing mail
The so-called „Sputnik Moment“ marked a historical turning point in post-war history. Seemingly out of nowhere the Soviet Union in 1957, sent the first country in all of their „Sputnik 1“ baptized satellites in the orbit of the earth. Unexpectedly, Moscow proved its technological Superiority. Back then, you got the main geopolitical competitors of the USA, on cold feet. The result: a deep-seated shock.
If this week the heads of the world’s economy to its traditional year, the World Economic Forum (WEF), in Davos, together, are to be avoided, according to its Chairman, Børge Brende, just as a blind spot. Because with digitalization as the fourth industrial Revolution, is currently experiencing a „Sputnik Moment“, he urges us on Monday, may 21. January, to the süddeutsche Zeitung.
„much like the Sputnik at the time, today there is a global race, about Artificial intelligence […] or in the case of the Blockchain technology. Everything changes suddenly, in a frenzied speed,“
so the former Norwegian economic and foreign Minister. In order to draw however, the wild technique in a well-ordered future, it need common „rules for the digital world“. Because technology should be for the mankind „useful“. Rules, such as for a smart traffic, would, in turn, agreed to „multilateral“, i.e., of all the economies together.
global agreements in the crisis – Can Davos help?
That such an agreement comes this week in Davos, to be able to suggest the least bets. Rather, crisis is determined with a view to the global multilateralism continues to be the image. Cross-border populism reigns. Global trade disagreements threaten a flourishing global economy. The world trade organization, the WTO, the godfather of almost all the global agreements, is the shock of globalization.
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For Brende of this barren ground is no reason, however, the tents of the forum cancel.
„If we want to solve the urgent problems of the world, we need to work together. We […] can bring politics, business and civil society together and try to bring about consensus.“
In the same way a effort, is in Davos this Wednesday, the 23. January, then for the second Time also a Panel discussion on the topic of Blockchain on the program. The focus of Distributed Ledger technologies in health care. In the past year, in turn, Geneva had pointed out together with the University of Stanford on the ecological potential of the Blockchain to the rescue of the planet. Also, these results are likely to come at this year’s roundtables.
absence During big jumps in this year, the summit in the book of the Chairman Brende, thus, nevertheless, in the future, and that, despite well-known Cancellations from Washington, Paris and London.