The billionaire masters of Planet Earth and their pet politicians are in Davos this week for the 46th World Economic Forum. The US is sending a high-powered team led by Joe Biden, John Kerry, Kevin Spacey, will.i.am, and Leonardo DiCaprio. You can join them for a mere $31,473 a ticket, if you’ve paid your $50,000 WEF dues. Hotel, dining, and valet parking are extra. Gatecrashers and the improperly dressed will be politely turned away by police and 5,000 Swiss soldiers.
The Forum is going to be really inconvenient this year due to security concerns. You’ll have to land your private jet at Dübendorf military airbase and get to Davos by limo, helicopter, or horse-drawn carriage.
This year’s agenda will focus on Industry 4.0, aka “The Fourth Industrial Revolution … the fusion of technologies across the physical, digital and biological worlds which is creating entirely new capabilities”and replacing laborers with robot employees. Naturally, Forum members want to speed up that process. And WEF is concerned about women, too, and that’s why this year almost 20% of Davos attendees are women. Progress!
“62 People Own Half the World’s Wealth, Oxfam Says Ahead of World Economic Forum,” Pan Pylas, NBC New York
“Get a grip on inequality, leaders urged in run-up to World Economic Forum,” AP via Chicago Tribune
“The 2016 World Economic Forum Misfires With Its Fourth Industrial Revolution Theme,” Jeremy Rifkin, Huffington Post
“Davos Robot Eclipses Davos Man as Gloom Descends on World Elite,” Simon Kennedy, Matthew Campbell, The Guardian
“Industry 4.0 to be huge job killer,” Deutsche Welle
“Robots put five million jobs at risk,” SwissInfo.ch
“Report from Davos: ‘Men still run the world—and it’s not going that well,’” Jenny Anderson, Quartz
“The failure of Davos,” Felix Salmon, Fusion
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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com
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