Geopolitics & AI Intersect To Create New Challenges
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opening NOTE
Ravin Jesuthasan, CFA, FRSA from WEF Davos 2025
Dear Friends
As I leave Davos after what has been one of the more memorable Annual Meetings of the World Economic Forum, I am torn between competing emotions. On the one hand, there was much concern about the geopolitical implications of recent and upcoming elections and the potential consequences of tariffs and policy changes associated with climate, DEI and immigration. Interestingly, while acknowledging these near term uncertainties, most CEOs I spoke with were optimistic in their outlook over the intermediate term. The sense was that while there are areas of specific concern and pockets of weakness, the global economy and collaboration between governments and the private sector is relatively strong and resilient and should be able to withstand the anticipated near term shocks. I hope they are right.
On a more positive note, I was really thrilled by the growing recognition that we need to be intentional in the redesign of work to address the opportunities presented by AI. For the last 2 years, much of the discussion at the WEF has been about the latest advances in AI and the exploration of use cases. Unsurprisingly, none of this delivered on the long forecasted productivity gains. Why? The answer is something I have written about in each of my 6 books; you need to start work backwards and not tech forwards! We have consistently seen this approach being taken by the organizations who generate real ROI from AI. They see how they can redesign the work in a specific domain to make the most of the technology's capabilities. This also enables them to see emerging skill gaps and focus their upskilling and reskilling efforts, another area of much discussion at the WEF. While we should train everyone to use AI and give them access to the latest tools, such democratized access and skill building is only useful in raising awareness and understanding but will NOT generate a meaningful return in a timely fashion. This is only possible through the intentional redesign of work; deconstructing jobs, identifying where specific activities can be substituted or augmented by AI and reconstructing new ways of working. This will help you understand where AI is rendering certain skills obsolete by substituting the work and where the redesign of work is demanding new skills.?
The recognition that the ecosystem of work needs to be changed is a breakthrough for many leaders and I believe it will let us finally unlock the promise of AI that the technologists have been waxing lyrical about for so long.
?Ravin Jesuthasan
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spot LIGHT?
Welcome Jessica Robinson As Our New Faculty on The Future of Mobility!
Jessica Robinson is a mobility investor, entrepreneur, educator, and champion of Detroit
Brief introduction to Jessica:?
As Co-Founder and Partner of Assembly Ventures, she invests in and strategically supports the entrepreneurs and mobility companies moving the Western world. Jessica draws daily on her diverse operating experience which spans a high-growth startup, world-class accelerator, top 5 global automaker, technology workforce development, and venture capital.
Click to read her full profile.
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