CEOs are increasingly worried about an economic downturn, inflation, and an asset bubble bust | Fortune
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CEOs are increasingly worried about an economic downturn, inflation, and an asset bubble bust | Fortune
"This annual survey of more than 1,300 global leaders and experts shows a fascinating divide in perceptions of short-term and longer-term risks. Most are anxious about physical conflict in the short term, ranking 'geoeconomic confrontation' as the most pressing global risk over the next two years. Misinformation and disinformation came second, with societal polarization coming third. Collectively, economic risks showed the largest jump, with more concerns about an economic downturn, inflation and an asset bubble burst"
"When asked to rank the impact of global risks over the next decade, though, the physical environment came first, with extreme weather events, biodiversity loss and a 'critical change to Earth systems' topping the list. The specter of adverse outcomes from AI technologies is seen as a longer-term threat. For one thing, this is not a public opinion poll but rather a survey of global elites: the political leaders, CEOs, and experts charged with shaping policy in their countries and setting strategy for their companies."
A survey of more than 1,300 global leaders and experts reveals a split between short-term and long-term perceived risks. Over the next two years, geoeconomic confrontation is judged the top threat, followed by misinformation and societal polarization, while economic risks like downturns, inflation, and asset bubbles rose markedly. Over a ten-year horizon, the physical environment ranks highest, led by extreme weather, biodiversity loss, and potential critical changes to Earth systems. Adverse outcomes from AI are seen as a longer-term concern. The World Economic Forum functions as a forum for leaders to learn, debate, and partner, though access remains limited for many.
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