Growth Summit 2023 Day 2: Here's everything you need to know
Growth Summit 2023: This year's summit revolves around the theme of "Jobs and Opportunity for All" Image: World Economic Forum
- The World Economic Forum's Growth Summit 2023 was held on 2-3 May in Geneva, Switzerland.
- This year's summit revolves around the theme of "Jobs and Opportunity for All".
- Sessions include spotlights on generative AI, the future of growth, creating a future-ready workforce and diversifying innovation.
Missed the World Economic Forum's Growth Summit 2023? Here's a recap of Day 2, where world leaders engaged in conversations around a fresh vision for growth - one that generates jobs and opportunities for all.
The in-person Summit was held on 2-3 May at the Forum's headquarters in Geneva, with diverse leaders from business, government, civil society, academia and international organizations in attendance.
You can read the highlights from Day 1 here, and join the conversation online using our hashtag #GrowthSummit23.
From Day 1
On Day 1, participants discussed key global imperatives such as climate change and ways to build regional trade and cooperation in a fragmenting world.
We also launched our latest edition of the Chief Economist Outlook, with experts split about the likelihood of a global recession and predicting highly divergent economic outlooks across regions.
Our 'Putting Skills First – Global Skills Playbook', launched with PwC, provides an action framework for businesses and governments to shape their 'skills-first' approach. This paper is the first in a two-part series, with the second paper to be launched at our Annual Meeting in 2024.
And in case you missed it, our 'Future of Jobs' report has key insights from change-makers on the future of jobs and skills over the next five years.
The public programme is available on wef.ch/growthsummit, and you can find more about how to follow the live-streamed sessions below.
Must-watch sessions
Today's discussions range from leveraging the power of disruptive technologies for the common good to tackling inequality within and between countries. Here are the sessions you can't miss - all times below in GMT+2:
AI presents threats and opportunities, both at work and beyond, our participants agreed.
Regulation around the development and deployment of artificial intelligence will be vital. From ethics to skills and training, there are numerous areas that need careful consideration.
Learn more from the session by re-watching some of the key moments on Twitter.
Leaders are facing the triple challenge of boosting growth, mitigating the climate crisis and driving job creation.
These aims are not necessarily mutually exclusive - and there is a window of opportunity in which the green transition may open a new phase of jobs-rich growth.
But it must be inclusive growth and it will require public-private partnerships, state planning, just financing and citizen trust, to bring everyone along.
Watch the key moments from the session on Twitter.
11:30 - What Next for Inequality?
Inequality is widely viewed as one of the key drivers of national polarization and international disruption in recent years.
But what do we mean when we talk about inequality? Essentially, it's inequality of inclusion.
In order to achieve resilient growth globally, we need a new social contract, with greater investment in the care economy and inclusive systems that support the meaningful financial inclusion of women.
To hear the panelists' views in full, watch the session or catch up on the key quotes on Twitter.
13:30 - Generation AI
Advances in generative artificial intelligence are expected to have an unprecedented impact on the global workforce and present a turning point for education.
But will the benefits of AI be distributed fairly across the globe and how do we safely integrate technology into education to equip the workforce of the future?
Take a dive into the full session or catch up with the key quotes on Twitter.
Ensuring resilient, equitable growth depends on women enjoying greater economic participation and moving into positions of leadership in the economy, politics and civil society.
From teaching girls to code to challenging traditional stereotypes and 'tearing up the rulebook', the panelists discussed ways to ensure gender parity and advance more women to the highest levels of leadership.
Watch the session in full or catch up with the key quotes on Twitter.
16:00 - Chief Economists Briefing
Participants in this session looked at the prospects for the global economy.
From recession to inflation, structural challenges, and emerging markets, the discussion covered a ride range of topics.
Learn more about the key talking points on Twitter.
17:15 - What Next for Growth?
It remains a challenging environment for growth, participants agreed in this session.
Inclusive, resilient growth needs to solve systemic issues and not just short-term or cyclical shifts. It should foster people and ideas, it was argued.
For more on the prospects for global growth, follow our thread on Twitter.
News from the ground
With 60 sessions on offer, participants kept up with a busy schedule at the Growth Summit. Here are glimpses from the Metaverse room with an experience of the Global Collaboration Village, the first purpose-driven metaverse.
Watch this space for more highlights from the Meeting today.