Klaus Schwab foresees “The Intelligent Age” at World Governments Summit

World Economic Forum founder Klaus Schwab proclaimed a new era for humanity at the World Governments Summit: “The Intelligent Age.” Fueled by the fourth industrial revolution’s advancements, this era promises “many more opportunities and possibilities.” Schwab relied on AI assistant ChatGPT to envision this future, where technology harmonises with human values and empowers individuals.

However, Schwab stressed the need for ethical frameworks to harness AI’s benefits and avoid dystopian scenarios. He envisions a “humanocracy” where technology aids human potential, not a cold technocracy. While some worry about technology outpacing control, Schwab believes collaboration can ensure responsible development.

This outlook marks a shift from last year’s summit, where Schwab expressed concern about mastering these technologies. Now, he emphasises harnessing their potential for a brighter future. This aligns with his longstanding message about the transformative power of the fourth industrial revolution, urging global cooperation to guide its ethical development.