Here Come The Robots: Davos Bosses Brace For Big Technology Shocks

Nearly half of those questioned also expect an artificial intelligence machine to be sitting on a corporate board of directors within the next decade.

The perception about global banks remains low and was "worse" last year than what was seen after the 2008 financial meltdown, says a report.

Polarisation of the labour market is deepening worldwide and rising income inequality along with skills gap might lead to an increase in social tensions, feel experts.

With a new WEF study warning about a net loss of over five million jobs in next five years due to the fourth industrial revolution, IT giant Infosys CEO Vishal Sikka today said there are huge employment opportunities in India but there is a need to impart right skills and training.

Outgoing CEO of Wipro has a warning for IT companies: change. TK Kurien in an interview with NDTV Profit at the World Economic Form meet in Davos said a lot of changes are happening in technology.

Emerging economies are less likely to benefit from extreme levels of automation and connectivity achieved through the Fourth Industrial Revolution, which has the potential to dramatically change the course of economic development, says a report.

India has emerged as one of the five most promising markets for businesses globally as it offers one of the best opportunities for both domestic as well as global companies, says a survey.

The confidence level of chief executives worldwide about growth prospects of their own companies has fallen but Indian CEOs are among the most confident, says a new survey.

More than a trillion dollars of investment flows has fled emerging markets over the past 18 months but the exodus may not even be halfway done, as once-booming economies appear trapped in a slow-bleeding cycle of weak growth and investment.

The high-profile WEF meeting here will not be entirely for the elite only as some of the 300-odd sessions will be open to general public and few sessions would connect with millennials in select few cities worldwide, including Delhi, Bangalore and Ahmedabad in India.

So its Davos time again! Snowy Alps, freezing weather, Swiss hospitality and a super packed 3 days. It's the World Economic Forum 2016.

Reflecting an acute shortage of skilled labour force and difficult business conditions, India has slipped 11 places to rank 89th on a global index of talent competitiveness, a list which has been topped by Switzerland.

At Davos, Iran is center-stage, North Korea has been disinvited for nuclear saber-rattling, and World Economic Forum founder Klaus Schwab says he's worried about Europe's future, the fallout of plunging oil prices and gaping inequality worldwide.

Home to the annual talkathon of the rich and powerful from across the world for over four decades, this Swiss resort town has its own history of being a place of eminence for medical tourism as also for winter sports.

The country's power sector is at an "inflection point" and most of its electricity demand in the next two decades will be met by burning fossil fuels despite huge investments in renewables, WEF said on Tuesday.

Ahead of the India-UK Economic and Financial Dialogue, Finance Minister Arun Jaitley on Monday wooed British businesses keen on investing in India, highlighting initiatives taken by the government to make the country an attractive destination for global investment.

The projection by the World Economic Forum (WEF) assumes a total loss of 7.1 million jobs, offset by a gain of 2 million new positions.

The trust gap between the informed public and the mass population globally has widened to a record high level, while the divide is fourth highest in India among all major countries, a new survey has found.

Disruptive labour market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries.

As the rich and powerful from across the world begin congregating here for their annual jamboree, global trade union body ITUC on Monday said just 50 MNCs have a "hidden workforce" of 116 million people in their global supply chains including in India.