World Economic Forum 2016 Coverage (1)
In his live interview on CNBC this morning, Roland Berger CEO Charles-Edouard Bouée talked about the World Economic Forum, the challenges of digitization for business and society and its impact on the way we live and work ("on-demand economy").
CNBC anchormen Steve Sedgwick and Geoff Cutmore asked about the study Roland Berger had published together with the Federation of German Industries ("BDI") on the risks and opportunities of advanced manufacturing for Europe: Accordingly, Europe could see its manufacturing industry add gross value worth 1.25 trillion euros by 2025 – or suffer the loss of 605 billion euros in foregone value added if companies and governments alike fail to turn the digital transformation to Europe's advantage.
Commenting on the atmosphere at the start of the WEF in Davos, Charles-Edouard Bouée refers to it as "gloomy", as topics like volatile stock markets, security, refugees and emerging markets may be provoking uncertainty and fear. In the long-term, however, business leaders see a lot of opportunities, too, which may lead to major investments in technology in the coming years.