Published: 26-Jan- 2017 | Category: Reports
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Rising political and social unrest and accelerating technologies are creating risks and instabilities for businesses around the world. The World Economic Forum’s twelfth Global Risks Report, produced with Marsh & McLennan Companies’ support, provides an outlook on the threats facing the world in 2017, and examines some of their root causes: rising inequality; political polarization and nationalism; and disruptive technological change.
Profound social instability sits at the center of the global risk landscape, and has been influenced most notably by rising income and wealth disparity and the increasing polarization of societies. With populism and nationalism on the rise, businesses may also navigate a protectionist environment of tarriffs and sanctions in 2017.
Every new technology holds great potential, both in terms of its possible benefits and negative consequences. In 2017, businesses will face challenges from emerging technologies that include a broadening landscape for cyberattacks, economic risk from jobs lost to artificial intelligence, and governing risks related to drones, driverless cars, robotics, and more.