World Economic Forum Global Risks Report 2018

World Economic Forum Global Risks Report 2018


Experts are preparing for another year of heightened global risks following a deterioration in the geopolitics, which has heightened the risk of political or economic confrontations between major political powers worsening and the risk of war between nation states.

The World Economic Forum’s Global Risks Report nevertheless argues that the prospect of strong economic growth in 2018 presents leaders with an opportunity to address severe weakness in many of the complex systems that underpin the world, including societies, economies, international relations, the environment, and the internet.

Cyber threats are growing in prominence, with large-scale cyber attacks now ranked in third place for likelihood in the list of top global threats, while rising cyber dependency is ranked as the second most significant driver shaping the global risks landscape over the next 10 years.

The report identifies the risk of sudden dramatic breakdowns – known as future shocks – which could result from 10 scenarios. These include:
• The risk of artificial intelligence (AI) software proliferating and choking the performance of the internet or over-fishing by AI-piloted drone ships.
• The unpredictable escalation of cyber conflict in the absence of any agreed cyber warfare rules.
• The balkanisation of the internet, through a combination of cyber attacks, protectionism and regulator divergence.

16 Jan 2018
17 Jan 2018
80 Page(s)
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