Like a skilled artist revealing layers of a masterpiece, Borge Brende, President of World Economic Forum, introduced the idea of a "G3." According to Brende, the G3 trio, comprising the United States, China, and India is poised to take the helm in steering the course of the new world order.
During ‘BT India at 100 Summit’, an event brimming with global leaders and influencers, Borge Brende embarked on a discourse that painted a vivid picture of India's trajectory on the world stage.
Against the backdrop of a changing world order, Borge Brende projected India's leadership role in shaping this transition. A focal point was India's leadership in the G20. He painted Prime Minister Modi's vision as a guiding light to usher in a new era of global influence for the nations of the South.
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With an air of assurance, Borge Brende painted a portrait of India's economy soaring to become the third largest worldwide. He commended India's mettle as the fastest-growing major economy, a feat notched even during the tumultuous times of the pandemic.
The canvas of India's transformation was adorned with the hues of digital innovation. Borge Brende's praise was a symphony dedicated to the widespread adoption of digital IDs that had ingeniously woven a tapestry connecting the majority of India's populace. This digital stride, he posited, was the cornerstone of India's economic resurgence.
A pivotal stroke on this canvas depicted India's demographic dividend. In a union with seamless digital connectivity, Borge Brende foresaw a period of sustained growth and development stretching across decades.
With a subtle touch, Borge Brende brushed off concerns about AI's potential to displace jobs. He painted a panorama of technological advancement culminating in more intricate job roles that would propel overall prosperity. His emphasis on up-skilling and re-skilling was a brushstroke that bridged the gap between future innovation and human adaptability.
Borge Brende articulated a plea against the decoupling of global trade, urging for continued international cooperation. He painted a cautionary tale where the imposition of excessive trade barriers and protectionism could mar the grandeur of global GDP.
Amidst the colours of geopolitical landscapes, Borge Brende infused a note of hope. He envisioned a peaceful resolution to the ongoing Russia-Ukraine conflict, illuminating how such a resolution could avert the gloomy shadows of heightened global energy prices and escalated food costs.
Brende's canvas expanded to the realm of artificial intelligence, comparing its regulation to the meticulous traffic rules in a bustling city. He artfully summoned a call for international unity in sculpting common guidelines for the responsible development and deployment of AI technologies.
As the symposium ended, Borge Brende's insights offered a panorama of the World Economic Forum's perspective on India's voyage through economic and geopolitical landscapes. His notion of a G3, his optimism about India's growth, and his clarion call for up-skilling and re-skilling resided as brushstrokes that captured the essence of India's global role and development trajectory.