The article discusses the World Economic Forum (WEF) and its annual gathering in Davos, Switzerland. The WEF was founded by Klaus Schwab in 1971 as a platform for business leaders to discuss global issues and shape the diplomatic year ahead.
The article mentions that this year's gathering is taking place against "the most complicated geopolitical backdrop since the WEF was founded". It notes that the WEF has been criticized for its lack of accountability and legitimacy, and that some former Young Global Leaders have spoken out about their disillusionment with the organization.
One former Young Global Leader, Danny Sriskandarajah, is quoted as saying that "my view is, it was ahead of its time, but now it's a relic of the past". Another former delegate, Jamie Drummond, notes that discussions in Davos helped to shape the diplomatic year ahead in the late 1990s and early 2000s, but argues that such optimism has long evaporated.
The article also mentions that this year's gathering will be led by Børge Brende, who is the WEF president. However, he is not expected to make any major announcements or speak publicly about the organization's future direction.
Overall, the article suggests that the WEF is facing a period of decline and uncertainty, but that some former leaders and attendees are still holding out hope that it can be reformed and redeemed.
In terms of key quotes and statistics, the article mentions:
* Danny Sriskandarajah: "It's such a contradiction, in my view. A world where the WEF would contribute is a rules-based world, where there's predictability, where business works with governments – business to achieve their profits but governments to meet the needs of their people. But him, he represents might is right."
* Jamie Drummond: "This is not Davos's heyday, it is on the decline – but it's not dead yet"
* Børge Brende: no major quotes or statements are attributed to him in the article.
The article does not mention any specific statistics or data about the WEF or its attendees. However, it does note that analysis commissioned by environmental charity Greenpeace found that the number of private jet flights associated with Davos more than tripled between the 2023 and 2025 meetings.
The article mentions that this year's gathering is taking place against "the most complicated geopolitical backdrop since the WEF was founded". It notes that the WEF has been criticized for its lack of accountability and legitimacy, and that some former Young Global Leaders have spoken out about their disillusionment with the organization.
One former Young Global Leader, Danny Sriskandarajah, is quoted as saying that "my view is, it was ahead of its time, but now it's a relic of the past". Another former delegate, Jamie Drummond, notes that discussions in Davos helped to shape the diplomatic year ahead in the late 1990s and early 2000s, but argues that such optimism has long evaporated.
The article also mentions that this year's gathering will be led by Børge Brende, who is the WEF president. However, he is not expected to make any major announcements or speak publicly about the organization's future direction.
Overall, the article suggests that the WEF is facing a period of decline and uncertainty, but that some former leaders and attendees are still holding out hope that it can be reformed and redeemed.
In terms of key quotes and statistics, the article mentions:
* Danny Sriskandarajah: "It's such a contradiction, in my view. A world where the WEF would contribute is a rules-based world, where there's predictability, where business works with governments – business to achieve their profits but governments to meet the needs of their people. But him, he represents might is right."
* Jamie Drummond: "This is not Davos's heyday, it is on the decline – but it's not dead yet"
* Børge Brende: no major quotes or statements are attributed to him in the article.
The article does not mention any specific statistics or data about the WEF or its attendees. However, it does note that analysis commissioned by environmental charity Greenpeace found that the number of private jet flights associated with Davos more than tripled between the 2023 and 2025 meetings.