More CEOs fear their companies won’t survive 10 years as AI and climate challenges grow, survey says


People reflected in a window of a hotel at the Davos Promenade with a slogan about AI alongside the World Economic Forum in Davos, Switzerland. The AI technology has taken a large and growing slice of attention in Davos, this year the theme of Artificial Intelligence ‘as a driving force for the economy and society’ will get about 30 separate sessions. — AP

LONDON: More executives are feeling better about the global economy, but a growing number don’t think their companies will survive the coming decade without a major overhaul because of pressure from climate change and technology like artificial intelligence, according to a new survey of CEOs by one of the world’s largest consulting firms, PwC.

The survey of more than 4,700 CEOs worldwide was released Monday as business elites, political leaders and activists descended on the World Economic Forum’s annual meeting in Davos, Switzerland, and it showed a mixed picture of the coming years.

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