The WEF addressed the 2022 crypto crash in a recent blog post, explaining that it looks all the more likely that cryptocurrency will need to be regulated, rather than giving hope that there could be a transparent international digital currency without the role of government.

The Brooking Institution, a public policy organization based in Washington, DC has offered insight into the innovation ecosystem. They call it an area of attention, along with competition policy and regulatory frameworks, digital infrastructure, workforce development, and social protection policies.

According to the World Economic Forum, to successfully create a digital ecosystem, organisations need to adopt three core principles: becoming open, interoperable, and decentralized. Now, why would they claim this? What is their reasoning?

Before we can even begin answering that question –

1. Why do you need to listen to the World Economic Forum?
2. What is a Global Risks Report?
3. Is it that important? Do I have to read it?
4. Can it help me in my business and life?
5. Are they making all these big moves based on data compiled from surveys or reports from some “experts” as they claim on their website http://www.weforum.org (Davos Agenda)?
6. Why do you need to listen to the World Economic Forum?

1. In addition to engaging business, political, and academic leaders, the World Economic Forum promotes global development. The agendas of global, regional, and industry interests are shaped in this way.

2. Global Risks Report is an annual report published by the WEF. The latest edition i.e. the 2022 report was published recently, which contains findings of the previous year i.e of the year 2021.

Global-thinking risk experts examine risk in five categories: economic, environmental, geopolitical, societal, and technological.

An example of an economic risk might be a nation’s gross national product losing value. About environmental risk, we’ve heard a lot, but it is how endangered species, for example, literally die off and no longer exist, which is not something everybody likes to acknowledge. All of us are men and women, and none of us are gods.

Geopolitical risk has a clear example, right, in how Russia decided that Ukraine belongs to it.

You know it’s a nightmare. Technological risk is like ByteDance spying on the West through TikTok.

3. Is it that important? Do I have to read it?

I don’t think you want to read that any more than you want to read the Terms and Conditions of Instagram.

4. Can it help me in my business and life?

Not really. It means that the new world order is structured something like Dark Ages fealty. If you are a street vendor, you might make more money, because you’re potentially given additional authority to provide shoppers with distinct and necessary goods that they want.

A problem is that they will be reporting everything you buy, compromising your freedom. Rather than involving you in the decision-making process, state assessments will be defining and predict what is going to happen. That is one way it resembles the Dark Ages.

Until the Renaissance, scholars sought to periodize history and influence how future generations would remember them, I have read. I’ve heard talk about the situation that has got me feeling like I should be a little concerned.

It’s countries surveying what is happening all over the planet and making expectations. It would put the government better in control. Russell Brand has, lately, again reminded his viewership that we’re supposed to be democratic.

Politicians should take their cues from citizens, Brand helps point out, not this potential for a new world order where everybody is dealing with undue government measures. I guess it should be clear that Brand is a successful comedian on YouTube whose channel might get us out of a mess. In any case, Brand’s point isn’t exclusively to go against Davos, which he has been accomplishing for a long time.

I think Brand’s thing is that ordinary people can make intelligent decisions the same as people working in government (for example, politicians), and Brand doesn’t want a world bereft of qualities that lend themselves to being a decent place to live. Like if we let art stop, music and theatre come to an end, and we begin to live in a fealty-oriented Dark Age, it would not be a great civilization to be a part of. It would mean things like literature getting pointless, as nobody would be in a position to add to it, and media becoming state propaganda, instead of the assistance that digital media provides to things like democracy, human rights, and journalism.

I don’t think it would be a good idea. We would have the industry beneath Big Tech, and we wouldn’t be able to use it, even though it’s cheap to run, and as powerful as astronauts at NASA taking a shuttle to the moon. In 1969, contrasted with what even our youths naturally grasp, everyone with a cell phone and Internet access can explore enormous data momentarily.

You don’t grasp what Russell Brand is saying or talking about when you think of him as a comedian and (probably) a sex symbol. That’s fine, but it’s worth taking an interest in what he does, as Brand is dismissive of the World Economic Forum and critical of many discussions that indicate corruption or unfairness for the poor, or advantages that Big Tech and Big Pharma exploit. As a populist voice, he’s funny, and he’s good.

Brand’s interest in knowledge kind of grows, but it’s always going in the same direction, and his perspective, which he might deny he is giving you with his channel, is always in favor of a social change in a direction completely different than the Davos Agenda’s.

I didn’t expect it, but when one of his videos about Covid-19 was taken down by YouTube, he made sure he was heard by additionally migrating to Rumble. I’d never thought YouTube would want to do that to him, since he and his team are only a few people.

Open means authentic, transparent, and inclusive. These are good principles to follow. However, I am not sure that the WEF is sincere in saying that.

It’s open like thieves hiding in plain sight. Interoperability is conceivably a legend. Do you know who made that point loud and clear?

Mutahar, the YouTuber behind someordinarygamers, alluding to Meta’s metaverse, said about whether Meta will prevail is that it is basically not going to be interoperable with rival metaverses. A comparison was made between the interoperability of video games between rival systems. The metaverse is being discussed more and more every day, and I think there are two general realities in the metaverse that are relevant.

One is Meta, which is probably at least a couple of years away before its potential is realized, and the other is, I think, sort of Web 3.0.

I am just not sure that there won’t be an endgame for Big Tech. Decentralized is a buzzword that was applied to bitcoin. It looks like, sure enough, cryptocurrency isn’t going to wind up decentralized, but nice try.

Jack Dorsey’s exit from Twitter illustrates how innovators in the cryptocurrency space are beginning to succumb to frustration and exhaustion, as he possibly did. The long and short is that the WEF could be lying. They are borrowing from the best of the technology industries and laying waste to its potential.

That’s really what Russell Brand has picked up on and is critical of. Those kinds of lies could do a lot of harm to people who are lucky enough to live in the free world.