The year of super-elections and artificial intelligence: Kors makes predictions for 2024

“It's nice to be back in Davos for this year's World Economic Forum,” Kurz begins his contribution, which he posted on LinkedIn, a social media platform for entrepreneurs and companies. “There's a lot going on in the world right now, and in the following article I've chosen some topics that I find particularly interesting.”

Briefly about the upcoming elections

“Looking to the future, there are also several important elections coming up in 2024, especially the European elections from June 6 to 9 and the US presidential elections on November 5,” Kurz explained. There is currently dissatisfaction in Europe with decision-makers in some countries, illegal immigration, the cost of living, and poor economic prospects, which are fueling a shift to the right.

This is evident in past elections such as in the Netherlands and Sweden, but also in current polls. Kurz cited the French National Rally and the Alternative for Germany party as examples. “Greens, leftists and socialists fear losing power due to changing dynamics in the European Parliament.” Finally, regarding the EU elections, Kurz said: “There are hardly any revolutions in Europe, but these elections will definitely bring change.”

US elections: Biden vs. Trump

As for the US presidential elections, as the primaries begin today in the state of Iowa, they are equally “wonderful” elections. There is “a good chance that the US presidential election will bring past experience with Trump and Biden, both of whom will lead in party polls.”

Trump's lead in the polls faces several challenges. For example, Trump could be disqualified from the primaries in some states. He added: “The Supreme Court here will decide whether Trump can run in some states or not.” Kurz says that if he is very comfortable, Trump's chances of returning to the presidential seat are not bad. “If not, the cry from Trump supporters will be very loud because they will see the election being manipulated.”

Briefly about artificial intelligence

According to Kors, ChatGPT, an AI-powered chatbot, is just the tip of the iceberg of what AI can do. It shows that we are currently living in a “shock period,” similar to the Industrial Revolution in the nineteenth century or the emergence of the Internet in the twentieth century.

The “transformative power” of artificial intelligence will extend not only to everyday life, but also to medicine, journalism and the financial sector, among others. “Some people start dreaming of reducing their working hours, while others fear for their jobs,” says Kurz.

AI would also bring some “big challenges to our society” because it represents “a combination of technology and ethics, with no set plan on how to deal with it.” However, he is convinced that “artificial intelligence will enrich our lives in many areas.” At the same time, Kurz also warns against underestimating the risks associated with this, such as cyberattacks or disinformation.

“Bottom line, I'm looking forward to an interesting week at the World Economic Forum and next year 2024,” Kurz concludes his LinkedIn post.