The world’s visionary leaders address humanity’s challenges
RIYADH, Saudi Arabia, Oct. 29, 2024 /PRNewswire/ — Day one of the 8th Future Investment Initiative (FII) kicks off at the King Abdulaziz International Conference Center, celebrating global leaders, visionary innovations and and influential investors. Explore the theme, “Infinite Horizons: Investing Today, Shaping Tomorrow.”
Future Investment Initiative Institute (FII) Day 1 – October 29, 2024 (PRNewsfoto/Future Investment Initiative Institute)
Under the leadership of CEO Richard Attias, the FII Institute has once again demonstrated its commitment to redefining the future of global investment and innovation, sparking dialogue around the important issues shaping the world. Dr. Mustafa Madbouly, Prime Minister of the Arab Republic of Egypt, and Shahbaz Sharif, Prime Minister of Pakistan, attended.
“The Future Investing Initiative aims to break the limits of conventional thinking and expand the possibilities of human achievement,” said Richard Attias, CEO of the FII Institute. “On day one, our global visionaries laid out powerful ideas and strategies that will shape how we address today’s most pressing challenges and open new horizons for humanity. ”
Memorable moments from the first day of FII8:
Opening Plenary: The day began with insightful remarks from Mr. Attias, setting the stage for discussions on bridging investment, innovation and sustainable development. His Excellency Yasir Al-Rumayan, Governor of the Public Investment Fund (PIF), then issued a call to action, urging leaders to leverage innovative strategies in the face of global change. His Excellency Yasir Al-Rumayyan presented the results of the FII Priority Compass 2024, providing important insights into the evolving landscape of global challenges. The report highlighted urgent priorities such as cost of living, governance and health care, and urged stakeholders to align strategies with the Sustainable Development Goals. “At this critical moment, we stand on the edge of an infinite horizon. We have a responsibility and an opportunity to shape a future that invests not just in our economies but in humanity itself,” he said. Changemakers Committee: Geoeconomics: Lawrence Fink of BlackRock, Stéphane Bancel of Moderna, Laura Cha of Hong Kong Exchanges and Clearing Corporation, Ken Griffin of Citadel, Paul Hudson of Sanofi , a distinguished panel including Ruth Porat of Google, former group CEO of HSBC Noel Quinn and co-founder of Facebook. Founder Eduardo Saverin (former CEO and Chairman of Google KBE), Dr. Eric Schmidt (Co-founder and Chairman of Blackstone), Stephen Schwarzman, and David Rubenstein, Chairman of Carlai and FII Institute Director , about the growing influence and technological disruption of the Global South. , the need for new economic systems to support sustainable global progress Special conversation on energy: His Royal Highness Prince Abdulaziz bin Salman Al Saud underlines Saudi Arabia’s leading role in the energy transition and He emphasized that sustainable energy development is essential to achieving net zero targets. 2nd Changemakers Conference: Banking and Investment: Industry giants including Dr. Muhammad Al Jasser, Chairman of the Islamic Development Bank (IsDB) Group; Tony O. Elumelu, Group Chairman, United Bank for Africa (UBA); Founder of the Tony Elumelu Foundation. Jane Fraser, Citi CEO. Jenny Johnson, Franklin Templeton President and CEO Ron O’Hanley, State Street Corporation Chairman and CEO Ted Pick, Morgan Stanley CEO. Mark Rowan, co-founder and CEO, Apollo Global Management; Harvey M. Schwartz, CEO, Carlyle; Mr. Neil Shen, Founder and Managing Partner of HongShan. David Solomon, Chairman and CEO of Goldman Sachs. Makoto Takashima, Chairman of the Board, Sumitomo Mitsui Banking Corporation Bill Winters, Group CEO, Standard Chartered was analyzed. Titan of Industry – TikTok CEO Shou Chew captivated the audience with his insights into the impact social media and digital platforms are having on community building, creativity, and cultural exchange globally, hosted by Richard Attias. “TikTok now has over 1 billion users. It’s not just an app for young people, it’s an app for everyone. It’s not just about entertainment, it’s also about community, heritage, culture and art,” Chu said. “I’m doing it,” he said. Launch of the AI Inclusive Initiative: A global pledge aimed at ensuring inclusive AI adoption in emerging markets. This effort brings together technology companies, knowledge partners, government policymakers, and the private sector. The funds will be put into projects in emerging markets. FII Institute 19 Knowledge Partners provides expertise and capacity-building support. 3rd Changemakers Committee on AI: The Future of AI, including CEOs like TikTok CEO Shou Chew. Jack Hidary, CEO of SandboxAQ. Benjamin Horowitz, co-founder and general partner of Andreessen Horowitz. Travis Kalanick, CEO of CloudKitchens. Ruth Porat, Alphabet & Google President and CIO. Jay Puri, Executive Vice President of Worldwide Field Operations, NVIDIA. Dr. Eric Schmidt, Founder and CEO of the Schmidt Family Foundation. Co-founder of Schmidt Sciences. Google’s former CEO and chairman highlighted significant advances in AI technology over the past year, including breakthroughs in areas such as generative AI. The session also addressed the double-edged impact of AI on employment. The conversation turned to ethical challenges posed by AI, including algorithmic bias, privacy concerns, and the impact of AI on decision-making processes. A special discussion on the future of AI with Elon Musk provided FII8 guests with important insights into how AI should prioritize human well-being. “In the future, we need AI that loves humanity. That’s why xAI was created. , promoted a better future. Announcements: Today, 12 financial and non-financial announcements were made around the theme of investing in solutions that have an impact on humanity. These announcements highlight sustainable development and innovation, and efforts to drive positive change across a variety of sectors.
As FII8 progresses this week, the institute will continue to talk about fostering collaboration, responsible investment, and bold new solutions that transcend traditional boundaries in pursuit of a sustainable and prosperous future for all. We plan to convene a more in-depth discussion.
About FII Institute
The Future Investment Initiative (FII) Institute is a data-driven, global, non-profit foundation with a singular focus on the investment sector and human impact. Global and inclusive, we develop the world’s best talent in four key areas: artificial intelligence (AI) and robotics, education, healthcare, and sustainability, turning ideas into real-world solutions. .
Photo – https://mma.prnewswire.com/media/2543653/Future_Investment_Initiative_Institute.jpg
Source Mirai Investment Initiative General Incorporated Foundation
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