Davos takes place this year at a time of uncommon instability. How come?
When you look at the major European or North Atlantic nations, people do not know what the policy of the next administrations will be. The U.S., maybe together with China, is the elephant in the room. Both uncertain. You have elections in France, the unknown nature of Brexit’s implications. And then you have Germany, and given what happened in Berlin with terrorism, what will be the position of Angela Merkel one year from now? That creates the whole atmosphere of morosity.
You have a phrase about the rise of discontented workers””you call it the Precariat?
I didn’t coin the phrase, but it describes why people have this uneasy feeling. Is my job still safe? I think there are 3.5 million cashiers in the U.S. and as many truck drivers for whom technology might be overtaking their jobs. People feel a lot of anxiety, and it may not even be conscious.