A fascinating week similar to the previous ones but made more manageable by the lack of snow.
The Promenade – famous for major deals and relationships that begin on the street or at the hundreds of cocktail parties and receptions – was enhanced by the warm weather which heightened magic of Davos.
Nowhere is there the density of interesting people from all over the world working on big visions and plans. There are many interesting conferences, but they tend to be national in scope and none have the history of Davos. You don’t get to Davos and put up with astronomical lodging costs unless you see yourself as a global player.
Warm weather changes the dynamic and simply makes everything flow better. The hospitality of the various countries and companies is in full display on their spaces on the promenade. You can be consumed with incredible sessions of very smart people as well as amble free food and drink.
The satellite events are a driving force, despite the WEFs desire to see such events wain, their efforts will be futile and run counter to their mission. The objective is to address global challenges – the many brilliant innovators that the city attracts during the week can make this to become possible. Doesn’t happen within the confines of the Kongress, it happens at the hundreds of events occurring through the city.
A shift of power from the Finance and governments to decentralization has taken hold and is an unstoppable force. This transition from centralization of government and financing to technology decentralization.
The dominant players on the promenade were the blockchain companies who have made Davos their global gathering point. The Blockchain Hub was at the center of the action with a street vibe that felt more like New Orleans during Mardi Gras. The crypto market meltdown that occurred just a week before didn’t seem to dampen their spirits as they remain convinced of the inevitability of the blockchain and decentralization.
But the 3rd week of January remains as the preferred and January 15- 20th has been announced as the next meeting. In a short six months the town will begin preparations again and we will certainly be back.