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Davos Notes: Sugary Explosions, Embarrassing Dads, Genial Hosts, the Latest Microtrends, and a Comeback of Irrational Exuberance

Posted: 01/28/11 05:40 PM ET

My second morning at Davos was a blast -- literally -- as a small explosion broke a few windows at the 4-star Posthotel Morosani, a heavily guarded (as is everything here) 19th century hotel in town. I didn't hear or feel the blast, which the authorities described as "a firecracker," but the conversational shockwave that rolled across the Congress Centre was potent. An Italian activist going by the online handle "Revolutionary Perspective" claimed responsibility, posting a message online: "We have attacked the Hotels Morosani with pyrotechnics and sugar." Terrorists with a sweet tooth? Anti-globalists who dig a nice fireworks display? Fittingly, the Morosani was later the scene of a session entitled "Criminals Without Borders."

Before the sugary firecracker made headlines, I co-hosted an early morning breakfast at the Hotel Seehof, along with Facebook's Sheryl Sandberg, in honor of Somaly Mam, a truly remarkable Cambodian woman who was sold into a brothel as a child, was a sex slave for 10 years, endured daily rapes and abuse, watched her best friend be killed, then finally escaped and now runs a foundation committed to saving others from sexual slavery. Despite this wrenching life history, Somaly radiates a sense of joy and vibrancy that fills any room she's in. As Sheryl Sandberg pointed out, Davos is a late-night gathering and you often hear people proclaiming that they "never do breakfast." But even the never-up-early crowd was there at 7:30 a.m. to pay tribute to Somaly's indomitable spirit, to hear her speak, and to support her efforts. Somaly's talk was inspiring. So, of course, I asked her to blog for us. She agreed and, thanks to the late night HuffPost team, burning the post-midnight oil, within an hour her post was featured on our home page (check it out here).

Later, at a lunch hosted by Goldman Sachs for its 10,000 Women program for female entrepreneurs run by Dina Powell, I sat next to Harvard Business School professor Michael Porter, who has written extensively on the need for companies to look beyond boosting their bottom lines and find ways to help address the pressing social issues of our time. Seated on my other side was Melanne Verveer, President Obama's Ambassador-at-Large for Global Women's Issues. She's also Hillary Clinton's former chief of staff, which reminded me of one of my favorite quotes from Davos, said by Bill Clinton and tweeted by @Bill_Gross: "'I want to be a Grandfather. Hillary wants to be a Grandmother... More than she wanted to be President.' Bill Clinton #WEF." I'll have to start following Chelsea to see if she tweeted: "Thnx, Dad. Next time why don't u bring it up in speech at UN??? No pressure, right?" Melanne had just come from Istanbul, where she kicked off a conference on fostering female entrepreneurship in that region.

Then it was off to the Hotel Europe for the International Media Council Winter Meeting, where Tim Geithner took questions from a group of about thirty journalists from around the world. The talk was off the record, but Charlie Rose's interview with Geithner on the main stage Friday was not.

After stopping by dueling parties hosted by Time/Fortune and the University of Chicago, I made it over to the Morosani hotel (where there was no evidence of that morning's explosion) for the Coca-Cola cocktail reception, hosted by its CEO, Muhtar Kent. And I do mean hosted. His ebullience was all-embracing, constantly introducing his guests to one another: "Arianna, you must meet my great Greek friend... Charlie [Rose], did you see Tim Geithner?"

After the Coke party, I made my way to a dinner hosted by Fred Krupp, president of the Environmental Defense Fund, Rev. Sally Grover Bingham, Kathryn Murdoch, and Doug Shorenstein that focused on innovative ways to protect our oceans against overfishing. During the meal, David Gergen and I moderated a discussion that touched on many concepts I knew little about, including "catch shares" (which work by allotting a percentage of a catch to fishermen, while meeting conservation goals). It's a very "beyond left and right solution" to the problem that has garnered investments from the Carlyle Group and support from the Murdoch family. Worth noting: fish was served at dinner.

Day Three included the annual lunch hosted by Lally Weymouth. It used to be the Newsweek lunch, co-hosted by Fareed Zakaria, but in our ever-changing media universe it was transformed into the Washington Post lunch, with Fareed now one of the guests. In the comments made during the lunch (as you've probably gathered by now, no one eats here without short speeches being made all around), the mood about the economy was unmistakably exuberant. Maybe we should have started the lunch by showing the CNBC video about the global unemployment crisis I wrote about earlier. In fact, it was Tim Geithner and Larry Summers who talked about the need to avoid complacency.

At a great Emerging Microtrends dinner, moderated by The Economist's Matthew Bishop, the most fascinating microtrend that emerged was moving from knowledge to wisdom and insightfulness. In a Google-fueled world, knowing things is no longer as important as problem-solving. This led to a discussion of the iPhone mood app, technologies that tracks our circadian rhythms and state of flow, and my ultimate dream -- a GPS for the soul. In the meantime, Davos participants are discovering old-fashioned ways to deal with the onslaught of information, data, and connectedness. Mine is complete abstinence from alcohol. With so little sleep, even half a glass of wine would make Davos unsurvivable.

 
 
 

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HUFFPOST SUPER USER
chuck becker
11:41 PM on 01/29/2011
"the most fascinating microtrend that emerged was moving from knowledge to wisdom and insightfulness"

I don't think they had the term 'microtrend' back then, but this was a hot topic when Socrates was accepting students.  The Internet has contributed to the mechanical substitution of factoids for wisdom and insight.  Anyone can find any piece of raw data they wish.  Far fewer can apply good filters and sound logic to derive that ever elusive wisdom and insight..  There is not yet an information technology solution to this.

Just a thought.
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choctawwritergirl
Screenwriter & Futurist
10:00 PM on 01/29/2011
THE PEOPLE MUST DISMANTLE "PATRIARCHY AND CAPITALISM" IF IT IS TO SURVIVE MUCH LESS SURVIVE!
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choctawwritergirl
Screenwriter & Futurist
09:59 PM on 01/29/2011
WANT TO PROBLEM SOLVE? THERE IS NO BETTER ANSWER THAN THIS:

WWW.THEVENUSPROJECT.COM

THANKS TO JACQUE FRESCO AND ROXANNE MEADOWS CAN BE A BETTER PLACE FOR ALL.

THIS IS OUR FUTURE!
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HUFFPOST SUPER USER
Peter Noble 2
08:54 PM on 01/29/2011
http://www.nytimes.com/2011/01/30/business/global/30davos.html?_r=1&hpw

For all those who have asked about Davos and their reaction to Egypt..read the link above.
Genders
Love, Tolerance, Enlightenment
09:37 PM on 01/29/2011
good link, thanks. Democracy or plutocracy, choose.
05:51 PM on 01/29/2011
But Arianna, then you are missing all the wonderful Swiss wine that you cannot get outside of Switzerland. Too bad!

(Although I respect your professionalism and have to admit that if I were there I'd likely do the same...)
05:06 PM on 01/29/2011
Nobody care about what these money-grubbing, globalist plutocrats think. Hope the wives seek revenge on these guys and their mistresses.
04:27 PM on 01/29/2011
"In a Google-fueled world, knowing things is no longer as important as problem-solving." While this is a true statement of our complacency in learning, the danger in this type of world is that information is not the same as knowledge. And while information is abundant and accessible, discretionary skill is still required in order to use information in a knowledgeable way to solve problems. Apps (as clever and distracting as they are) are not problem solvers. I agree with those who advocate for developing our human potential as the most intelligent way to solve problems.
02:21 PM on 01/29/2011
Arianma; In my world - Consulting - problem-solving is the name of the game and that goes back over forty years when computers were little more than adding machines and Google was still a feature of science fiction stories. I attended a seminar thirty years ago that laid out a method of problem-solving that is still beling used today. This system (I have forgotten its name) lays out a structured procedure thats begins with determinig if it is a problem you are facing or a situation. The latter is a group of problems requiring multiple solutions, whereas a single problem requires only one. Once the problems are separated out and described - a single sentence; one noun, one verb, a solution may present itself. For a more difficult problem it becomes necessary to go to the step of poling the group for possible solutions ie. brainstorming ideas and then ranking each one on a scale of one to ten. Another brainstorming for adverse consequences is done on the top three ideas and each of those are rated as to how serious each might be. Grade one arithmatic does the rest and numbers don't lie.
HUFFPOST SUPER USER
chuck becker
11:44 PM on 01/29/2011
That would require a superior faciitator, to avoid degenerating into chaos, anarchy, or worse.  Unless the people you consult with are way more aligned on the objective than the people I've worked with.
FreeHat
Really?
02:12 PM on 01/29/2011
That "wisdom and insightfulness" mentioned would surely lead one to understand that you can use the onslaught of data and connectedness to work more efficiently and hence work fewer hours.
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HUFFPOST SUPER USER
MegP
01:37 PM on 01/29/2011
RE: "...the most fascinating microtrend that emerged was moving from knowledge to wisdom and insightfulness."

I'm not sure the description "fascinating" would come to mind first for me, perhaps "hopeful"?

But I wonder, will there be an associated, attached, sense of "ownership" of wisdom and insightfulness by this group? As in "We've found wisdom and insightfulness and now we're going to spread this to the rest of you non-powered out there?"

I hope policy shifts indeed develop that are driven by genuine wisdom and insightfulness. When this happens, we will recognize it by greatly improved access in every city and village, to quality life-sustaining land, food, and housing, to quality education and quality health care, and to quality opportunity to develop talent and to share voice in policy making.

Clamor for profit by competition will fade; cooperation and service to one another, and to the living earth, will rise.

I'm pretty sure "wisdom and insightfulness" will need to guard itself against top-down strategy, against "ownership", (which means, of course, against impulse to "be in control".)
HUFFPOST SUPER USER
chuck becker
11:47 PM on 01/29/2011
"Clamor for profit by competitio­n will fade; cooperatio­n and service to one another, and to the living earth, will rise."

Hope for sunshine, prepare for rain.
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HUFFPOST SUPER USER
Peter Noble 2
01:31 PM on 01/29/2011
How are people reacting to Egypt?
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HUFFPOST SUPER USER
Tom Hendricks
see wikipedia
12:20 PM on 01/29/2011
Arianna, Problem solving is useless if the media won't talk about solutions. Here's the perfect example that no media including your own will talk about - National Hiring Day.
Though the news media has yet to talk about it - the 2nd National Hiring Day is coming in a month. This is a day that corporations are encouraged to hire new employees. Corporations are called on to put patriotism first and help their country in hard times. Those corporations that cannot hire, are asked to stop firing for that month.
There has never been a time In American History where it is less difficult for Corporations to hire, and more helpful to all Americans if they did.
This may help us all.
HUFFPOST SUPER USER
Bocababs
09:08 AM on 01/29/2011
I am working for a nice older Gentleman who taught Economics at one time, Arianna. He told me yesterday that China in a few years will not look at good as they do now for our Corps. to send jobs overseas. He said as inflation hits, and the cost of oil goes up, along with a lot of other prices that drive our Economy, the jobs are going to come back to the US. He told me; "China is holding our Debt, but it is only Paper." Thoughts, anyone???
This user has chosen to opt out of the Badges program
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02:04 PM on 01/29/2011
Your friend needs to take a look at the past thirty years of history. Remember when the USSR was a potent force in the world rivaling the US? Remember how the US hollowed out its economy by forcing it into an arms race that its economy could not sustain? While the US is spending $700 billion a year on military, China is spending about $100 billion. When China begins to increase that, which it will surely do, given its economic success, the US will have only two choices: one, it will increase military expenditures thereby driving its population into extreme poverty or two, accept that it is a second banana world power. There is a third option that the Soviets also had that I don't dare even mention.
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HUFFPOST SUPER USER
Peter Noble 2
02:34 PM on 01/29/2011
Well put.
HUFFPOST SUPER USER
chuck becker
11:55 PM on 01/29/2011
As there are other elements of education beside spending per student (several that are actually more important than spending per student), there are several elements of military power, or world power, beside defense spending.  Looking at spending alone is simply looking at knowledge factoids, examining the elements of success yields wisdom and insight.

The United States has within reach a more capable military for less money:  http://captbecker.wordpress.com/2011/01/27/fixing-defense/
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Josia
Good Vibe Consultant
02:48 AM on 01/29/2011
"a GPS for the soul" - love that!!

Here is the map:

Once we open ourselves to something above knowledge, we begin to develop a special place in our heart for new sensations. This point is our soul - where the real journey begins.
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HUFFPOST SUPER USER
cayuse
Soaring Eagle, soaring to Spirit from the ego self
11:26 AM on 01/29/2011
A much easier sell when Maya hits so hard.

But if I have to work harder, 12 and 13 hours a day for what I use to make for 8 hours a day. Working and Sleeping 20 hours out of 24. 4 hours for deep meditation and home duties leave little for Deep Meditation

So, as fruitless as it is, you will here a lot of Maya from me for awhile. Yes, I am old enough to retire and could meditate all day. But if I have to work and pay taxes, I will speak about all this
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Josia
Good Vibe Consultant
02:18 PM on 01/29/2011
I have no idea who Maya is but I hear you.

People who lived hundreds of years ago could have only dreamed of the conditions we have nowadays - but we had no idea it would come with such a high price!

I'm not talking about meditation though - here's the key: http://www.enterthezohar.com/
11:22 PM on 01/28/2011
i wish that i was 1/2 as smart as you are :
i fed horses and cows today on my remote Wyoming ranch :
no world problems--laid back lifestyle :
i like to keep up with politics--a few times a week