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Davos Execs Lose Sleep Over AI, Quantum, and Whether Anyone Cares

Davos Execs Lose Sleep Over AI, Quantum, and Whether Anyone Cares
Photo by Yuhao Chen on Unsplash

KEY POINTS

  • At the World Economic Forum in Davos on January 19, 2026, Larry Fink opened discussions acknowledging global distrust of capitalism.
  • EY's Raj Sharma expressed concern about the need for advanced AI cybersecurity, while KPMG US's Tim Walsh warned quantum computing threatens all encryption.
  • Legal AI startup Harvey's CEO Winston Weinberg predicted an 'insane' year for mergers and acquisitions, fueling optimism among lawyers despite tariff troubles.

Day Two at Davos, the Alpine resort where billionaires gather to fret and posture, features heavy hitters like Microsoft’s Satya Nadella and BlackRock’s Larry Fink, who reminded everyone capitalism might actually need to evolve—no pressure. EY’s Raj Sharma lies awake worrying about 'industrial-level' AI security, because nothing says fun like building fortresses to stop chatbots or rogue algorithms from ruining your day. Meanwhile, KPMG US CEO Tim Walsh warned quantum computing will break every code, leaving executives to ponder if their passwords 'Password123' are secure. Add to that legal AI startup Harvey’s Winston Weinberg predicting an 'insane' merger year—great news for lawyers, ominous for rest of us. So yes, capitalism is at a crossroads, stock markets look good, and deregulation cheers fill the crisp mountain air. All to the tune of CEOs wondering if anyone outside their bubble actually cares.

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Source: Businessinsider | Published: 1/20/2026 | Author: Cheryl Teh,Jamie Heller,Dan DeFrancesco