March 2025
Investing in people
In January 2025, global leaders—including Bank of America’s CEO Brian Moynihan—convened in Switzerland for the World Economic Forum Annual Meeting.
The meeting addressed key global and regional challenges by bringing together government, business and civil society to improve the world’s future. The forum’s theme, “Collaboration for the Intelligent Age,” highlighted five critical, interconnected priorities, one of which—Investing in People—focused on how both the public and private sectors can foster human capital development and create quality jobs to build a modern, resilient society.
As technology continues to advance, it is impacting everything from employment, skills, wealth distribution, health care, education and public services. One of the most urgent challenges is the need to reskill and upskill workers to meet the demands of the evolving economy and capitalize on the millions of new jobs in emerging and frontier fields which are higher up the value chain. Positive labor and job increases are already evident in the digital and service sectors, and it’s crucial to ensure that technological advancements lead to long-term, positive results for the workforce.
While nearly 40% of global employment is exposed to AI, it is anticipated that most of this impact will be to augment work rather than to fully automate existing occupations.1
Explore a library of video recordings of sessions from the Investing in People track to hear how global leaders are addressing key issues and actionable ideas that could inspire change at your company.
1 2025 World Economic Forum, weforum.org, January 2025.