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Marketplace Tech - At Davos, rich and powerful now comfortable with power of AI

At Davos, rich and powerful now comfortable with power of AI

01/27/25 • 7 min

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Marketplace Tech

Last week’s annual gathering of the rich and powerful at the World Economic Forum in Davos, Switzerland, was a bit overshadowed by the inauguration of Donald Trump in the U.S. The president made a virtual appearance at the conference, delivering a speech that hit on several of his recurring themes: tariffs, inflation and artificial intelligence. AI has been a big topic at the summit for several years. But the way it was treated this year felt different, according to Reed Albergotti, tech editor at news website Semafor. Marketplace’s Meghan McCarty Carino caught up with Albergotti just as he was wrapping up his reporting at Davos.


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Last week’s annual gathering of the rich and powerful at the World Economic Forum in Davos, Switzerland, was a bit overshadowed by the inauguration of Donald Trump in the U.S. The president made a virtual appearance at the conference, delivering a speech that hit on several of his recurring themes: tariffs, inflation and artificial intelligence. AI has been a big topic at the summit for several years. But the way it was treated this year felt different, according to Reed Albergotti, tech editor at news website Semafor. Marketplace’s Meghan McCarty Carino caught up with Albergotti just as he was wrapping up his reporting at Davos.


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undefined - Bytes: Week in Review — The Stargate project, Trump meme coins, and the TikTok flip-flop

Bytes: Week in Review — The Stargate project, Trump meme coins, and the TikTok flip-flop

There’s been quite a firehose of news this week, but we’re going to distill some of it into a nice, tall glass for you on today’s Marketplace “Tech Bytes: Week in Review.” We’ll dig into why some crypto insiders are upset with President Donald Trump over his preinaugural meme coins. Plus, the latest in the TikTok ban rollback and how Congress might respond. But first, amid the flurry of executive orders the president signed during his first week in office, he announced the Stargate project, a private, multiparty venture to build domestic artificial intelligence data centers. In attendance at the White House were OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son. The investment could be as much as $500 billion. Marketplace’s Meghan McCarty Carino spoke to Anita Ramaswamy, columnist at The Information, for her take on these stories.

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There’s no shortage of bullish voices on artificial intelligence among the titans of tech. But even many of the leading evangelists, in addition to prevailing pop culture narratives, tend to strike a note of impending doom when envisioning the future of the technology. Reid Hoffman wants us to consider the alternative. He’s the co-founder of LinkedIn, and a founding investor and former board member of OpenAI before he branched into other ventures, like Inflection AI. And his new book “Superagency: What Could Possibly Go Right with Our AI Future?” explores those alternatives. Marketplace’s Meghan McCarty Carino spoke with Hoffman about what he means by the idea of “superagency.”


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