Skip to main content

The AI's Role in the Great Reset

  • Chapter
  • First Online:
AI in the Financial Markets

Abstract

The phrase “Great Reset” is now in the public domain and appears in a number of analyses and discussions. However, we often remain ambiguous in this regard. It may be helpful to read the World Economic Forum's so-called white paper, Resetting the Future of Work Agenda in a Post-Covid World, to understand what theorists of this epochal maneuver are aiming for. This 31-page document describes how to run (or, as they say these days, implement) the software included in the CoViD-19 book. World Economic Forum founder Klaus Schwab and Thierry Malleret co-wrote The Great Reset (Schwab and Malleret in COVID-19: The Big Reset, 2020; Umbrello in The Journal Value Inquiry:1–8, 2021; Roth in European Management Journal 39.5:538–544, 2021). Why devote an entire chapter to this topic in a book about AI and its applications in finance? It’s simple: updating the financial world to make it safer, more understandable, and more manageable necessitates extensive use of AI technologies. These technologies can be harmful up to a point.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 149.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 199.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 199.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • K. Schwab, T. Malleret, COVID-19: The Big Reset (2020)

    Google Scholar 

  • S. Umbrello, “Should we start over? ‘COVID-19: the great reset’ ed. by K. Schwab, T. Malleret is reviewed”. J. Value Inquiry 1–8 (2021)

    Google Scholar 

  • S. Roth, The great paradigm shift in management and organizational theory. A European point of view. Europ. Managem. J. 39.5, 538–544 (2021)

    Google Scholar 

  • J.M. Puaschunder, Environmental, social, and corporate governance (ESG) diplomacy: a corporate and financial social justice great reset is required. in The Proceedings of the 23rd Research Association for Interdisciplinary Studies (RAIS) Conference (2021) pp. 119–124

    Google Scholar 

  • M.M. Da Silva Vieira, School culture and innovation: does the COVID-19 post-pandemic world invite transition or rupture?. Europ. J. Soc. Sci. Educ. Res. 7.2, 23–34 (2020)

    Google Scholar 

  • J.P. Murmann et al., Evolutionary thought in management and organization theory at the turn of the millennium: a symposium on the state of the art and future research opportunities. J. Managem. Inquiry 12.1, 22–40 (2003)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Federico Cecconi .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2023 The Author(s), under exclusive license to Springer Nature Switzerland AG

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Cecconi, F. (2023). The AI's Role in the Great Reset. In: Cecconi, F. (eds) AI in the Financial Markets . Computational Social Sciences. Springer, Cham. https://doi.org/10.1007/978-3-031-26518-1_4

Download citation

  • DOI: https://doi.org/10.1007/978-3-031-26518-1_4

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-26517-4

  • Online ISBN: 978-3-031-26518-1

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics