Justin B. Smith Opens Bloomberg's New Economy Forum, Day Two

The second day of the New Economy Forum in Beijing focuses on building a global community to address urgent challenges like climate change, financial crises, and technological threats. The forum emphasizes the importance of public-private partnerships and community dialogue in finding solutions. Participants from over 50 countries engage in discussions to deepen friendships, share experiences, and unite for action. The event aims to foster an institution that grows annually, preserving the planet for future generations.

What is the primary purpose of the New Economy Forum gathering at Yanxi Lake?

• To promote tourism in Beijing

• To address global challenges

• To discuss technological advancements

• To celebrate cultural diversity

Which urgent issue was discussed on the opening day of the forum?

• The rise of digital currencies

• The future of space exploration

• The impact of social media

• Rising sea levels and ecological collapse

What is a potential risk associated with the combination of biotechnology and AI?

• Creation of new life forms

• Increased unemployment

• Decline in traditional industries

• Rise in global temperatures

What is emphasized as a solution to global problems in the forum?

• Increased government control

• Public-private partnerships

• Isolationist policies

• Technological isolation

What is the long-term vision for the New Economy Forum?

• To focus solely on financial markets

• To become a leading tourist attraction

• To be an annual event for technology enthusiasts

• To grow as an institution that outlasts its founders