Finding Optimism in a Crisis

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4 key Takeaways

Cooperation is more sensible than conflict

Cooperation is more sensible than conflict

The real antidote isn’t isolation, it’s information and cooperation. It’s often competition that drives innovation, but this competition shouldn’t get in the way of cooperation. We need to work together to develop global solutions that enable progress for the world as a whole.

Governments and businesses are merging

Governments and businesses are merging

We are in the midst of a global race to control digital infrastructure and data flows. Those who win this race will lead the world. Unless we defuse this digital arms race, organizations might not be able to operate independently in the new global order.

Deglobalization is not the answer

Deglobalization is not the answer

Building a wall is not the answer, but building a bridge might be. Our ability to communicate is what gives us an edge. Global networks and open lines of communication are the keys to conquering a crisis and the foundation for a healthy global economy.

Globalization and nationalism aren’t contradictory forces

Globalization and nationalism aren’t contradictory forces

Nationalism isn’t about hating foreigners and globalism isn’t about abandoning tradition. Globalism is a commitment to global rules that don’t deny the uniqueness of each nation or the loyalty of its people.

The liberal global order eased the flow of ideas, goods, money, and people across the globe. Though the order had its fair share of faults and flaws, it has proved superior to others that preceded it. The world of the early 21st century was more prosperous, healthy, and peaceful than ever before. Although people had started to lose faith in the global order, Covid-19 might be the tipping point. However, it is too early to tell.

At Infosys Confluence 2020, Prof. Yuval Noah Harari, historian, philosopher and best selling author, enlightened the audience on the future of the global order and the criticality of cooperation and communication, now and in the next.