World Economic Forum establishes new centre in hi-tech city San Francisco
Q. WEF is establishing a new centre in which city?- Published on 13 Oct 16a. San Pedro
b. San Jose
c. San Francisco
d. None of the above
ANSWER: San Francisco
World Economic Forum has established a new centre in San Francisco to connect tech companies and policy makers in the heart of the tech industry of the world
- WEF has organised its annual Davos meeting of global leaders and also opened toe new centre to focus on policy issues, develop new technologies such as AI, drones, IoT, digital currencies and more
- Office is named the Centre for the Fourth Industrial Revolution
- This is in light of the recent Davos gathering in January which promotes collaboration between industry stakeholders
- The plan is also to develop existing forum projects such as the security of connected devices, digital trade, and use of technologies to manage the oceans of the world
- It plans on collaboration to use existing Forum projects such as the security of connected devices, digital trade and use of new technologies to manage the oceans of the world
- The European Commission is in the planning stages of regulations to better secure Internet connected devices, amidst a wider overhaul of communications and digital policy aimed to enhance the regulatory environment to new technologies
- World Economic Forum is a Swiss non-profit foundation based in Cologny, Geneva
- The forum was founded in 1971 by Klaus Schwab, a German born professor at the University of Geneva
- First named the European Management Forum, it changed its name to the World Economic Forum in 1987
- It has aimed to broaden its vision to include a platform for resolving international conflicts
- Recognised by the Swiss authorities as an international institution for public-private cooperation, the mission aims at improving the state of the world by engaging political, business, academic and other leaders to shape global, regional and industry agendas
- The forum is best known for annual winter meetings in mountain resort Davos at the Alps region of Switzerland
