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The growing cyber threat: Ransomware, China, and state-sponsored attacks
"Ransomware attacks surged 252% last year—hospitals, schools, and local governments are paying the price," said Brad Smith, Microsoft vice chair and president, during a Global Stage discussion at the 2025 Munich Security Conference.
Smith highlighted the evolving cybersecurity threats in 2025. While defenses have improved, China’s recent Salt Typhoon attack exposed vulnerabilities in US telecom networks, and ransomware has exploded—with over half of payments flowing to Russia and Iran. Smith warns that some of these attacks are state-sponsored or state-tolerated, calling for greater international collaboration to counter them.
Watch the full conversation here: Is the Europe-US rift leaving us all vulnerable?
This conversation is presented by GZERO in partnership with Microsoft from the 2025 Munich Security Conference in Munich, Germany. The Global Stage series convenes global leaders for critical conversations on the geopolitical and technological trends shaping our world.
Is the Europe-US rift leaving us all vulnerable?
As the tense and politically charged 2025 Munich Security Conference draws to a close, GZERO’s Global Stage series presents a conversation about strained relationships between the US and Europe, Ukraine's path ahead, and rising threats in cyberspace.
This provocative panel discussion was moderated by David Sanger, a White House and National Security Correspondent for The New York Times. It features GZERO and Eurasia Group Founder and President Ian Bremmer, Microsoft’s Vice Chair and President Brad Smith, European Parliament President Roberta Metsola, and former US Deputy National Security Advisor for Cyber and Emerging Technologies Anne Neuberger.
The group gathered atop the Hotel Bayerischer Hof, home to the Munich Security Conference for six decades, at a critical time for Europe and the world. Following a stunning and controversial speech from US Vice President J.D. Vance and concern about the next steps on the road to a potential ceasefire in Ukraine, our Global Stage program broke down key takeaways from the 61st MSC. It illuminated the threat landscape online as cyber-attacks escalate globally.
This livestream discussion is part of the Global Stage series at the 2025 Munich Security Conference, presented by GZERO in partnership with Microsoft.
Trump's early action on AI
“The interesting thing about Donald Trump,” said Brad Smith, Vice Chair and President of Microsoft, “is that this is not his first time as president of the United States.”
As the 47th president begins his second term, conversations about artificial intelligence are again taking center stage. Speaking at Davos, Smith reflected on Trump’s earlier efforts to prioritize AI during his first administration, citing the groundbreaking 2019 executive order that laid the foundation for US leadership in the field.
The order focused on three key pillars: investing in AI research and development, skilling the workforce for the AI-driven future, and opening global markets for American innovation. Smith sees Trump’s return to office as an opportunity to reinvigorate these priorities with renewed energy.
With AI rapidly reshaping industries and societies, early signals from the new administration suggest a continued commitment to ensuring the United States remains at the forefront of this critical technological revolution. As Smith put it, “he has an opportunity to bring even more energy to that.”
This conversation, moderated by Becky Anderson, was part of the Global Stage series at the 2025 World Economic Forum in Davos, Switzerland, presented by GZERO in partnership with Microsoft.
Click to watch the full discussion for our panel's insights on AI's future and how it is expected to transform our economy and society by 2030.
Exporting AI in a responsible and secure way
Tech giants like Microsoft are backing a massive effort to add AI data centers worldwide, including a $1.5 billion investment to introduce the latest Microsoft AI technologies to the UAE. Speaking at Davos, Brad Smith, Vice Chair and President of Microsoft, discussed the importance of bringing AI to countries in a responsible way.
Smith highlighted that international cooperation around the use of AI is key. That includes creating bilateral agreements between countries and developing goal-oriented initiatives with AI companies. Such measures would “ensure that the AI technology and the graphic processing units would be secure. They wouldn't be diverted for improper uses,” said Smith.
Microsoft’s approach to advancing AI responsibly echoes the global frameworks developed around other technologies. Smith emphasized, “What you see is the emergence of a new regime to export AI around the world as nuclear power was exported around the world.”
This conversation, moderated by Becky Anderson, was part of the Global Stage series at the 2025 World Economic Forum in Davos, Switzerland, presented by GZERO in partnership with Microsoft.
Click to watch the full discussion for our panel's insights on AI's future and how it is expected to transform our economy and society by 2030.
AI in 2025: The "new electricity" could create huge economic growth
Artificial intelligence is no longer a distant vision of the future—it’s here, and it’s transforming the way we live, work, and innovate. At the 2025 World Economic Forum in Davos, Switzerland, our Global Stage panel brought together some of the world’s brightest minds to discuss the profound impact AI could have on global growth, society, and infrastructure.
Our thought-provoking panel discussion, moderated by Becky Anderson, Anchor & Managing Editor of CNN Abu Dhabi, featured Ian Bremmer, President and Founder of Eurasia Group and GZERO Media; Nadia Calviño, President of the European Investment Bank; Ngozi Okonjo-Iweala, Director General of the WTO; Brad Smith, Vice Chair and President of Microsoft; and Peng Xiao, CEO of G42. They shared unique insights into the opportunities and challenges of the AI revolution.
We’ve entered a new phase of the AI conversation, moving beyond debates over whether it will save or destroy humanity. Instead, the focus has shifted to the ways this powerful technology, when used correctly and ethically, can enhance human life. From revolutionizing healthcare and expediting scientific breakthroughs to creating infrastructure investment opportunities, AI holds the potential to contribute up to $20 trillion to global GDP over the next five years.
Geopolitical competition is also heating up. While the US-China rivalry dominates headlines, the Middle East—particularly the UAE—is emerging as a significant player in the AI space with increasing investments and innovations.
As Microsoft's Brad Smith noted during the expert panel discussion, AI could become as essential as electricity. However, ensuring its benefits are equitably shared across all societies is vital. Achieving this requires collaboration between governments, multilateral organizations, and private sector leaders.
Watch the full discussion now for our panel's insights on AI's future, and how it is expected to transform our economy society by 2030.
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From Davos: Watch our Global Stage discussion on the AI economy
At this year's World Economic Forum in Davos, Switzerland, our Global Stage panel discussion, "The AI Economy: An Engine for Local Growth", will examine AI’s growing global impact, the potential for enormous benefits to society, and the investments necessary to ensure equitable diffusion and adoption of AI tools. As artificial intelligence continues to reshape economies, its potential to drive massive growth is undeniable. The International Data Corporation (IDC) estimates that through 2030, AI will contribute $19.9 trillion to global GDP and drive 3.5% growth. However, realizing this potential requires careful attention to how and where AI expands, and who is included in its growth.
Watch the live premiere now at gzeromedia.com/globalstage.
Participants:
- Ian Bremmer, President and Founder, Eurasia Group and GZERO Media
- Nadia Calviño, President, European Investment Bank
- Ngozi Okonjo-Iweala, Director General, World Trade Organization
- Brad Smith, Vice Chair and President, Microsoft
- Peng Xiao, CEO, G42
- Becky Anderson, (moderator) Host of CNN Connect and Managing Editor of CNN Abu Dhabi
This livestream is the latest in the Webby-nominated Global Stage series, a partnership between GZERO and Microsoft that examines critical issues at the intersection of technology, politics, and society.
Live premiere: Wednesday, January 22 at 11 AM ET/ 5 PM CET
- Ian Bremmer and Amina Mohammed on the promise and peril of AI ›
- Tech accord on AI & elections will help manage the ‘new reality,’ says Microsoft’s Brad Smith ›
- Davos 2024: China, AI & key topics dominating at the World Economic Forum ›
- Ian Explains: How will AI impact the workplace? ›
- Davos 2024: AI is having a moment at the World Economic Forum ›
Why true AI progress is dependent on collective engagement
AI’s impact on healthcare is expected to outpace education, according to Microsoft’s Brad Smith. AI is revolutionizing drug discovery and precision medicine, flowing naturally to doctors. But education evolves more slowly—tools alone aren't enough. It requires buy-in from teachers, students, and families. Smith emphasizes that while technology offers potential, true progress happens when people are brought along together on the journey, ensuring AI serves society.
Smith spoke during GZERO’s Global Stage livestream, “Live from the United Nations: Securing our Digital Future,” an event produced in partnership between the Complex Risk Analytics Fund, or CRAF’d, and GZERO Media’s Global Stage series, sponsored by Microsoft.
How AI is tackling food security, disaster response and other global challenges
AI for Good is more than a buzzword—it's a powerful tool tackling global challenges like food security, disaster response, and water conservation. Microsoft’s Brad Smith highlights real-world examples, such as using AI to analyze water data in Kenya, offering actionable solutions for governments and communities. Through collaborations with universities and NGOs, AI is driving progress on the UN's Sustainable Development Goals, turning technology into a force for societal improvement.
Smith spoke during GZERO’s Global Stage livestream, “Live from the United Nations: Securing our Digital Future,” an event produced in partnership between the Complex Risk Analytics Fund, or CRAF’d, and GZERO Media’s Global Stage series, sponsored by Microsoft.