 Good morning, good afternoon, and good evening to all of you. Welcome to this closing plenary of the Jobs Reset Summit, a call to action for resetting the social contract. I'm Sadia Zahidi from the World Economic Forum. Welcome to all of you. You just heard in that video the co-chairs and leaders involved with this summit lay out very precisely the challenges that we're facing, but also the huge opportunity that this crisis offers us to be able to make a change and quite fundamentally reset the social contract. Now, I have the great pleasure of having with us our founder and executive chairman and four global shapers that I will introduce shortly. But I did want to thank the many of you that have been involved in these conversations over the last four days. We had over 170 leaders and organizations join the conversations over a thousand people that joined our platform through the World Economic Forum and nearly half a million people that watched all of the live stream conversations and millions more that were reached through social media. I think the reason for this strong resonance has been how critical this topic of economic growth and revival of the Jobs Reset, of education skills and lifelong learning and of equity inclusion and social justice is today. I'd also particularly like to thank the 16 co-chairs of the summit that really took on each of the four days themes and drove forward, not only the development of the program and the conversations and their networks, but this event is just the start of that conversation. They will be carrying forward a number of these initiatives with us and helping create that better vision and better outcomes for the economy, for jobs, for skills and for equity. Now, for today, we want to try to do something that is an almost impossible task, which is bring home four days of conversations and start talking about what might be the highlights, the priorities and then, of course, the key features of this new social contract. I'm going to very briefly introduce the panelists. Klaus Schwab is a founder and executive chairman of the World Economic Forum. Welcome, Professor Schwab. Thank you. And then we have four global shapers. The shapers are a community of young people under the age of 30 in 400 city hubs, even more, 400 and counting around the world. And we're joined by Jumi from Nigeria, Leti from Mexico, Parv from Chicago and Panos from Greece. Now, I know that they're all in different locations at the moment, but I'm giving you their country of origin and I'm addressing them with their nicknames. You should absolutely go and take a look at their very illustrious biographies. Professor Schwab, I'm going to turn it over to you first. What were your key highlights, takeaways and priorities from the last four days of discussions? Thank you very much, Sadia. I have three major takeaways. First, the World Economic Forum is now very much engaged into this initiative of shaping a great reset for the post-corona era. And of course, the objective of this reset is to make the world more resilient, more sustainable and also more fair and more inclusive. Now, in order to make the world more fair and inclusive, I think the key word is jobs. And here I have learned during the summit many aspects of how we should approach, let's say, the creation of skills for tomorrow and so on. But the second for me major element was we need to address this issue, not just in terms of our policies, what we need, but also in terms of changing our mindset. And here what is at the forefront is to create a new model, a new concept, a new definition of capitalism. Capitalism in the old definition comprises only financial capital. But actually, human and social capital is as, and of course, natural capital is as important as financial capital. And for me, this means to enhance even our steps, our important steps we are undertaking to have business leaders accepting to report on the ESGs. But one of the highlights for me was the lounge of the dashboard for a new economy, because it means that governments should also be measured and judged not only in terms of GDP growth, but on the basis of peace, prosperity, people, planet and principles for good governance. And finally, in all the sessions, that's my third conclusion, practically in every session it was evident how much public-private cooperation is needed. So all those issues cannot be solved by governments, business or civil society alone. We need collaborative efforts and I'm very happy that we have four global shapers, because it's your world which we are discussing here. And to integrate you into this great reset initiative is absolutely essential. Back to you, Sadia. Thank you very much. Jimmy, Professor Schwab just referred to this idea of broadening out beyond GDP and ensuring that as we head towards an economic revival, we are not relying only on the metrics of the past. Now, I know you were following closely the discussions on day one on economic growth, revival and transformation. Share with us your highlights and your key priorities moving forward. Thank you, Sadia. Jimmy, hold on for a second. We're just going to try to see if we can ensure your sound is back up. Okay, we're going to let our tech team work with you on ensuring that your sound is back on. It might be an issue with the headset. Letty, I'm going to move it over to you, because Professor Schwab also mentioned how jobs are basically the red thread that connect these four days. And if we have jobs and if we do have better learning and earning potential for everyone that could certainly help with some of the social challenges we face today. So let me come over to you. And if you could share with me your highlights and your key priorities from day two, and then I'm going to come back to you, Jimmy. Thank you so much, Sadia, and thanks everyone for joining. I think that for me, for day two, it was a big reminder on why it is important to have this conversation around jobs, around work. And I think that I want to bring a couple of ideas. One is that it is incredibly important to talk about work because we spend one third, yes, one third of our adult life working. And this activity is rapidly evolving and has a great impact, not only in our own quality of life, also in our communities and our countries. And this activity that we spend a lot of time performing is rapidly evolving. The worlds of work and education are changing faster than ever. And I think that one of my key takeaways from the second day is that there are multiple forces shaping this change. One of them is of course technology. When we talk about the evolution of work, the future of work, we tend to think about technology immediately. But there are also other forces. For instance, Linda Granton talked about how life expectancy is growing and how we have many demographic changes that are also changing the nature of work. We talked about climate change and migration as forces that are also shaping the world of work. And the intersection in these two topics, climate refugees, that should also have decent and good job opportunities. And finally, COVID as another imminent force that has shaped how we work. My final thought is that this challenge of the fast evolution of work is so big that one actor alone cannot tackle the challenge. We need really to work on multi-stakeholder collaboration between of course the private sector, but also companies looking to support their workforces, technology companies that can map potential job transitions, of course labor unions that are aware of the impact and community organizations. And in this last part, the global shippers community plays a big role as co-chair of the education and employment steering committee. I want to rectify our commitment with the global youth, especially the more vulnerable populations. And we really want to continue as a steering committee to renew our commitment with the goal of strengthening market race skills in 100,000 people while also advocating for more inclusive workplaces. But of course to actually deliver this reset of the social contract, we need to trust each other, we need multi-stakeholder collaboration and we need to be willing to adapt. Because I think that my final thought and key takeaway is that the evolution of work, getting ready for the evolution of work is similar to sailing, in the sense that the pessimist will complain about the wind, the optimist will expect that the wind is going to change and the realist will adjust the sales. And to navigate to a better world of work, we need to be realistic, adapt and work together. Thank you. I think that is great advice for all of us. Thank you. That was very helpful. Jimmy, let me try and see if your sound is working again and we'll bring you back in for day one and your key highlights and priorities. Fortunately, we seem to have the same same issue again. All right, we're going to get the tech team to keep working on that and hopefully we bring you back. Try just one more time. No, unfortunately, that's not working. All right, we're going to come back to you. I'll come back to you last so that gives us time to resolve that issue. All right, Parv, you heard from Leti the importance around sort of the future of work, but if we think about jobs being the big red thread, skills are really the currency of this new labor market that we're moving into. So tell us more about your priorities, your takeaways from day three. So I can speak about day four of the summit, focus on equity and inclusion and then Panos can come back and talk about day three. So equity and inclusion are so often an afterthought sprinkled atop existing plans and our global systems were not designed to work for everyone. It really will take intentional effort to chart a path toward transformational change. And particularly in these times of fear and uncertainty, we have to keep showing up for black and brown youth and families, people living in poverty, people with disabilities, immigrants and refugees, women and girls, queer and trans people, and the planet. At the summit today we heard about the business case for equity and justice, the need to walk the talk to reimagine public policy processes to reach those furthest behind the line of opportunity, and to push every person in a position of power to understand our power, privilege and unconscious bias. I'm very optimistic about the opportunity to reimagine the arrangements and structures that seemed normal, but have really been called into question and work together to build a more equitable and just society that works for everyone. So my call to action to organizations in the corporate and social sector and in government. We need to move beyond public statements and performative allyship and make diversity equity and inclusion a core business priority. How to do that. First face into the data, the numbers and the narrative to honor the humanity of those furthest from opportunity. Listen to and work with people most affected by systemic inequities to co create solutions. This means both improving access to leadership opportunities within your organizations and creating formal ways for community voice and engagement to play a role in decisions beyond just being informed or consulted. Second institutionalized shifts in policies resources practices and power to the priority populations you value conduct regular racial equity impact analyses of internal policies and processes and proactively work to create an inclusive workplace that works for women and minorities. Hold leaders accountable to real data and metrics tangible progress. Too often organizations think they're doing enough by creating spaces for training and development, but we know while it's important to prioritize resources to support employees to engage in anti racism work. Diversity training alone won't change behavior. It's all about structural and systems change, not just in your organizations, but in every institution. So we ask everyone to do your part to mobilize and catalyze cross sector partners to do the same. So in closing, only by shifting power to communities of color can we really create this more equitable and just and inclusive society. So I call on everyone to make a commitment today to do your part to be a co conspirator for justice. Thank you very much, Parv. I was doing a terrible job of following the appropriate order in terms of far speaking. Thank you for having corrected me and thank you for coming in with today's outcomes. And I'm not only very proud of all of the work that the global shapers are doing, but also the commitments that were made today by a number of businesses around racial justice around disability inclusion around gender equality and around LGBTI inclusion. I think this has been one of the most important achievements at the summit today. So thank you for that. Let me go to you Panos and come back to you with the skills related question. And I know that you've driven forward a very impactful initiative as well. So share with us your highlights and your priorities. Thanks Aria and congrats on I get another amazing summit, you know, having to deliver remarks after Parv feels like having to sing opera after Maria Callas, but I'll do, I'll do my best. So three, three main takeaways on my side is first on the coordination side. I guess the silver lining of COVID is that there is a growing realization that skills is now the new currency. And we really need to see this post COVID momentum to foster coordination both at a global but also at a local level. As a society, we are paying a very heavy price for poor coordination efforts, which amongst others, you know, accelerates inequality hinders all recovery efforts across the grow across the board. So we really need a global trusted amplifier to lead those coordination efforts. And I believe that the forum is by any measure the most befitting organization to take up on this role. But we should not underestimate the local level as well. And a great example is what you just mentioned the skills accelerator that we are jointly launching in Greece and we are very excited about that to build on the amazing impact that we had partnering with many of the organizations represented in your summit like Microsoft, Coursera, LinkedIn learning and others rolling out nationwide employment and skilling initiatives. Now, point number two is really about automation and the impact of jobs. So my Kinsey recently run a study looking on jobs and why came out is no job is fully one thing you've got to you've got to look into the constituent activities and the impact of AI in each one of them to really understand the landscape of risks and opportunities. So the partner, the pattern that has emerged was that obviously we're going to have jobs gained jobs loss job chains, but the delta between jobs gained and jobs lost will be positive eventually, which is a good thing. Now, the tricky part is how we manage the transitions. The serve of jobs and occupations that can be fully automated in terms of all of their constituent activities is actually relatively small and it will remain so. So how we're managing those transitions in terms of job chains. Here at Stanford Institute for Human Center AI, we do a lot of research on how to design those new generation of deep technologies having human at the center. So design those technologies to augment and complement versus replace humans in particular given the 100 million or something new tech jobs projected to be needed as your team announced yesterday. Third point and final and final on my side is really about empathy. So in those very trying trying times, whereas institutional alignment and action is of course critical, we should not forget of the importance of empathy and not only as a soft skills. Little acts of kindness can literally change people's lives as we've seen again and again with three generation in Greece. I can't help but mention my professor, former professor at the business school and renowned philanthropist Laura Andreessen, who used to say that each one of us can be an individual philanthropist. We just need to pick our currency, whether it's capital time, whatever sort of resources. So make no mistake, wherever you live, there is a civil society organization out there that needs you with we're talking about skills. We've seen again and again across the world that the lack of social capital is a huge barrier to opportunity, in particular for youth. So whatever time you have available, please reach out, you know, mentor someone help them to reskill up skill themselves, teach them something, help them to elevate their status. At the end of the day, beyond all this technical conversation on skills and jobs, we shall never forget that fundamentally, we rise by lifting others. So it's not about the future of working abstract technical terms, but most critically, about the future of workers and the work of the future. Back to you, Sadia. Thank you, Panos. Thank you. A very critical reminder that skills are both technical and human and really are only going to be transferable. If we are all speaking to each other collaborating with each other, this is not just about a technical download of skills. So thank you for that. Jumi, let me try one more time. I really hope that we can now hear you. I hope you can too. Yes, we can. Fantastic. Excellent. Thank you so much. And I'm really grateful for this opportunity. I think I want to start by saying that the theme of the topic of economic growth, revival and transformation really hit home for me, particularly at this time in my home country of Nigeria, where we are experiencing as the rest of the world, a health care shock, an economic shock, but also a social upheaval where we have young people who are protesting for their right to end police brutality, but also to see better governance and who really just want inclusive and sustainable economic growth and revival. And so the urgency of this summit really is not lost on me. From day one, one of the major points that I took home was that the direction of our vision is key. And that's because we will head in the direction of our vision. And so when we begin to think of ideas that were expressed such as the concept of net zero on unemployment as the direction that corporates can envision as they look at ESG investing so environmental, social and corporate governance. And that's a concept that we need to really take to heart and ensure that we're heading in that direction. Our eyes was really aim for net zero on unemployment. And so as Panos was speaking about upskilling not being an abstract concept that really hit home for me. But corporates aren't the only stakeholders who need to have their visions aligned. The policy makers are really the levers the greatest levers for social change and so for policy makers, really it's back to the basics, investing in basic infrastructure, such as broadband Internet in order to bridge the digital divide, investing in education and across all age spectrums right so from very early childhood education to adult learning or re skilling, but third persisting with a mindset of optimism, despite that the heart troops of a broken social contract that many young people around the world are feeling today so it's the stockdale paradox if you will. We also need from governments active labor market policies and something that I thought was quite interesting that I learned towards the need for trade finance instruments to help facilitate the shipment of goods across borders, even in this pandemic and recognizing that indeed trade has literally been a life saver for us during the pandemic, but not only do we need to adjust our vision and even as the map has underlined we need to reset our minds. So, having a mind shift from this concept of shareholder capitalism to stakeholder capitalism, we need to reset our thinking from really aiming for for job security to employment security where our focus is ensuring that the labor force can continue to train, reskill, retrain and always be in a position to contribute to the economy only then can we be guaranteed that we have economic revival and all stakeholders including young people are involved and so what can young people do I think there is heard some global shapers share their ideas and commitments but individually also committing to lifelong learning and recognizing that we also have a proactive stance to take we're not just being acted upon by other stakeholders but we are agents of change and all right and by really engaging in this lifelong learning we have an opportunity to ensure that not only are we getting knowledge but we're connecting with others and engaging with different stakeholders to ensure that we really have that transformational impact inclusive growth that we're looking for so yes indeed that the pandemic has brought us out of the illusion that the status quo is going to last so that it's ever going to be sustainable and truly only a reset of our minds only a reset of how we think can really bring the revival and transformation that we're looking for. Great for this opportunity. Thank you. Thank you Jimmy and I'm very glad we resolved the the tech troubles because that is a very very important point that you just made. All of you have mentioned the need for new metrics all of you have mentioned the need for new solutions and new standards for this new context that we're in and all of you have mentioned the need for public private collaboration and partnerships. I want to turn this over our work is just beginning and I want to turn this over to our founder and executive chairman to share with us his views on the new emerging features of the social contract that we need for this new economy for this new society that we all want to try to build together Professor Schwab over to you for final words and for bringing the summit to a close. Thank you very much. Since the time is running out. And I think the global chapels have very well summarized what happened. And of course all those aspects have to be part of a new or revised global social contract global national and of course local social contracts. But the point I want to make is when we look at the definition of a new social contract. Of course we want to define policies to address all the issues. But what is important for me if I look particularly at the impact of the force industry revolution to a certain extent also of the if I look at the disruptive nature of the structural change which we the fellow of Kobe. I think we should use the social contract as an expression of the transition of one world to another world. When we look back we are still living in the age to a certain extent of the first second and third industrial revolution. Our life is still determined by production and consumption. But if we look at the days of let's say technologies which will facilitate work which will take over work not replace us. I think the key narrative which we should have is to move from a society which is built on production and consumption to a society which is built on caring and sharing. I think if we can integrate those two notions into the new social contract. So we really have changed the page. I turned the page and actually it's needed because the technological forces provide us with this great opportunity to go to a new and I'm away. As you see I'm an optimist. I believe at a better future. I think the history of humankind is going even if there are setbacks but from achievement to achievement and the next achievement should be to build a society of sharing and caring. So let me conclude this is summit also by saying it is just a step in a process. And actually Sadia you have already lined out what should be the milestones of achievement in the next three years in 21 in 22 and in 23. And also integrate those discussions into our big reset initiative. So thank you all. You have already given also thanks to the to the shapers I would like to join you in appreciating to have you in the final session I think it's symbolic. Of course so many people have contributed to the success of this meeting and I think we can speak about the success looking at the engagement everybody had that I wanted to thank you Sadia and your team because four days with so many sessions to do. You have shown not only intellectual leadership with your team, but great passion because I know scissors for you not just one of the many, let's say challenges. It's for your passion. It's for your passion and I would end because this let's say some hiccup in our Nigerian communication. I I want to to send calls as a technical team because we are now in the age of virtual interaction and I think they have done a great job to make sure that our interaction was always smooth. So thanks everybody. You have our commitment. It was mentioned in one of the statements. You have our commitment to act as an amplifying platform to take all this output and to make sure that we achieve what we wanted to do a world where everybody has a decent life and the decent life is also connected and intertwined with a decent job. So thank you and it's very best to you all.