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And I have to say in my memory, you were one of the most engaged and hardest-working participants here at the annual meeting.

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I watched you in the morning up to midnight sometimes, one engagement after the as a one.

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Dr. Swav, I'm flattered you to ask me to keynote.

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There's an expression in my old neighborhood back in the United States.

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This may be above my pay grade. It's not above yours though.

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You've written extensively on the topic that you've asked me to speak to.

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Mastering the fourth Industrial Revolution.

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As a magazine, the difference of this forced industrial revolution is it doesn't change what you are doing.

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It changes you if you take a genetic editing.

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Just as an example, it's you who are changed.

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And of course it says a big impact on your identity.

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Of course governments have a leading role, but if we want to address the global challenges,

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we need to engage business, civil society, the young generation,

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but we need to integrate particularly universities.

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Because universities should have new ideas, new concepts,

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and in such a way can substantially contribute to the progress of society.

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My second thought is related to take care and cultivate all our resources.

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It's not just the physical capital which is essential for our long term well-being.

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No, we have to take care and we have to cultivate also our natural capital,

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our environmental capital, our human capital, and our social capital.

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So we need a new and light and definition of what is called capitalism.

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I'm very impressed by the confusion notion of her,

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I think we have to find again the equilibrium in our world.

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We have to go away from the polarization which we see now everywhere.

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And in order to do so, I think the most important building stones are tools and trust.

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And again create task for the universities to look for the tools of the matters.

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And only if we have a organization that the nation and the global world,

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which is built on tools, we can really establish and re-establish trust again.

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We have now a window of opportunity to create this global reset which we all need.

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This global reset is necessary because we have seen that our policies which we pursued before

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see coronavirus struck us, so it's so policies do not create.

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See necessary inclusion of society, necessary for harmonious societal development.

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So we have a great opportunity at this moment like we had after World War II to have in some way a new world.

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We are now in our global cooperation in globalisation in managing our global affairs.

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We do not yet know the full extent and the systemic and structural changes which will happen.

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However, we do know that global energy systems, food systems and supply chains will be deeply affected.

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I think maybe in a couple of decades when people look back, the thing they will remember from the Covid crisis is this is the moment when everything went digital.

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And if this was the moment when everything became monitored, that we agreed to be surveyed all the time, not just in authoritarian machines,

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but even in democracies. And maybe most importantly, all this was the moment when surveillance started going under the skin.