unDavos Summit

AI in Action: What Works in Health Operations | REWIRE for Health × unDavos

95% of AI pilots fail to deliver measurable ROI (MIT, 2025). 72% of CIOs are breaking even or losing money on AI (Gartner, 2025). This 90-minute session confronts those numbers head-on — no buzzwords, no framework decks, just hands-on AI application and a clear-eyed look at the real barriers in pharma, medtech, and health insurance. WHAT THIS SESSION COVERS * Where AI actually delivers ROI in health operations today * Practical examples from pharma, medtech, and health insurance workflows * The #1 barrier to AI integration — and what to do about it * Moving from "pilot purgatory" to measurable results * Insufficient skills, organizational resistance, and the ambition-reality gap SPEAKERS • Mark Turrell — Founder of unDavos, WEF Technology Pioneer and Young Global Leader. 16 years co-founding Imaginatik (collaborative innovation for Novartis, Pfizer, Merck, Bayer, IBM). Professor of Global Strategy at Hult International Business School. • Stéphanie Kioutsoukis — Founder & CEO of Fresh Strategy & AI Solutions, creator of the REWIRE for Health programme. 20+ years of innovation across health sector including Novartis, GSK, Unilever, Medela, and public health organisations. This session is part of the REWIRE for Health programme by Fresh Strategy, in collaboration with the unDavos Summit. 🌐 undavos.com [https://undavos.com] ---------------------------------------- TRANSCRIPT Today we have with us Mark Terrell, the founder of Andavos, and Stephanie Kiotzoukis is the founder and CEO of Fresh Strategy AI Solutions. Together, they will explore AI in action, what actually works in health sector operations, and through a clear-eyed look at real-world ROIs, practical workflows in pharma and medtech, and a roadmap to escape pilots' purgatory. And with that, I welcome you, Mark and Stephanie. The stage is yours. Very good. Thank you very much, everybody. Lovely to see you. Hi, everyone. Good to see you. So, thank you very much for joining, and to those people that are watching live, and then also those people that will be looking afterwards on the YouTube and the podcast as well. This is going to be a very interesting session, and maybe if I just give it some Davos context as well. So, this year we had our fourth Health at Davos conference, and that's as part of maybe 15 other sort of micro-conferences we do as part of the Andavos Summit. AI clearly has been one of those topics that, since it first popped up, it's never gone away, and it's still there, and it's ever-present. What's quite fascinating, though, is that, in our experience and getting feedback, is there's a lot of talk around the big, high-picture strategy and concepts in AI, but relatively little on what does it mean for me. What does it mean for us? What does it mean for my company in a practical perspective? So, that's why after Davos in 23, we started with Stephanie and with some others as well, but it's really doing AI in action workshops and training. This is an evolution, and it's going sort of way past that. What I'll do is I'll actually have Stephanie will be sort of running most of the show. I'm still guiding, but what we're going to be doing then is we're going to do this thing a little bit different. We're not going to take you through lots of slides. We're going to do quite a lot of hands-on work, because we're really giving you what is the latest and the greatest in this whole world of AI, with an angle looking specifically then at healthcare and the health sector, but others as well. So, with that, I'll say thanks, and then I'll pass over to Stephanie. Yes, maybe I should introduce myself. So, my background is actually in the health sector, spent many years working for Pharma, MedTech, and so in Novartis, GSK, Medela, if that rings a bell with some of you. So, I have a big passion for really the sector and the value that the

Recoding Business: The AI Transformation Flywheel | unDavos 2026

"I would rather overspend by $200 billion than be on the wrong side of that bet." — Mark Zuckerberg on AI infrastructure. Professor Vijay Gurbaxani argues we are at the dawn of the next industrial revolution — and most companies are approaching it myopically. **WHAT THIS PANEL COVERS** → Why AI is not just another efficiency tool — it is a general purpose technology that shifts the entire production frontier, transforming what companies can do with the people and machines they already have → The AI Transformation Flywheel: a comprehensive framework linking vision, value proposition, technology ecosystem, talent, culture, and operating model into a self-reinforcing cycle → How Reuters uses AI to write first-draft financial news for speed, then reinvests savings into hiring original news reporters worldwide — competitive differentiation through AI, not cost-cutting → Dr. Treat: a two-clinic veterinary startup that used AI-assisted consultations and an insurance database to deliver superior care, earning acquisition by a 700-location private equity firm → Why data and proprietary know-how are becoming the primary competitive moat when all companies have access to the same AI platforms → The winner-takes-most dynamic in AI markets — not winner-takes-all, but consolidation toward two or three dominant players per segment **PANELISTS** • **PANELISTS** • Stephan Balzer — Keynote Speaker, Host & Moderator; Managing Director, red onion *(Moderator)* • Prof. Vijay Gurbaxani — Taco Bell Endowed Professor of Technology Management & Computer Science; Founding Director, Center for Digital Transformation, UC Irvine **KEY QUOTES** "Every single job in our company is going to be affected by AI." — Doug McMillon, CEO of Walmart "This is not an efficiency tool. This thing is going to transform the world for better and for worse." — Prof. Vijay Gurbaxani "I would rather overspend by $200 billion than be on the wrong side of that bet." — Mark Zuckerberg unDavos is a community-driven summit running during WEF week in Davos, democratizing the conversation around global challenges. 🌐 undavos.com [https://undavos.com] Tags: AI transformation, AI flywheel, digital transformation, AI strategy, competitive advantage, Reuters AI, Dr Treat veterinary AI, AI first company, AI intensive, value proposition, data moat, AI investment, production frontier, general purpose technology, UC Irvine, Vijay Gurbaxani, Davos 2026, unDavos, REWIRE, next industrial revolution, McKinsey AI, winner takes most ---------------------------------------- TRANSCRIPT So, here we are back, welcome, I hope you were able to refresh in the break and we want to continue with a different format, we call this the fireside chat, that you know we don't have a fire behind us, but hopefully we need it, yes we need the fire in Switzerland, right? So, first, give a warm welcome to our guest, and I will start and you can stop if I talk about you too long, Vijay Gorbaksani is the Taco Bell Endowed Professor of Technology Management and the founding director of the Center of Digital Transformation at UC Irvine, and you're specializing in digital transformation? Correct. Like one of the key things we're discussing here, AI strategy and the economics of technology, which is a great combination, looking back to the panel we had before, and it says here that you're blending rigorous academic research with practical insights to guide business leaders and boards, so also the topic we just touched upon, into adopting AI, so there's more to talk with you about, but maybe you want to take it from there and share your first thoughts. You want me to, just to make it clear, so first of all, good afternoon to everybody, it's lovely to meet all of you, and the last panel was absolutely fantastic, and I hope to be able to add something beyond that, but you want me to talk for about five min

Vendor Energy System - Decentralized Power Generation Without Fuel, Batteries or Grid | unDavos 2026

Dr. Vitaly Peretashenko presents Vendor Energy System, a solid-state parametric electrodynamic generator that operates without fuel, batteries, wind or solar — just physics. After a patient died during a blackout early in his medical career, Vitaly pivoted to energy research and concluded that the bottleneck isn't energy itself but architecture: centralised grids where any single line can break, causing cascading failures like the five-billion-euro Spain-Portugal blackout. Vendor's hardware has been tested for over 1,000 hours under heavy load (4+ kW) at TRL 5-6. The software layer adds decentralised control with a dual-token protocol (MECA-compliant) — one token for transaction processing and system operations, another for capacity allocation and physical access. The vision: install generators in homes and EVs that form a peer-to-peer energy network — if one node fails, the rest keep running. Within three to five years, a million mobile energy points across Europe could deliver 70-120 billion euros in annual structural savings for the EU. SPEAKERS • Dr. Vitaly Peretashenko — Founder, Vendor Energy System | Physicist & Doctor • Yaros — Host & Moderator unDavos — unconventional conversations at Davos. 200+ sessions across 12 tracks, bringing together founders, investors, policymakers and scientists for the discussions that matter.🔗 https://undavos.com📺 https://www.youtube.com/@undavos 🌐 undavos.com [https://undavos.com] ---------------------------------------- TRANSCRIPT Hey guys, it's a pleasure to be here and to start this amazing day here in Davos. I would like to introduce Mr. Vitaly Peretashenko to you. Mr. Vitaly is a lot of things. He's a doctor, he's a physicist, but he's not really a speaker. This is his very first experience on stage, so I would like everyone to give him a little patience and a little understanding. Thank you so much, Vitaly. Go Vitaly! Thank you. Thank you, Yaros. Tell us your story. Thank you, Yaros, and good morning everyone. I want to tell you about the future of energy and not about solar energy, wind energy, or nuclear energy. I want to tell you about a little story. When I was young, I was a doctor, and one day the patient died. His heart stopped, not because of disease, but because of blackout. After that, I started researching, and I realized that energy is not a bottleneck. Architecture is. In this slide, you see a snowflake, but this is a modern energy architecture structure. Each line in this structure can be broken. Next slide, please. In the next slide, you see four major blackouts in the last years. Spain and Portugal, one week, five billion Euros. Germany, one week and one billion Euros. Chile and the USA. The next slide, please. What if I tell you that your EV or your house could give you control and energy? Next slide, please. I would like to explain you Vendor Energy System. It contains two parts, two important parts. The software part is decentralized control layer, dual utility token structure, and full MECA compliance. Hardware part. Next slide, please. Software, decentralized control layer. It enables control, routing, access and audit. Next slide, please. Hardware part. This is our generator. This is a solid state parametric open electrodynamic power energy system. It sounds hard. I know, I know. But it's fully autonomic, without fuel, without batteries, without wind, solar, et cetera. Because it's not magic. Just only physics at all. Next slide, please. Two tokens, two functions. Token A, software token. This is a transaction processing, access gating, and system operating. Hardware token, priority eligibility to access capacity, allocation queue, and realization path into physical access. Token here is a protocol switch, not an assets. Why? Because it's MECA compliance requirements. Next slide, please. You know, computers work better as Internet. And generator works better as energy. ne

Solution Spotlight - AI Enterprise Solutions & Technology Independence | unDavos 2026

Laura Herman (Potentiary), Richard Hong (TNE.AI, ex-Microsoft) and Mark Terrell (unDavos) debate whether trillion-dollar data-centre buildouts are the battleships of our era. Richard reveals how his company shrunk a one-trillion-parameter cloud model to 1.7 billion parameters — running on a $1,000 laptop at 25 watts instead of 20 kilowatts — while delivering the same results for enterprise KYC and anti-money-laundering. Mark argues the real unlock is secondary markets and pre-exit liquidity that could free up hundreds of billions in early-stage capital, enabling four-person startups in Nairobi to build what used to require Silicon Valley budgets. The conversation spans AI sovereignty, critical infrastructure fragility (Berlin lost power for two days from a single substation attack), quantum computing's looming "Q-day" that could expose every encrypted record, and why every country now needs to think about education, energy independence and technology sovereignty as a single stack. SPEAKERS • Laura Herman — Founder, Potentiary | 20 years in nuclear science & tech transfer • Richard Hong — CEO, TNE.AI | Ex-Microsoft (12 years), former VC (15 years) • Mark Terrell — Founder, unDavos | PhD in Collective Intelligence (Intel) unDavos — unconventional conversations at Davos. 200+ sessions across 12 tracks, bringing together founders, investors, policymakers and scientists for the discussions that matter.🔗 https://undavos.com📺 https://www.youtube.com/@undavos 🌐 undavos.com [https://undavos.com] ---------------------------------------- TRANSCRIPT And the stage is yours. All right. Thank you very much. Richard, if you want to take the microphone and you want to sit, I'm going to moderate. So I'll stand. Sure. We've got two chairs. That makes sense. My name is Laura Herman. I'm with Potentiary. This company was founded as an investment advisor after I had 20 years working in nuclear science and technology across the entire fuel cycle, doing tech transfer from our national laboratories in the United States out into the startup world. So in the last decade or so, I've had the opportunity to work with a lot of startup companies who are trying to break into large industrial systems-oriented types of industries. And so that brings me here today and to Davos this week. And I am excited to be having a conversation with Richard Hong, who is former Microsoft. He's going to tell us a little bit about his company and Mark Terrell, who has been organizing these spotlights here on Davos. The one and only. Yeah. So Richard, please, do you want to take a few minutes and tell our audience about what you're working on and how you got started in the AI infrastructure? Well, thank you, everybody. I think that, you know, we have an AI house here, we've got all these crazy things happening, and I guess I'm here to tell you that actually making these things work is way harder than you think. And I often ask for a show of hands, because if you look at the press, it seems like it's just happening everywhere. And I guess I spend a lot of time talking with the very biggest companies, and the answer is it really is very hard. So by way of background, I worked at Microsoft for 12 years. You can blame me for all the issues with Windows Office and our server products, I guess that's one thing. And then I spent 15 years as a venture capitalist, and in the last five years I've been doing AI companies. And we are a company called Total Neural Enterprises, TNE.AI, and we're really trying to help the biggest companies adopt this technology in an efficient way. I love to hear you say that transferring artificial intelligence into these enterprise systems is not easy, because too often I hear it kind of presented as a panacea. So we'll talk a little bit more about how it can be difficult. It's called the San Francisco AI House Party, by the way, if you're wondering what the actual techni

Ignite Talks | unDavos 2026

In five-minute lightning rounds, ten speakers delivered ideas ranging from how desire drives every mass media technology adoption cycle, to why an Oscar-winning animation was made for $4 million, to how Harvard neuroscientists are using real-time EEG to predict brain injury before it happens. Ignite Talks at unDavos 2026 packed more paradigm shifts per minute than any other session of the week. WHAT THIS PANEL COVERS * Why resilience is a red flag, not a strength — and how "white space" between overlapping sectors like healthcare and energy creates preventable crises * How strategic foresight and community storytelling across four generations can drive the transition to a regenerative future * Why artists matter more than ever in the AI era — tools accelerate output, but only humans provide creative direction and cultural meaning * How every mass media technology from the printing press to AI agents was adopted fastest through its most unmentionable use case * How the designer of the UN Sustainable Development Goals is launching The New Division to build elegant solutions that benefit individuals, society, and nature simultaneously SPEAKERS • Melissa Stires — Global Growth Officer, MIA AI & CEO, Fundamental Well-Being Foundation (Host) • Dr. Steph Sharma — Founder & Managing Director, Symbio Strategies • Dr. Chris Luebkeman — Strategic Foresight Hub, ETH Zurich & Founder, Your 2040 • Danar Worya — Founder & Creative Director, Bright Winter Studio • Haley Draznin — CMO, Premise AI • Lee — COO, Premise AI • Dr. Claudia Friedrich — Harvard Faculty & Board Member, Equiterra • Lucian Tarnowski — Founding Curator, United Planet & The UP Game • Jakob Trollbäck — Designer of the UN SDGs & Founder, The New Division unDavos is a community-driven summit running during WEF week in Davos, democratizing the conversation around global challenges. 🌐 undavos.com [https://undavos.com] Tags: Ignite Talks, lightning talks, resilience, strategic foresight, world building, AI and art, mass media history, technology adoption, neuroscience, brain monitoring, anesthesia EEG, United Planet, Sustainable Development Goals, climate misinformation, Hispanic leadership, Latin America, systems change, regenerative future, unDavos, Davos 2026, WEF ---------------------------------------- TRANSCRIPT Hello friends, hello friends, if you are here for the Ignite Talks, then you are in the right room. If you are watching for the Ignite Talks, hi mom, hi other people's moms, you are on the right stage, you're in the right channel. We are so excited to have you here. My name is Melissa Toni Stiers, and I will be your host with the most for this wonderful time together, and I am just really excited and honored to be back at Endavos. I spend my life at the intersection of technology and well-being, and there's so much that I have to read it to you because I'm so busy. I love human connection though, that's my favorite thing, and I love to bring people together from different worlds, which is exactly what's happening today in this room. I am a proud founding partner and the current global growth officer at MIA.AI. I want to give a shout out to my CEO and the co-founder of MIA.AI, Yana Salakangas, who is in the audience. She is a fantastic leader, and she's created MIA, which is one of the most, if not the most human-centric AI companies in the world. I'm also the CEO of the Fundamental Well-Being Foundation on behalf of the foundation. Each one of our speakers is going to get a book from our lead scientist that just talks about what it's like to be a finder, which happens to be the name of an app that we recently launched. At MIA.AI, we believe that the greatest risk to AI, to the AI era, is wasted human potential. And at MIA, we combine a blended lear