In her graduation speech for 114 Executive MBAs of the University of St Gallen, Barbara Kux pointed out the importance of sapere aude. She emboldened graduates to be wise and have the courage to use their own understanding when facing today’s key challenges: technological disruptions by AI estimated to affect 60-70 percent of total time spent working with a potential productivity growth until 2040 of some 3 percent; international conflicts in Europe, the Middle East and Asia; and sustainability with the latest earth overshoot day already on 2 August 2023.
St. Gallen, 25 May 2024