Toby Howell
๐ค SpeakerAppearances Over Time
Podcast Appearances
So when you talk about Davos and you talk about inequality, just the fact that the conference is this money-making machine too is something that comes up a lot.
But also you mentioned the backstory of Davos and how Klaus Schwab was the man who kind of put this old thing together.
But this is actually going to be the first year that Klaus Schwab is not running the conference because he stepped down from his position after 50 years of pretty much total control over this conference, basically because he was on thin ice.
There was some investigations into his
workplace culture.
There was also some investigations that they were misusing personal and forum funds in different ways.
So this is kind of the first step out into a new world without Schwab at the helm.
And it's going to be interesting to see how a conference that functions on exclusivity, on hierarchy, on private dealmaking is going to navigate this period without its chief architect over the last half century.
Well, I want to comment on your fun fact a little bit.
There is good skiing around at Davos, though, and apparently we are asking around what happens to the ski mountains, and it's empty because
Because everyone is at Davos during this period of time.
And so if somehow you were trying to plan a trip, your accommodations would be extremely expensive because everyone is in that town.
But the ski mountains themselves are relatively open.
So if you can commute in, maybe find, even though Neil says the mountains aren't high enough, he wants a little taller, you know, highest town in Europe.
But that is some interesting trickle-down effect from Davos is that the mountains are usually pretty empty.
My fun fact is that food here is so expensive.
One hotel a few years ago went viral for charging $51 for a burrito, and it was on its snacks menu.
A side of french fries was costing $22.
And in 2015, CNBC found a hot dog on sale at the same hotel, Rochelle.
For $43, I think there is a supply and demand lesson in there somewhere, but that is just truly insane to think about how many francs are going to paying towards that franc.