Navigating Tech and Climate: CEO Optimism Amidst Challenges – PwC Global Survey
CEOs worldwide are facing a pivotal moment as they navigate the convergence of technological disruption and climate transition. According to PwC's Global CEO Survey, optimism about global economic growth has doubled, yet nearly half of CEOs express concerns about their businesses' long-term viability in the face of accelerating tech and climate pressures. With 45% of CEOs doubting their company's viability without reinvention, the urgency to adapt to these megatrends is clear. The survey underscores the fragility of confidence amidst these shifts, with CEOs less optimistic about their own revenue prospects compared to the global economy. Climate change emerges as a central concern, with CEOs increasingly aware of its potential to disrupt business models. Generative AI is seen as a transformative force, but CEOs acknowledge the need for workforce upskilling and express concerns about cybersecurity and bias. As they grapple with regulatory complexity and economic barriers, CEOs are taking action to mitigate climate risks, improve energy efficiency, and innovate new climate-friendly products.