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events
of economic integration, however telligence so far. Fascinating information is that 90% of all
also about the practical challenges data in the world have been created in the past two years,
for the Republic of Macedonia. She something which Banavar called a tsunami of data. All of
pointed out that we must focus on these data should be appropriately processed and used in
knowledge and skills, and not on di- a way which will enable the machines to study throughout
plomas, and we should constantly the process and to work together with people. These are
have in mind that the ultimate goal changes which cause not only a change of the structure of
of everything we do in the economy the economy, but also a change of the very society.
is to increase the standard of living
of the population. As a whole, the Summit was successful and justified the
expectations. I believe that next year it will offer repre-
An interesting speech was the one sentative composition of participants and high-quality dis-
by Michael Mizrahi from Israel, who cussions. Thereby I expect that in the next summit, more
spoke about start-ups and business experts from the Republic of Macedonia would participate,
accelerators. A fascinating thing wherewith the event will get additional value.
is the dedication and detail in this
country’s approach to this segment Zoran Jovanovski
of the economy, and the young en-
trepreneurs are given various condi-
tions for development. This includes
operational support in a form of a
business space, but also education,
academic support, grants, etc.
In the so called “hot panel”, where
it was spoken about the role of a
woman as a leader, Ana Arsov, as-
sistant director in the Department
of Financial Institutions of Moody’s
in USA, pointed out the advantages
that women have. She said that in
order to be successful in a career, ba-
sically everyone needs three things:
competence, self-confidence and
a lot of work. However, in addition
to this, women have the emotional
intelligence which enables them to
recognize the patterns of behavior
and to react accordingly.
A star of his own kind at the Sum-
mit was Guruduth Banavar, the
chief science officer and Vice Presi-
dent of IBM from the United States.
His one-hour speech took us to the
future and provided us to clearly
perceive the trends which are at
the very beginning. It was possible
to see how life would change and
what it would look like in the future
in some specific fields, such as buy-
ing a product, medicine or business
decisions making. This is the new
revolution, so called cognitive era in
the development of humanity, which
exceeds what was called artificial in-
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