Klaus Schwab, the founder and executive chairman of the World Economic Forum (WEF), announced that he would be resigning from his executive role.
Schwab revealed his decision in an email to staff on Tuesday, May 21, Semafor reported.
Schwab, 86, will transition to the role of non-executive chairman, pending approval from the Swiss government.
Klaus Schwab is retiring. 😢 pic.twitter.com/KBZgAeF2IJ
— Wall Street Silver (@WallStreetSilv) May 21, 2024
However, the globalist has yet to name a successor but has said over the last year, the group’s executive board, “under the leadership of President Børge Brende, has taken full executive responsibility.”
Brende is a former Norwegian conservative leader.
Schwab has been synonymous with the WEF, pushing for climate change initiatives, surveillance, a cashless society, car bans with 15-minute city grids, and meat and dairy bans.
The WEF operates like a family enterprise, with Schwab’s children in key positions and his wife Hilde overseeing the organization’s foundation and awards ceremonies.
Earlier this year, Klaus Schwab predicted that elections would “soon be a quaint relic of the past,” pointing to the elegance of AII as the new democracy.
During an appearance at Davos, the WEF founder said nations will soon no longer need to hold “elections” because voting would be replaced by artificial intelligence (AI).
Schwab’s sobering comments came during an interview with Google co-founder Sergey Brin, posted to X by Ezra Levant of Rebel News.
Watch
Klaus Schwab suggests thst AI replace democratic elections. His father, the Nazi industrialist Eugen Schwab, would be proud.
— Ezra Levant 🍁🚛 (@ezralevant) January 15, 2024
This is one of the things we’ll ask World Economic Forum VVIPs about this week. Follow our work at https://t.co/OCE0X9lsDlpic.twitter.com/QPXtqe1evp