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Fortune
Fortune
Chandran Nair

From America’s IRA to China’s eco-civilization, a new global consensus is emerging. Globalization and growth are out, redesigning society is in

(Credit: Justin Sullivan - Getty Images)

This summer saw the hottest average global temperatures in the last 125,000 years. Europe is embroiled in war, with other conflicts raging around the world. The global economy is still reeling from the impacts of the first global pandemic since 1919. Experts are warning against the threat posed by our most advanced technological creation–artificial intelligence (AI). However, to piece together how we got here as a species and secure societies for the future, we need a heavy dose of BI–basic intelligence.

It's no coincidence that these existential threats are converging, and if we honestly confront the driving forces behind them, much becomes obvious: All of these threats are a direct result of a global economic model that has blossomed at the expense of the environment and society for decades.

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