Mastercard: 12 takeaways from the Global Inclusive Growth Summit

BY VICKI HYMAN

NORTHAMPTON, MA / ACCESSWIRE / May 7, 2024 / Mastercard
Mastercard

From digitization and AI to climate change and collaboration, here are a dozen insights into today's pressing challenges and potential solutions from the world leaders, CEOs, academics, activists and others who gathered in Washington, D.C., last week for the Global Inclusion Growth Summit, hosted by the Mastercard Center for Inclusive Growth.

On the power of collaboration and connection

"If you think about the great moments when America leapt forward, it always involved some form of public-private partnership. If you think about it, moonshot moments in America have resulted from academia, business and government working together. If you think, as I do, that the scourge on this country's democracy is division, public-private partnerships bring people together, literally shoulder to shoulder."

- Gina Raimondo, U.S. Commerce Secretary, in conversation with Jon Huntsman Jr., Mastercard vice chairman and president, Strategic Growth.

"The greatest revolutionaries, people who have moved our society, are the people who have managed to bring us together, not try to exploit our differences."

- Ade Adepitan, Paralympic medalist and TV presenter who co-hosted the 2024 summit.

"There's always something that you can do, there's always ... an intersection of privilege where you stand where other people maybe don't, so find those places, find the something you can do."

- Megan Rapinoe, World Cup soccer champion and social justice activist.

"The message of love and compassion is so important. Put your arms around people and show them there's hope."

- Music icon and AIDS crusader Elton John, in a keynote discussion with Mastercard Center for Inclusive Growth president Shamina Singh about advancing an inclusive society.

On technology as an equalizer - with an asterisk

"We want every single person to have access to [financial insights], no matter how much they have in their savings account, or how much credit they have. We want them to have the best possible advice and information to help them make the best decisions at any point."

- Cristina Junqueira, the co-founder and chief growth officer of Nubank, the Brazil-based digital financial services platform, about how technology and digitization can democratize financial planning.

"Technology is an amplifier of human intent and capacity, not a substitute."

- Manu Chopra, the co-founder and CEO of Karya, a nonprofit that employs Indian workers to train AI systems, on engaging people, particularly from low-income communities, to understand their needs and desires when developing technological solutions for them.

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