Bloomberg Businessweek
A Bold Exploration of Modern Business Risk in a Volatile World
Mar 31, 2025
Sean West, co-founder of Hence Technologies and author of "Unruly," dives into the multifaceted risks of modern business. He discusses how political volatility and technological shifts, particularly AI, are reshaping the corporate landscape. West highlights the erosion of international law and the resulting challenges for businesses navigating legal uncertainties. He also explores changes in corporate values post-George Floyd, emphasizing the growing tension between shareholder interests and ethical governance in a rapidly evolving world.
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Quick takeaways
- The rising volatility in global politics and law is forcing businesses to navigate an increasingly unpredictable and fragmented landscape.
- Technological advancements, particularly in AI, are democratizing legal access, empowering individuals to challenge injustices despite eroding rule of law.
Deep dives
The Erosion of Globalization and Rule of Law
The world is experiencing significant volatility, as traditional rules of globalization and the rule of law are increasingly being challenged. This shift indicates a scenario where nations no longer adhere to a unified set of values, resulting in an uncertain playing field for businesses and investors. Examples like Venezuela and Hungary demonstrate how elections can lack fairness due to political influence over courts and institutions. This context of declining legal frameworks complicates global interactions, as countries pursue independent policies that could disregard established international laws.
