Justin B. Smith Opens Bloomberg's New Economy Forum, Day Two

The second day of the New Economy Forum in Beijing focuses on building a global community to address urgent challenges like climate change, financial crises, and technological threats. The forum emphasizes the importance of public-private partnerships and community dialogue in finding solutions. Participants from over 50 countries engage in discussions to deepen friendships, share experiences, and unite for action. The event aims to foster an institution that grows annually, preserving the planet for future generations.

What is the significance of the new economy community as mentioned in the text?

In what ways does the speaker suggest that technology can address ethical standards in biotechnology and AI?