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You know markets work but there are limits. And the question is in order to drive this economic growth in an equitable way we also have to deal with the decoupling that's happening. The decoupling between economic growth and productivity growth and jobs and wages. And so this is really the challenge of our times. And I would say each of us will have to play a role. So I start even from my own responsibility so very example of Microsoft one of the things that I recognized is instead of just talking about all the things that we do outside starting with our own employees their own benefits are we doing the right thing with parents to leave with sick leave. Now of course Microsoft has full time employees and many part time employees are. In fact doing our job to make the benefits that we provide available to even the part time employees. Just last week for example we also started saying look people who work at Microsoft. Many of them are software engineers in well-paid jobs but we also have cafeteria workers shuttle drivers. What about housing needs for them. The housing burden in Seattle for example is a place where there is actually a market failure. So we just announced support for building affordable housing so that anybody who works in our community can find housing in the community itself. So I would say for us starting in every company in every community that we work and live and doing our part and then finding this new architecture for this next phase of globalization where we drive aggressively economic growth but we do figure out a way to drive that equitable growth supporting initiatives that all of you talked about. I mean there is no reason why the world needs to have a refugee crisis but there needs to be political will there needs to be many other things that need to fall in place for us to resolve. There is no reason why in Chicago we should have a challenge of food security yet we need the systems a new way to tackle these challenges."

Microsoft (MSFT - Get Report) CEO Satya Nadella on Tuesday, Jan. 22, stressed that the decoupling between the economic and productivity growth and jobs and wages is the biggest challenge of our times.

Speaking at one of the panel discussions at the World Economic Forum Annual Meeting 2019 in Davos, Switzerland, he said, "I would say, each of us will have to play a role."

Nadella, who is also the co-chair of the 48th annual gathering, urged every company to work towards finding a way to benefit every community they work with.

"I would say for us starting in every company in every community that we work and live and doing our part and then finding this new architecture for this next phase of globalization where we drive aggressively economic growth but we do figure out a way to drive that equitable growth supporting initiatives that all of you talked about."

The four-day conference being held in the Swiss ski resort of Davos, houses world leaders and the top executives of major companies worldwide. 

For more information about the World Economic Forum: 5 Things You Didn't Know About the World Economic Forum in Davos

Microsoft is a holding in Jim Cramer's Action Alerts Plus portfolio. Read what Jim has to say about Microsoft and some of the other biggest names in the portfolio here