Through electrical power, the second commercial mass production was presented. Electronics and information technologies automated the production process in the third industrial revolution. In the 4th commercial transformation the lines in between "physical, digital and biological spheres" have actually become blurred and this existing transformation, which began with the digital revolution in the mid-1900s, is "characterized by a combination of technologies." This combination of innovations included "fields such as expert system, robotics, the Web of Things, self-governing automobiles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Prior to the 2016 annual WEF conference of the Global Future Councils, Ida Aukena Danish MP, who was likewise a young global leader and a member of the Council on Cities and Urbanization, submitted an article that was later on released by imagining how innovation could improve our lives by 2030 if the United Nations sustainable advancement objectives (SDG) were realized through this fusion of innovations.
Given that everything was totally free, consisting of clean energy, there was no need to own products or realty. In her imagined circumstance, a lot of the crises of the early 21st century "way of life illness, environment modification, the refugee crisis, ecological degradation, completely crowded cities, water pollution, air pollution, social unrest and joblessness" were solved through new technologies. The short article has been criticized as portraying a paradise at the cost of a loss of personal privacy. In action, Auken stated that it was planned to "start a discussion about some of the pros and cons of the present technological development." While the "interest in Fourth Industrial Revolution innovations" had "surged" throughout the COVID-19 pandemic, less than 9% of companies were using artificial intelligence, robotics, touch screens and other innovative technologies.
On January 28, 2021 Davos Agenda virtual panel discussed how synthetic intelligence (AI) will "fundamentally change the world". 63% of CEOs believe that "AI will have a larger impact than the Internet." Throughout 2020, the Great Reset Discussions resulted in multi-year tasks, such as the digital change program where cross-industry stakeholders examine how the 2020 "dislocative shock" had actually increased and "sped up digital improvements". Their report said that, while "digital communities will represent more than $60 trillion in income by 2025", "only 9% of executives [in July 2020] state their leaders have the best digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.
