Through electrical power, the second commercial mass production was introduced. Electronic devices and info innovations automated the production process in the 3rd industrial transformation. In the 4th industrial revolution the lines in between "physical, digital and biological spheres" have become blurred and this existing transformation, which started with the digital revolution in the mid-1900s, is "identified by a combination of technologies." This fusion of technologies consisted of "fields such as artificial intelligence, robotics, the Web of Things, autonomous cars, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Prior to the 2016 yearly WEF conference of the International Future Councils, Ida Aukena Danish MP, who was also a young worldwide leader and a member of the Council on Cities and Urbanization, published a blog post that was later published by picturing how technology could improve our lives by 2030 if the United Nations sustainable advancement objectives (SDG) were understood through this blend of technologies.
Since everything was complimentary, consisting of clean energy, there was no need to own items or realty. In her pictured situation, much of the crises of the early 21st century "way of life diseases, climate modification, the refugee crisis, ecological deterioration, entirely congested cities, water contamination, air pollution, social unrest and joblessness" were resolved through brand-new innovations. The article has been criticized as depicting an utopia at the cost of a loss of privacy. In reaction, Auken stated that it was intended to "begin a discussion about a few of the pros and cons of the present technological advancement." While the "interest in 4th Industrial Revolution innovations" had "spiked" throughout the COVID-19 pandemic, less than 9% of business were using maker knowing, robotics, touch screens and other innovative innovations.
On January 28, 2021 Davos Program virtual panel discussed how expert system (AI) will "essentially change the world". 63% of CEOs think that "AI will have a larger effect than the Internet." During 2020, the Great Reset Discussions led to multi-year tasks, such as the digital transformation programme where cross-industry stakeholders investigate how the 2020 "dislocative shock" had increased and "accelerated digital changes". Their report stated 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 skills". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.