Through electrical power, the second commercial mass production was presented. Electronic devices and info innovations automated the production process in the third commercial revolution. In the 4th industrial transformation the lines between "physical, digital and biological spheres" have become blurred and this current revolution, which started with the digital revolution in the mid-1900s, is "characterized by a blend of technologies." This blend of technologies consisted of "fields such as artificial intelligence, robotics, the Web of Things, autonomous automobiles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Right before the 2016 yearly WEF conference of the International Future Councils, Ida Aukena Danish MP, who was also a young international leader and a member of the Council on Cities and Urbanization, published an article that was later on released by thinking of how innovation could enhance our lives by 2030 if the United Nations sustainable advancement goals (SDG) were understood through this fusion of innovations.
Given that whatever was totally free, including clean energy, there was no requirement to own products or realty. In her pictured situation, a number of the crises of the early 21st century "lifestyle illness, environment modification, the refugee crisis, environmental destruction, completely congested cities, water pollution, air contamination, social discontent and unemployment" were fixed through new innovations. The short article has been criticized as representing an utopia at the rate of a loss of personal privacy. In action, Auken said that it was meant to "begin a discussion about a few of the benefits and drawbacks of the present technological advancement." While the "interest in 4th Industrial Revolution technologies" had actually "surged" during the COVID-19 pandemic, less than 9% of companies were using artificial intelligence, robotics, touch screens and other advanced innovations.
On January 28, 2021 Davos Program virtual panel talked about how synthetic intelligence (AI) will "basically change the world". 63% of CEOs believe that "AI will have a bigger effect than the Web." Throughout 2020, the Great Reset Discussions resulted in multi-year projects, such as the digital change programme where cross-industry stakeholders examine how the 2020 "dislocative shock" had increased and "sped up digital changes". Their report stated that, while "digital environments will represent more than $60 trillion in profits by 2025", "just 9% of executives [in July 2020] state their leaders have the right digital skills". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.
