Through electrical power, the 2nd commercial mass production was introduced. Electronic devices and infotech automated the production procedure in the third commercial revolution. In the fourth industrial revolution the lines between "physical, digital and biological spheres" have actually become blurred and this existing revolution, which started with the digital transformation in the mid-1900s, is "identified by a combination of technologies." This combination of technologies consisted of "fields such as expert system, robotics, the Internet of Things, self-governing vehicles, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Simply before the 2016 annual 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 an article that was later released by imagining how technology could enhance our lives by 2030 if the United Nations sustainable development objectives (SDG) were realized through this fusion of innovations.
Given that everything was complimentary, including clean energy, there was no need to own products or property. In her envisioned scenario, numerous of the crises of the early 21st century "way of life diseases, climate modification, the refugee crisis, ecological deterioration, completely crowded cities, water pollution, air pollution, social unrest and joblessness" were dealt with through new technologies. The article has been slammed as portraying an utopia at the cost of a loss of privacy. In action, Auken said that it was intended to "begin a discussion about some of the pros and cons of the present technological advancement." While the "interest in Fourth Industrial Transformation technologies" had actually "increased" 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 went over how synthetic intelligence (AI) will "basically alter the world". 63% of CEOs believe that "AI will have a bigger effect than the Web." During 2020, the Great Reset Dialogues resulted in multi-year jobs, such as the digital transformation programme where cross-industry stakeholders investigate how the 2020 "dislocative shock" had increased and "sped up digital changes". Their report said that, while "digital environments will represent more than $60 trillion in revenue by 2025", "just 9% of executives [in July 2020] say their leaders have the ideal digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.
