Through electrical power, the second commercial mass production was introduced. Electronic devices and details technologies automated the production process in the 3rd industrial revolution. In the 4th commercial revolution the lines between "physical, digital and biological spheres" have actually ended up being blurred and this present transformation, which started with the digital revolution in the mid-1900s, is "defined by a combination of technologies." This fusion of innovations included "fields such as artificial intelligence, robotics, the Web of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Right before the 2016 annual WEF meeting of the Global Future Councils, Ida Aukena Danish MP, who was also a young international leader and a member of the Council on Cities and Urbanization, published a blog post that was later published by picturing how technology might enhance our lives by 2030 if the United Nations sustainable advancement goals (SDG) were realized through this combination of technologies.
Considering that everything was complimentary, consisting of clean energy, there was no requirement to own items or property. In her imagined scenario, a number of the crises of the early 21st century "way of life illness, environment change, the refugee crisis, environmental destruction, entirely congested cities, water pollution, air pollution, social unrest and joblessness" were resolved through new innovations. The article has been slammed as portraying a paradise at the price of a loss of personal privacy. In reaction, Auken said that it was meant to "begin a discussion about some of the advantages and disadvantages of the present technological development." While the "interest in Fourth Industrial Revolution innovations" had "increased" during the COVID-19 pandemic, fewer than 9% of business were using artificial intelligence, robotics, touch screens and other innovative innovations.
On January 28, 2021 Davos Agenda virtual panel discussed how synthetic intelligence (AI) will "fundamentally 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 tasks, such as the digital change programme where cross-industry stakeholders examine how the 2020 "dislocative shock" had actually increased and "sped up digital transformations". Their report said that, while "digital communities will represent more than $60 trillion in profits by 2025", "only 9% of executives [in July 2020] state their leaders have the right digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.
