Through electrical power, the 2nd industrial mass production was introduced. Electronics and infotech automated the production procedure in the 3rd commercial 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 transformation in the mid-1900s, is "characterized by a combination of technologies." This blend of technologies included "fields such as artificial intelligence, robotics, the Web of Things, autonomous lorries, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Right before the 2016 annual WEF conference of the International Future Councils, Ida Aukena Danish MP, who was also a young global leader and a member of the Council on Cities and Urbanization, submitted a blog site 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 combination of technologies.
Because whatever was free, consisting of tidy energy, there was no need to own items or property. In her envisioned scenario, much of the crises of the early 21st century "way of life diseases, environment change, the refugee crisis, environmental deterioration, entirely congested cities, water pollution, air pollution, social unrest and joblessness" were solved through new technologies. The article has been criticized as portraying a paradise at the rate of a loss of personal privacy. In action, Auken said that it was intended to "start a conversation about some of the benefits and drawbacks of the current technological development." While the "interest in Fourth Industrial Revolution innovations" had "increased" during the COVID-19 pandemic, fewer than 9% of business were using device knowing, robotics, touch screens and other advanced innovations.
On January 28, 2021 Davos Program virtual panel talked about how expert system (AI) will "fundamentally alter the world". 63% of CEOs believe that "AI will have a bigger impact than the Internet." During 2020, the Great Reset Dialogues led to multi-year projects, such as the digital improvement program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "accelerated digital improvements". Their report stated that, while "digital communities will represent more than $60 trillion in income 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.