Through electrical power, the 2nd industrial mass production was introduced. Electronic devices and information innovations automated the production process in the 3rd commercial revolution. In the fourth commercial revolution the lines in between "physical, digital and biological spheres" have ended up being blurred and this present transformation, which started with the digital revolution in the mid-1900s, is "characterized by a combination of innovations." This blend of technologies consisted of "fields such as expert system, robotics, the Internet of Things, autonomous cars, 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, published an article that was later published by envisioning how innovation might enhance our lives by 2030 if the United Nations sustainable advancement objectives (SDG) were understood through this blend of technologies.
Because whatever was totally free, including tidy energy, there was no need to own items or real estate. In her envisioned scenario, a number of the crises of the early 21st century "lifestyle diseases, environment change, the refugee crisis, ecological deterioration, entirely congested cities, water contamination, air contamination, social unrest and joblessness" were fixed through new technologies. The short article has been slammed as depicting a paradise at the cost of a loss of privacy. In action, Auken stated that it was meant to "start a conversation about some of the advantages and disadvantages of the current technological advancement." While the "interest in Fourth Industrial Transformation technologies" had "surged" throughout the COVID-19 pandemic, less than 9% of business were using artificial intelligence, robotics, touch screens and other innovative technologies.
On January 28, 2021 Davos Program virtual panel discussed how artificial intelligence (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 jobs, such as the digital improvement program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "sped up digital improvements". Their report stated that, while "digital environments will represent more than $60 trillion in profits by 2025", "just 9% of executives [in July 2020] say their leaders have the best digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.
