Through electrical power, the second commercial mass production was presented. Electronics and infotech automated the production process in the third industrial transformation. In the 4th commercial revolution the lines between "physical, digital and biological spheres" have actually become blurred and this present transformation, which started with the digital transformation in the mid-1900s, is "identified by a combination of innovations." This blend of technologies consisted of "fields such as synthetic intelligence, robotics, the Web of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Prior to the 2016 annual WEF conference 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, uploaded an article that was later on released by envisioning how technology might enhance our lives by 2030 if the United Nations sustainable development objectives (SDG) were recognized through this fusion of innovations.
Considering that everything was complimentary, including clean energy, there was no need to own products or realty. In her imagined situation, many of the crises of the early 21st century "lifestyle illness, environment modification, the refugee crisis, ecological deterioration, totally crowded cities, water pollution, air pollution, social unrest and unemployment" were resolved through new innovations. The short article has been criticized as representing a paradise at the rate of a loss of personal privacy. In reaction, Auken stated that it was meant to "start a discussion about a few of the pros and cons of the current technological development." While the "interest in 4th Industrial Revolution innovations" had "surged" during the COVID-19 pandemic, less than 9% of companies were using artificial intelligence, robotics, touch screens and other sophisticated technologies.
On January 28, 2021 Davos Agenda virtual panel went over how synthetic intelligence (AI) will "basically change the world". 63% of CEOs think that "AI will have a bigger impact than the Internet." During 2020, the Great Reset Discussions led to multi-year projects, such as the digital change programme where cross-industry stakeholders examine how the 2020 "dislocative shock" had actually increased and "sped up digital improvements". Their report Great site said that, while "digital environments will represent more than $60 the great reset trillion in income by 2025", "only 9% of executives [in July 2020] say their leaders have the Get more information right digital abilities". Political leaders such as Canadian Prime Minister Justin Trudeau and Click for more U.S.