Through electrical power, the 2nd commercial mass production was presented. Electronics and infotech automated the production process in the third industrial transformation. In the fourth industrial revolution the lines between "physical, digital and biological spheres" have become blurred and this existing revolution, which began with the digital transformation in the mid-1900s, is "characterized by a blend of technologies." This blend of technologies consisted of "fields such as artificial intelligence, robotics, the Internet of Things, autonomous lorries, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Right before the 2016 annual WEF meeting of the Worldwide Future Councils, Ida Aukena Danish MP, who was likewise a young international leader and a member of the Council on Cities and Urbanization, submitted a post that was later on published by imagining how technology could enhance our lives by 2030 if the United Nations sustainable advancement objectives (SDG) were understood through this fusion of innovations.
Because everything was totally free, including clean energy, there was no need to own products or property. In her imagined circumstance, a number of the crises of the early 21st century "lifestyle illness, climate change, the refugee crisis, environmental degradation, totally congested cities, water pollution, air contamination, social unrest and joblessness" were resolved through new innovations. The post has actually been slammed as representing an utopia at the rate of a loss of personal privacy. In response, Auken stated that it was planned to "start a discussion about some of the advantages and disadvantages of the present technological advancement." While the "interest in Fourth Industrial Revolution technologies" had "surged" throughout the COVID-19 pandemic, less than 9% of business were utilizing maker knowing, robotics, touch screens and other advanced technologies.
On January 28, 2021 Davos Program virtual panel discussed how artificial intelligence (AI) will "basically change the world". 63% of CEOs believe that "AI will have a bigger impact than the Internet." Throughout 2020, the Great Reset Dialogues resulted in multi-year jobs, such as the digital improvement programme where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "sped up digital transformations". Their report said that, while "digital ecosystems will represent more than $60 trillion in earnings by 2025", "only 9% of executives [in July 2020] say their leaders have the right digital skills". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.
