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Through electrical power, the 2nd commercial mass production was introduced. Electronics and details technologies automated the production procedure in the 3rd industrial transformation. In the 4th commercial revolution the lines between "physical, digital and biological spheres" have become blurred and this current revolution, which started with the digital revolution in the mid-1900s, is "characterized by a blend of technologies." This combination of technologies included "fields such as synthetic intelligence, robotics, the Web of Things, autonomous automobiles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Simply prior to the 2016 annual WEF conference of the Worldwide Future Councils, Ida Aukena Danish MP, who was also a young worldwide leader and a member of the Council on Cities and Urbanization, uploaded a post that was later on published by thinking of how innovation could improve our lives by 2030 if the United Nations sustainable advancement goals (SDG) were realized through this fusion of innovations.

Since whatever was free, consisting of tidy energy, there was no need to own items or property. In her thought of circumstance, much of the crises of the early 21st century "way of life diseases, climate change, the refugee crisis, ecological degradation, totally crowded cities, water pollution, air contamination, social unrest and unemployment" were fixed through new innovations. The article has been slammed as depicting a paradise at the rate of a loss of personal privacy. In response, Auken said that it was intended to "begin a conversation about a few of the benefits and drawbacks of the current technological development." While the "interest in 4th Industrial Transformation innovations" had "increased" during the COVID-19 pandemic, less than 9% of business were using device learning, robotics, touch screens and other innovative innovations.

On January 28, 2021 Davos Agenda virtual panel discussed how artificial intelligence (AI) will "fundamentally alter the world". 63% of CEOs think that "AI will have a bigger effect than the Internet." During 2020, the Great Reset Dialogues led to multi-year projects, such as the digital transformation programme where cross-industry stakeholders examine how the 2020 "dislocative shock" had increased and "sped up digital improvements". Their report stated that, while "digital communities will represent more than $60 trillion in revenue by 2025", "only 9% of executives [in July 2020] state their leaders have the ideal digital abilities". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.

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