Through electrical power, the second commercial mass production was introduced. Electronic devices and infotech automated the production process in the third industrial revolution. In the 4th commercial revolution the lines in between "physical, digital and biological spheres" have actually become blurred and this current transformation, which started with the digital revolution in the mid-1900s, is "defined by a combination of technologies." This combination of innovations consisted of "fields such as expert system, robotics, the Internet of Things, self-governing automobiles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Prior to the 2016 annual WEF meeting of the Worldwide Future Councils, Ida Aukena Danish MP, who was likewise a young global leader and a member of the Council on Cities and Urbanization, uploaded a blog post that was later published by imagining how technology could enhance our lives by 2030 if the United Nations sustainable development objectives (SDG) were understood through this blend of innovations.
Considering that everything was complimentary, including tidy energy, there was no need to own products or property. In her pictured situation, much of the crises of the early 21st century "way of life illness, climate modification, the refugee crisis, ecological degradation, totally congested cities, water pollution, air pollution, social discontent and unemployment" were dealt with through brand-new technologies. The article has been slammed as representing an utopia at the rate of a loss of personal privacy. In action, Auken said that it was intended to "begin a discussion about some of the advantages and disadvantages of the present technological advancement." While the "interest in 4th Industrial Revolution technologies" had "increased" throughout the COVID-19 pandemic, fewer than 9% of companies were utilizing artificial intelligence, robotics, touch screens and other sophisticated innovations.
On January 28, 2021 Davos Agenda virtual panel discussed how expert system (AI) will "essentially alter the world". 63% of CEOs believe that "AI will have a bigger impact than the Web." Throughout 2020, the Great Reset Discussions led to multi-year tasks, such as the digital change program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "sped up digital changes". Their report said that, while "digital environments will represent more than $60 trillion in earnings by 2025", "only 9% of executives [in July 2020] state their leaders have the best digital skills". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.