Through electrical power, the second commercial mass production was introduced. Electronic devices and infotech automated the production process in the 3rd commercial transformation. In the 4th industrial revolution the lines between "physical, digital and biological spheres" have actually ended up being blurred and this current transformation, which began with the digital transformation in the mid-1900s, is "identified by a combination of innovations." This combination of technologies consisted of "fields such as expert system, robotics, the Internet of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Right before the 2016 annual WEF conference of the Global Future Councils, Ida Aukena Danish MP, who was also a young global leader and a member of the Council on Cities and Urbanization, submitted an article that was later released by envisioning how innovation might enhance our lives by 2030 if the United Nations sustainable advancement goals (SDG) were recognized through this combination of innovations.
Because everything was free, consisting of tidy energy, there was no need to own items or realty. In her pictured situation, a number of the crises of the early 21st century "lifestyle illness, climate modification, the refugee crisis, environmental deterioration, entirely crowded cities, water contamination, air pollution, social discontent and joblessness" were resolved through brand-new technologies. The post has been criticized as depicting a paradise at the rate of a loss of personal privacy. In reaction, Auken said that it was intended to "start a discussion about some of the benefits and drawbacks of the present technological development." While the "interest in 4th Industrial Revolution technologies" had "increased" throughout the COVID-19 pandemic, less than 9% of companies were using artificial intelligence, robotics, touch screens and other advanced technologies.
On January 28, 2021 Davos Program virtual panel talked about how expert system (AI) will "basically change the world". 63% of CEOs believe that "AI will have a larger effect than the Web." Throughout 2020, the Great Reset Discussions led to multi-year tasks, such as the digital improvement program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had increased and "accelerated digital transformations". Their report said that, while "digital environments will represent more than $60 trillion in earnings by 2025", "just 9% of executives [in July 2020] say their leaders have the right digital skills". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.