Through electrical power, the second industrial mass production was introduced. Electronics and infotech automated the production procedure in the 3rd industrial transformation. In the fourth commercial transformation the lines in between "physical, digital and biological spheres" have ended up being blurred and this existing transformation, which began with the digital revolution in the mid-1900s, is "defined by a fusion of technologies." This fusion of technologies consisted of "fields such as expert system, robotics, the Web of Things, self-governing automobiles, 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 Website link was also a young global leader and a member of the Council on Cities and Urbanization, uploaded a post that was later published by picturing how innovation might enhance our lives by 2030 if the United Nations sustainable development goals (SDG) were understood through this blend of innovations.
Given that everything was complimentary, including clean energy, there was no need to own products or real estate. In her envisioned situation, numerous of the crises of the early 21st century "way of life illness, environment change, the refugee crisis, ecological deterioration, completely congested cities, water pollution, air pollution, social unrest and unemployment" were fixed through new technologies. The post has been criticized as representing a paradise at the price of a loss of privacy. In action, Auken stated that it was meant to "start a conversation about a few of the pros and cons of the existing technological advancement." While the "interest in 4th Industrial Revolution technologies" had "spiked" throughout the COVID-19 pandemic, fewer than 9% of business were using maker learning, robotics, touch screens and other sophisticated innovations.
On January 28, 2021 Davos Agenda virtual panel talked about how synthetic intelligence (AI) will "essentially alter the world". 63% of CEOs believe that "AI will have a bigger impact than the Web." During 2020, the Great Reset Dialogues resulted in multi-year jobs, such as the digital transformation program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had increased and "sped up digital changes". Their report said that, while "digital communities will represent more than $60 trillion in income by 2025", "only 9% of executives [in July 2020] say their leaders have the ideal digital skills". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.