Through electrical power, the second industrial mass production was presented. Electronics and information innovations automated the production process in Extra resources the third commercial transformation. In the 4th industrial revolution the lines between "physical, digital and biological spheres" have actually ended up being blurred and this present revolution, which started with the digital transformation in the mid-1900s, is "defined by a blend of innovations." This blend of innovations 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." Just prior to the 2016 annual WEF conference of the Global 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 released by envisioning how innovation might improve our lives by 2030 if the United Nations sustainable development goals (SDG) were understood through this blend of technologies.
Because everything was totally free, including clean energy, there was no requirement to own products or real estate. In her thought of circumstance, a number of the crises of the early 21st century "lifestyle diseases, environment change, the refugee crisis, environmental deterioration, entirely crowded cities, water pollution, air contamination, social unrest and unemployment" were resolved through new technologies. The post has actually been slammed as portraying an utopia at the price of a loss of privacy. In action, Auken stated that it was intended to "begin a conversation about some of the advantages and disadvantages of the existing technological development." While the "interest in 4th Industrial Transformation technologies" had "surged" throughout the COVID-19 pandemic, less than 9% of companies were using artificial intelligence, robotics, touch screens and other sophisticated technologies.
On January 28, 2021 Davos Agenda virtual panel discussed how artificial intelligence (AI) will "essentially alter the world". 63% of CEOs think that "AI will have a bigger impact than the Web." During 2020, the Great Reset Dialogues resulted in multi-year projects, such as the digital transformation program where cross-industry stakeholders examine how the 2020 "dislocative shock" had actually increased and "sped up digital changes". Their report said that, while "digital communities will represent more than $60 trillion in profits by 2025", "just 9% of executives [in July 2020] state their leaders have the right digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.
