Through electrical power, the second commercial mass production was introduced. Electronics and infotech automated the production procedure in the third commercial revolution. In the fourth industrial revolution the lines in between "physical, digital and biological spheres" have become blurred and this existing revolution, which started with the digital revolution in the mid-1900s, is "identified by a blend of innovations." This blend of innovations included "fields such as expert system, robotics, the Internet of Things, self-governing lorries, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Prior to the 2016 annual WEF meeting of the International 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 published by envisioning how innovation could enhance our lives by 2030 if the United Nations sustainable development objectives (SDG) were recognized through this fusion of technologies.
Because whatever was complimentary, including tidy energy, there was no need to own items or realty. In her imagined scenario, a number of the crises of the early 21st century "way of life illness, climate change, the refugee crisis, environmental destruction, entirely crowded cities, water contamination, air pollution, social unrest and joblessness" were solved through new innovations. The short article has been criticized as depicting a paradise at the price of a loss of privacy. In action, Auken said that it was planned to "begin a discussion about some of the benefits and drawbacks of the existing technological development." While the "interest in Fourth Industrial Transformation technologies" had "surged" during the COVID-19 pandemic, less than 9% of companies were utilizing artificial intelligence, robotics, touch screens and other advanced technologies.
On January 28, 2021 Davos Program virtual panel went over how synthetic intelligence (AI) will "fundamentally change the world". 63% of CEOs think that "AI will have a bigger effect than the Internet." Throughout 2020, the Great Reset Discussions led to multi-year projects, such as the digital change program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "sped up digital transformations". Their report said that, while "digital environments will represent more than $60 trillion in profits 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.