Through electrical power, the 2nd commercial mass production was introduced. Electronic devices and information technologies automated the production process in the 3rd commercial revolution. In the 4th commercial revolution the lines in between "physical, digital and biological spheres" have actually ended up being blurred and this current revolution, which began with the digital revolution in the mid-1900s, is "identified by a combination of technologies." This combination of innovations consisted of "fields such as artificial intelligence, robotics, the Internet of Things, autonomous lorries, 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 likewise a young worldwide leader and a member of the Council on Cities and Urbanization, published a blog post that was later published by picturing how technology might enhance our lives by 2030 if the United Nations sustainable development goals (SDG) were recognized through this fusion of innovations.
Given that everything was complimentary, including tidy energy, there was no requirement to own products or genuine estate. In her pictured situation, much of the crises of the early 21st century "lifestyle illness, climate change, the refugee crisis, environmental deterioration, entirely congested cities, water contamination, air pollution, social unrest and unemployment" were resolved through new technologies. The short article has been criticized as portraying an utopia at the rate of a loss of privacy. In response, Auken stated that it was intended to "begin a conversation about a few of the benefits and drawbacks of the existing technological advancement." While the "interest in 4th Industrial Revolution technologies" had "increased" throughout the COVID-19 pandemic, less than 9% of companies were utilizing machine learning, robotics, touch screens and other advanced technologies.
On January 28, 2021 Davos Agenda virtual panel talked about how expert system (AI) will "essentially change the world". 63% of CEOs believe that "AI will have a larger impact than the Web." Throughout 2020, the Great Reset Discussions resulted in 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 changes". Their report stated 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 ideal digital skills". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.
