Through electrical power, the second commercial mass production was introduced. Electronics and infotech automated the production process in the third industrial revolution. In the 4th commercial transformation the lines between "physical, digital and biological spheres" have ended up being blurred and this current revolution, which started with the digital revolution in the mid-1900s, is "characterized by a combination of innovations." This blend of technologies included "fields such as expert system, robotics, the Internet of Things, autonomous cars, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Right before the 2016 yearly WEF conference of the Worldwide Future Councils, Ida Aukena Danish MP, who was also a young international leader and a member of the Council on Cities and Urbanization, submitted a blog post that was later released by picturing how innovation could improve our lives by 2030 if the United Nations sustainable development goals (SDG) were recognized through this combination of technologies.
Because everything was complimentary, including clean energy, there was no need to own products or property. In Visit the website her envisioned circumstance, a number of the crises of the early 21st century "lifestyle illness, climate change, the refugee crisis, ecological degradation, entirely congested cities, water contamination, air pollution, social unrest and unemployment" were resolved through brand-new technologies. The short article has been criticized as representing a paradise at the price of a loss of personal privacy. In reaction, Auken said that it was meant to "start a conversation about a few of the pros and cons of the present technological development." While the "interest in Fourth Industrial Revolution innovations" had "spiked" during the COVID-19 pandemic, fewer than 9% of business were using artificial intelligence, robotics, touch screens and other sophisticated technologies.
On January 28, 2021 Davos Agenda virtual panel went over how expert system (AI) will "basically alter the world". 63% of CEOs think that "AI will have a bigger effect than the Internet." During 2020, the Great Reset Dialogues the great reset resulted in multi-year tasks, such as the digital transformation programme where cross-industry stakeholders investigate how the 2020 "dislocative shock" had increased and "sped up digital transformations". Their report said that, while "digital communities will represent more than $60 trillion in income by 2025", "just 9% of executives [in July 2020] say their leaders have the best digital skills". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.