Through electrical power, the second industrial mass production was presented. Electronics and infotech automated the production procedure in the 3rd industrial revolution. In the 4th commercial revolution the lines between "physical, digital and biological spheres" have actually become blurred and this current revolution, which began with the digital revolution in the mid-1900s, is "characterized by a blend of innovations." This combination of innovations consisted of "fields such as synthetic intelligence, robotics, the Web of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Right before the 2016 yearly WEF meeting of the Global Future Councils, Ida Aukena Danish MP, who was also a young global leader and a member of the Council on Cities and Urbanization, uploaded a post that was later released by picturing how technology could enhance our lives by 2030 if the United Nations sustainable development goals (SDG) were understood through this combination of innovations.
Because everything was free, including clean energy, there was no requirement to own items or property. In her imagined scenario, a number of the crises of the early 21st century "lifestyle illness, environment modification, the refugee crisis, ecological degradation, completely crowded cities, water contamination, air pollution, social discontent and joblessness" were dealt with through new innovations. The short article has actually been slammed as portraying a paradise at the cost of a loss of personal privacy. In response, Auken stated that it was planned to "start a discussion about some of the advantages and disadvantages of the current technological development." While the "interest in 4th Industrial Revolution innovations" had actually "surged" during the COVID-19 pandemic, fewer than 9% of companies were utilizing artificial intelligence, robotics, touch screens and other advanced technologies.
On January 28, 2021 Davos Program virtual panel talked about how artificial intelligence (AI) will "fundamentally change the world". 63% of CEOs believe that "AI will have a bigger effect than the Internet." Throughout 2020, the Great Reset Discussions resulted in multi-year projects, such as the digital improvement program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had increased and "sped up digital improvements". 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 right digital skills". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.
