Through electrical power, the second industrial mass production was presented. Electronics and details innovations automated the production process in the third industrial revolution. In the 4th industrial transformation the lines in between "physical, digital and biological spheres" have ended up being blurred and this current transformation, which began with the digital revolution in the mid-1900s, is "characterized by a blend of technologies." This blend of technologies consisted of "fields such as artificial intelligence, robotics, the Internet of Things, autonomous cars, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Prior to the 2016 annual WEF meeting of the Worldwide Future Councils, Ida Aukena Danish MP, who was likewise a young international leader and a member of the Council on Cities and Urbanization, uploaded a post that was later published by envisioning how technology could improve our lives by 2030 if the United Nations sustainable advancement objectives (SDG) were understood through this combination of innovations.
Given that everything was totally free, including clean energy, there was no requirement to own products or property. In her envisioned circumstance, a number of the crises of the early 21st century "lifestyle illness, climate modification, the refugee crisis, ecological destruction, completely congested cities, water contamination, air contamination, social discontent and joblessness" were fixed through brand-new technologies. The article has been slammed as depicting a paradise at the cost of a loss of privacy. In reaction, Auken stated that it was meant to "begin a conversation about a few of the advantages and disadvantages of the existing technological development." While the "interest in 4th Industrial Revolution technologies" had "spiked" during the COVID-19 pandemic, fewer than 9% of business were using machine knowing, robotics, touch screens and other sophisticated innovations.
On January 28, 2021 Davos Program virtual panel went over how artificial intelligence (AI) will "essentially alter the world". 63% of CEOs believe that "AI will have a larger effect than the Web." During 2020, the Great Reset Dialogues resulted in multi-year projects, such as the digital improvement program where cross-industry stakeholders examine how the 2020 "dislocative shock" had actually increased and "sped up digital improvements". Their report said that, while "digital ecosystems will represent more than $60 trillion in income by 2025", "only 9% of executives [in July 2020] say their leaders have the right digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.