Through electrical power, the 2nd industrial mass production was introduced. Electronics and infotech automated the production process in the third commercial revolution. In the fourth commercial transformation the lines between "physical, digital and biological spheres" have actually ended up being blurred and this existing transformation, which started with the digital transformation in the mid-1900s, is "characterized by a fusion of innovations." This fusion of innovations included "fields such as expert system, robotics, the Web of Things, self-governing vehicles, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Just prior to the 2016 yearly WEF conference 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 an article that was later released by picturing how innovation could enhance our lives by 2030 if the United Nations sustainable development goals (SDG) were understood through this combination of innovations.
Considering that whatever was free, consisting of clean energy, there was no requirement to own items or realty. In her imagined scenario, a number of the crises of the early 21st century "lifestyle illness, environment modification, the refugee crisis, ecological deterioration, entirely congested cities, water pollution, air contamination, social discontent and unemployment" were fixed through new innovations. The article has been criticized as portraying a paradise at the cost of a loss of personal privacy. In reaction, Auken stated that it was planned to "start a conversation about some of the benefits and drawbacks of the existing technological advancement." While the "interest in Fourth Industrial Transformation innovations" had "spiked" during the COVID-19 pandemic, fewer than 9% of business 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 alter the world". 63% of CEOs think that "AI will have a larger impact than the Internet." Throughout 2020, the Great Reset Dialogues resulted in multi-year projects, such as the digital change programme where cross-industry stakeholders examine how the 2020 "dislocative shock" had actually increased and "accelerated digital transformations". Their report stated that, while "digital communities will represent more than $60 trillion in earnings by 2025", "just 9% of executives [in July 2020] state their leaders have the ideal digital skills". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.