Through electrical power, the second commercial mass production was introduced. Electronics and info innovations automated the production process in the third commercial revolution. In the fourth industrial transformation the lines between "physical, digital and biological spheres" have ended up being blurred and this present revolution, which started with the digital transformation in the mid-1900s, is "identified by a fusion of technologies." This fusion of technologies included "fields such as synthetic intelligence, robotics, the Web of Things, autonomous automobiles, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Simply before the 2016 annual WEF conference of the Worldwide Future Councils, Ida Aukena Danish MP, who was likewise a Homepage young global leader and a member of the Council on Cities and Urbanization, uploaded an article that was later published by picturing how technology could improve our lives by 2030 if the United Nations sustainable development goals (SDG) were recognized through this blend of innovations.

Because whatever was free, including clean energy, there was no need to own products or real estate. In her thought of circumstance, a number of the crises of the early 21st century "lifestyle illness, climate change, the refugee crisis, ecological degradation, totally crowded cities, water pollution, air contamination, social unrest and joblessness" were fixed through new innovations. The article has actually been slammed as representing an utopia at the price of a loss of personal privacy. In reaction, Auken said that it was intended to "start a conversation about a few of the benefits and drawbacks of the present technological advancement." While the "interest in Fourth Industrial Transformation innovations" had "spiked" throughout the COVID-19 pandemic, fewer than 9% of companies were using machine knowing, robotics, touch screens and other advanced innovations.

On January 28, 2021 Davos Agenda virtual panel went over how expert system (AI) will "fundamentally alter the world". 63% of CEOs think that "AI will have a bigger impact than the Internet." During 2020, the Great Reset Dialogues resulted in multi-year tasks, such as the digital change programme where cross-industry stakeholders examine how the 2020 "dislocative shock" had increased and "sped up digital improvements". Their report stated that, while "digital ecosystems will represent more than https://diigo.com/0nftzo $60 trillion in earnings by 2025", "only 9% of executives [in July 2020] say their leaders have the right digital skills". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.