Through electrical power, the second commercial mass production was presented. Electronics and infotech automated the production process in the third commercial transformation. In the 4th industrial transformation the lines in between "physical, digital and biological spheres" have actually become blurred and this existing revolution, which began with the digital revolution in the mid-1900s, is "identified by a combination of innovations." This blend of technologies included "fields such as expert system, robotics, the Web of Things, self-governing lorries, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Simply prior to the 2016 annual WEF conference of the International Future Councils, Ida Aukena Danish MP, who was also a young worldwide leader and a member of the Council on Cities and Urbanization, published a post that was later on released by imagining how innovation might enhance our lives by 2030 if the United Nations sustainable advancement goals (SDG) were recognized through this fusion of technologies.

Because everything was complimentary, including clean energy, there was no need to own products or realty. In her imagined circumstance, a number of the crises of the early 21st century "way of life illness, environment modification, the refugee crisis, Browse around this site ecological destruction, totally congested cities, water pollution, air pollution, social unrest and joblessness" were resolved through new innovations. The post has been slammed as portraying a paradise at the cost of a loss of personal privacy. In reaction, Auken said that it was meant to "start a conversation about some of the advantages and disadvantages of the current technological advancement." While the "interest in 4th Industrial Transformation innovations" had "increased" during the COVID-19 pandemic, fewer than 9% of companies were using artificial intelligence, robotics, touch screens and other advanced innovations.

On January 28, 2021 Davos Agenda virtual panel talked about how artificial intelligence (AI) will "essentially change the world". 63% of CEOs think that "AI will have a bigger effect than the Internet." During 2020, the Great Reset Dialogues led to multi-year projects, such as the digital change programme where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "accelerated digital changes". Their report said that, while "digital ecosystems will represent more than $60 trillion in income by 2025", "just 9% of executives [in Find out more July 2020] state their leaders have the ideal digital skills". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.