Through electrical power, the second industrial mass production was introduced. Electronic devices and infotech automated the production process in the 3rd industrial revolution. In the fourth commercial transformation the lines in between "physical, digital and biological spheres" have actually become blurred and this current revolution, which started with the digital transformation in the mid-1900s, is "defined by a fusion of innovations." This blend of innovations consisted of "fields such as synthetic intelligence, robotics, the Internet of Things, self-governing cars, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Prior to the 2016 annual 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, published a blog post that was later on published by thinking of how innovation could enhance our lives by 2030 if the United Nations sustainable development goals (SDG) were understood through this blend of technologies.
Given that everything was totally free, including clean energy, there was no need to own products or property. In her pictured situation, much of the crises of the early 21st century "lifestyle illness, climate modification, the refugee crisis, ecological degradation, entirely crowded cities, water pollution, air pollution, social unrest and unemployment" were dealt with evernote.com/shard/s534/sh/2c1814c5-3bc5-cdd4-f867-b9823ba297d6/a740fb9bdcf89fdbcb355118e9a187de through new technologies. The short article has actually been slammed as representing an utopia at the rate of a loss of privacy. In reaction, Auken stated that it was intended to "begin a discussion about a few of the pros and cons of the present technological advancement." While the "interest in Fourth Industrial Revolution innovations" had "surged" during the COVID-19 pandemic, less than 9% of companies were utilizing artificial intelligence, Home page robotics, touch screens and other advanced technologies.
On January 28, 2021 Davos Program virtual panel discussed how synthetic intelligence (AI) will "fundamentally change the world". 63% of CEOs think that "AI will have a bigger effect than the Internet." Throughout 2020, the Great Reset Dialogues resulted in multi-year tasks, such as the digital improvement program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "sped up digital transformations". Their report stated that, while "digital ecosystems will represent more than $60 trillion in profits by 2025", "just 9% of executives [in July 2020] state their leaders have the right digital abilities". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.