Through electrical power, the 2nd industrial mass production was introduced. Electronics and infotech automated the production process in the third industrial transformation. In the 4th industrial revolution the lines in between "physical, digital and biological spheres" have ended up being blurred and this present transformation, which began with the digital revolution in the mid-1900s, is "identified by a combination of technologies." This blend of innovations included "fields such as expert system, robotics, the Web of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Just prior to the 2016 annual WEF conference of the International Future Councils, Ida Aukena Danish MP, who was also a young global leader and a member of the Council on Cities and Urbanization, published an article that was later published by imagining how innovation could improve our lives by 2030 if the United Nations sustainable development objectives (SDG) were realized through this blend of technologies.
Given that whatever was complimentary, including clean energy, there was no requirement to own products or realty. In her envisioned circumstance, numerous of the crises of the early 21st century "way of life illness, climate change, the refugee crisis, ecological degradation, completely congested cities, water contamination, air pollution, social unrest and joblessness" were solved through new technologies. The short article has been criticized as portraying an utopia at the price of a loss of personal privacy. In the great reset reaction, Auken said that it was intended to "begin a discussion about a few of the advantages and disadvantages of the current technological advancement." While the "interest in Fourth Industrial Revolution innovations" had "spiked" during the COVID-19 pandemic, less than 9% of business were utilizing artificial intelligence, robotics, touch screens and other sophisticated innovations.
On January 28, 2021 Davos Agenda virtual panel talked about how synthetic intelligence (AI) will "fundamentally change the world". 63% of CEOs believe that "AI will have a bigger effect than the Internet." During 2020, the Great Reset Dialogues led to multi-year projects, such as the evernote.com/shard/s693/sh/c0b600a9-6e5f-8ec2-ba0c-ea8b52bd513d/1ceaa7194c03f476b5f0f6abdb14083b digital transformation program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had increased and "sped up digital changes". 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 right digital skills". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.