Through electrical power, the 2nd industrial mass production was introduced. Electronic devices and infotech automated the production process in the 3rd commercial revolution. In the 4th commercial revolution the lines between "physical, digital and biological spheres" have ended up being blurred and this current revolution, which started with the digital revolution in the mid-1900s, is "defined by a blend of technologies." This fusion of innovations consisted of "fields such as synthetic intelligence, robotics, the Internet of Things, self-governing lorries, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Prior to the 2016 yearly 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, submitted an article that was later published by imagining how technology could enhance our lives by 2030 if the United Nations sustainable development goals (SDG) were realized through this combination of technologies.
Since whatever was complimentary, consisting of clean energy, there was no need to own items or realty. In her imagined situation, a number of the crises of the early 21st century "way of life diseases, climate change, the refugee crisis, environmental destruction, entirely crowded cities, water pollution, air pollution, social unrest and joblessness" were solved through new innovations. The post has been criticized as representing a paradise at the cost of a loss of personal privacy. In response, Auken said that it was meant to "begin a conversation about a few of the advantages and disadvantages of the present technological development." While the "interest in 4th Industrial Transformation technologies" had "increased" during the COVID-19 pandemic, less than 9% of companies were using artificial intelligence, robotics, touch screens and other sophisticated innovations.
On January 28, 2021 Davos Agenda virtual panel discussed 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 resulted in multi-year jobs, such as the digital improvement program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "accelerated digital improvements". Their report stated that, while "digital environments will represent more than $60 trillion in profits by 2025", "only 9% of executives [in July 2020] state their leaders have the right digital skills". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.