Through electrical power, the second commercial mass production was presented. Electronic devices and infotech automated the production process in the 3rd commercial revolution. In the fourth commercial revolution the lines between "physical, digital and biological spheres" have actually become blurred and this existing transformation, which began with the digital revolution in the mid-1900s, is "characterized by a fusion of innovations." This blend of innovations included "fields such as expert system, robotics, the Web of Things, self-governing automobiles, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Just before the 2016 annual WEF conference of the Worldwide Future Councils, Ida Aukena Danish MP, who was likewise a young worldwide leader and a member of the Council on Cities and Urbanization, submitted a post that was later released by envisioning how technology might enhance our lives by 2030 if the United Nations sustainable advancement goals (SDG) were realized through this combination of technologies.
Given that whatever was free, including tidy energy, there was no requirement to own items or property. In her imagined situation, a lot of the crises of the early 21st century "lifestyle illness, environment change, the refugee crisis, environmental destruction, totally crowded cities, water pollution, air pollution, social discontent and joblessness" were solved through new technologies. The post has been criticized as depicting an utopia at the rate of a loss of privacy. In response, Auken said that it was planned to "begin a discussion about a few of the benefits and drawbacks of the existing technological advancement." While the "interest in 4th Industrial Revolution technologies" had "increased" during the COVID-19 pandemic, fewer than 9% of business were using artificial intelligence, robotics, touch screens and other sophisticated innovations.
On January 28, 2021 Davos Agenda virtual panel went over how expert system (AI) will "basically alter the world". 63% of CEOs think that "AI will have a bigger effect than the Internet." Throughout 2020, the Great Reset Discussions led to multi-year tasks, such as the digital improvement program where cross-industry stakeholders examine how the 2020 "dislocative shock" had increased and "sped up digital transformations". Their report stated that, while "digital communities will represent more than $60 trillion in income by 2025", "only 9% of executives [in July 2020] say their leaders have the best digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.