Through electrical power, the second industrial mass production was presented. Electronic devices and infotech automated the production process in the 3rd commercial revolution. In the fourth industrial revolution the lines between "physical, digital and biological spheres" have become blurred and this existing transformation, which began with the digital transformation in the mid-1900s, is "identified by a blend of innovations." This fusion of innovations consisted of "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." Prior to the 2016 yearly WEF conference of the Worldwide Future Councils, Ida Aukena Danish MP, who was also a young global leader and a member of the Council on Cities and Urbanization, submitted a blog post that was later on released by envisioning how innovation might improve our lives rylanhryw604.trexgame.net/bathroom-remodeling-at-the-home-depot by 2030 if the United Nations sustainable advancement goals (SDG) were understood through this blend of innovations.

Since everything was complimentary, including clean energy, there was no requirement to own products or property. In her envisioned situation, much of the crises of the early 21st century "lifestyle diseases, climate change, the refugee crisis, environmental deterioration, completely congested cities, water pollution, air contamination, social unrest and unemployment" were solved through brand-new innovations. The article has actually been criticized as representing a paradise at the rate of a loss of personal privacy. In reaction, Auken stated that it was meant to "start a discussion about some of the pros and cons of the present technological development." While the "interest in 4th Industrial Revolution technologies" had "spiked" throughout the COVID-19 pandemic, less than 9% of business were using artificial intelligence, robotics, touch screens and other innovative innovations.

On January 28, 2021 Davos Agenda virtual panel talked about how artificial intelligence (AI) will "fundamentally alter the world". 63% of CEOs believe that "AI will have a bigger effect than the Web." Throughout 2020, the Great Reset Discussions led to multi-year jobs, such as Get more info the digital transformation programme where cross-industry stakeholders investigate how the 2020 "dislocative shock" had increased and "sped up digital transformations". Their report said that, while "digital communities 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". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.