Through electrical power, the second commercial mass production was presented. Electronics and infotech automated the production process in the third commercial transformation. In the fourth commercial revolution the lines in between "physical, digital and biological spheres" have actually ended up being blurred and this present transformation, which started with the digital transformation in the mid-1900s, is "defined by a combination of technologies." This combination of innovations consisted of "fields such as expert system, robotics, the Internet of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, products 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 an article that was later published by picturing how technology might enhance our lives by 2030 if the United Nations sustainable advancement objectives (SDG) were understood through this combination of innovations.
Because whatever was free, consisting of clean energy, there was no requirement to own products or property. In her thought of circumstance, much of the crises of the early 21st century "lifestyle illness, environment change, the refugee crisis, environmental destruction, completely crowded cities, water contamination, air contamination, social discontent and unemployment" were dealt with through new innovations. The short article has actually been criticized as portraying an utopia at the cost of a loss of privacy. In reaction, Auken stated that it was planned to "begin a conversation about a few of the advantages and disadvantages of the current technological development." While the "interest in 4th Industrial Revolution innovations" had "increased" throughout the COVID-19 pandemic, fewer than 9% of business were using artificial intelligence, robotics, touch screens and other innovative technologies.
On January 28, 2021 Davos Agenda virtual panel discussed how expert system (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 tasks, such as the digital change programme where cross-industry stakeholders investigate how the 2020 "dislocative shock" had increased and "accelerated digital improvements". Their report said 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 best digital skills". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.