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Through electrical power, the second commercial mass production was presented. Electronics and infotech automated the production process in the 3rd commercial revolution. In the 4th industrial transformation the lines between "physical, digital and biological spheres" have actually become blurred and this present transformation, which began with the digital revolution in the mid-1900s, is "characterized by a combination of innovations." This fusion of technologies consisted of "fields such as artificial intelligence, robotics, the Web of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Prior to the 2016 yearly WEF conference of the Global Future Councils, Ida Aukena Danish MP, who was also a young worldwide leader and a member of the Council on Cities and Urbanization, submitted a post that was later on released by envisioning how innovation might improve our lives by 2030 if the United Nations sustainable development objectives (SDG) were recognized through this blend of technologies.

Since everything was complimentary, consisting of clean energy, there was no need to own products or realty. In her imagined situation, much of the crises of the early 21st century "way of life illness, climate modification, the refugee crisis, environmental destruction, entirely crowded cities, water contamination, air pollution, social discontent and unemployment" were fixed through new technologies. The short article has been criticized as depicting an utopia at the cost of a loss of personal privacy. In reaction, Auken stated that it was meant to "begin a conversation about some of the pros and cons of the existing technological advancement." While the "interest in 4th Industrial Transformation innovations" had "surged" during the COVID-19 pandemic, less than 9% of business were utilizing artificial intelligence, robotics, touch screens and other innovative technologies.

On January 28, 2021 Davos Program virtual panel went over how artificial intelligence (AI) will "basically change the world". 63% of CEOs think that "AI will have a bigger impact than the Internet." During 2020, the Great Reset Dialogues led to multi-year tasks, such as the digital change programme where cross-industry stakeholders examine how the 2020 "dislocative shock" had increased and "sped up digital changes". Their report said that, while "digital ecosystems will represent more than $60 trillion in earnings by 2025", "only 9% of executives [in July 2020] state their leaders have the best digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.




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