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Through electrical power, the 2nd commercial mass production was introduced. Electronic devices and info technologies automated the production process in the 3rd industrial revolution. In the fourth commercial transformation the lines in between "physical, digital and biological spheres" have actually become blurred and this current revolution, which began with the digital revolution in the mid-1900s, is "identified by a fusion of innovations." This combination of technologies consisted of "fields such as expert system, robotics, the Internet of Things, self-governing cars, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Prior to the 2016 annual WEF conference of the Worldwide Future Councils, Ida Aukena Danish MP, who was likewise a young global leader and a member of the Council on Cities and Urbanization, published a blog site post that was later published by picturing how technology could enhance our lives by 2030 if the United Nations sustainable advancement goals (SDG) were recognized through this combination of innovations.

Considering that everything was free, including clean energy, there was no need to own items or realty. In her pictured circumstance, many of the crises of the early 21st century "lifestyle illness, climate modification, the refugee crisis, ecological degradation, entirely congested cities, water pollution, air pollution, social discontent and unemployment" were solved through brand-new technologies. The post has been slammed as representing an utopia at the price of a loss of personal privacy. In reaction, Auken stated that it was intended to "start a discussion about a few of the advantages and disadvantages of the current technological advancement." While the "interest in Fourth Industrial Revolution technologies" had actually "surged" during the COVID-19 pandemic, fewer than 9% of companies were using maker learning, robotics, touch screens and other advanced innovations.

On January 28, 2021 Davos Agenda virtual panel discussed how synthetic intelligence (AI) will "essentially change the world". 63% of CEOs think that "AI will have a larger effect than the Internet." During 2020, the Great Reset Dialogues resulted in multi-year jobs, such as the digital change program where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "accelerated digital changes". Their report said that, while "digital environments will represent more than $60 trillion in earnings by 2025", "just 9% of executives [in July 2020] state their leaders have the best digital skills". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.




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