Through electrical power, the 2nd industrial mass production was introduced. Electronics and info innovations automated the production process in the third commercial transformation. In the fourth commercial transformation the lines between "physical, digital and biological spheres" have ended up being blurred and this present revolution, which started with the digital revolution in the mid-1900s, is "identified by a blend of technologies." This fusion of technologies consisted of "fields such as artificial intelligence, robotics, the Web of Things, autonomous lorries, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Right before the 2016 annual WEF conference of the Global 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 post that was later on published by thinking of how technology might improve our lives by 2030 if the United Nations sustainable development goals (SDG) were understood through this fusion of technologies. Since everything was totally free, including clean energy, there was no need to own products or realty. In her thought of circumstance, a lot of the crises of the early 21st century "way of life illness, environment change, the refugee crisis, environmental degradation, totally congested cities, water contamination, air pollution, social discontent and unemployment" were fixed through new technologies. The article has been criticized as portraying a paradise at the price of a loss of privacy. In response, Auken stated that it was meant to "begin a conversation about a few of the advantages and disadvantages of the present technological development." While the "interest in 4th Industrial Transformation technologies" had actually "spiked" during the COVID-19 pandemic, fewer than 9% of business were utilizing maker knowing, robotics, touch screens and other advanced innovations. On January 28, 2021 Davos Agenda virtual panel talked about how expert system (AI) will "fundamentally change the world". 63% of CEOs believe that "AI will have a bigger impact than the Internet." During 2020, the Great Reset Discussions 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 improvements". Their report said that, while "digital communities will represent more than $60 trillion in revenue by 2025", "only 9% of executives [in July 2020] say their leaders have the ideal digital abilities". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.
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