Through electrical power, the second commercial mass production was introduced. Electronics and infotech automated the production process in the third commercial transformation. In the fourth commercial revolution the lines between "physical, digital and biological spheres" have become blurred and this current revolution, which started with the digital transformation in the mid-1900s, is "characterized by a fusion of innovations." This fusion of technologies consisted of "fields such as synthetic intelligence, robotics, the Web of Things, self-governing vehicles, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Just prior to the 2016 annual WEF meeting 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 an article that was later released by picturing how technology could enhance our lives by 2030 if the United Nations sustainable development objectives (SDG) were realized through this fusion of innovations.
Since everything was totally free, consisting of clean energy, there was no requirement to own products or realty. In her imagined situation, a lot of the crises of the early 21st century "lifestyle diseases, climate change, the refugee crisis, ecological degradation, totally congested cities, water pollution, air contamination, social discontent and joblessness" were solved through new technologies. The short article has been criticized as representing a paradise at the cost of a loss of personal privacy. In action, Auken stated that it was intended to "start a conversation about some of the advantages and disadvantages of the current technological development." While the "interest in 4th Industrial Transformation technologies" had actually "increased" throughout the COVID-19 pandemic, fewer than 9% of companies were using artificial intelligence, robotics, touch screens and other innovative innovations.
On January 28, 2021 Davos Agenda virtual panel discussed how expert system (AI) will "essentially change the world". 63% of CEOs believe that "AI will have a bigger effect than the Web." Throughout 2020, the Great Reset Discussions resulted in multi-year projects, such as the digital transformation programme where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "sped up digital transformations". Their report said that, while "digital environments will represent more than $60 trillion in earnings 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.