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1. Through electrical power, the second commercial mass production was presented. Electronic devices and information technologies automated the production procedure in the 3rd commercial revolution. In the fourth commercial transformation the lines in between "physical, digital and biological spheres" have actually ended up being blurred and this existing revolution, which started with the digital revolution in the mid-1900s, is "characterized by a combination of innovations." This combination of technologies included "fields such as expert system, robotics, the Internet of Things, autonomous cars, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Just before the 2016 yearly WEF meeting of the International Future Councils, Ida Aukena Danish MP, who was likewise a young worldwide leader and a member of the Council on Cities and Urbanization, published a blog post that was later on published by thinking of how innovation might improve our lives by 2030 if the United Nations sustainable development goals (SDG) were realized through this blend of technologies. Given that everything was free, including tidy energy, there was no requirement to own items or property. In her thought of situation, a lot of the crises of the early 21st century "lifestyle diseases, environment change, the refugee crisis, environmental destruction, completely congested cities, water contamination, air pollution, social discontent and unemployment" were dealt with through brand-new technologies. The article has actually been slammed as portraying a paradise at the price of a loss of privacy. In action, Auken stated that it was meant to "begin a discussion about a few of the advantages and disadvantages of the present technological advancement." While the "interest in Fourth Industrial Revolution technologies" had "increased" throughout the COVID-19 pandemic, fewer than 9% of companies were utilizing device knowing, robotics, touch screens and other advanced technologies. On January 28, 2021 Davos Program virtual panel talked about how synthetic intelligence (AI) will "fundamentally alter 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 program where cross-industry stakeholders examine how the 2020 "dislocative shock" had actually increased and "accelerated digital changes". Their report stated that, while "digital communities will represent more than $60 trillion in revenue by 2025", "just 9% of executives [in July 2020] state their leaders have the best digital abilities". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.