Through electrical power, the second commercial mass production was introduced. Electronics and infotech automated the production process in the 3rd commercial transformation. In the fourth commercial transformation the the great reset video world economic forum lines between "physical, digital and biological spheres" have actually ended up being blurred and this existing revolution, which began with the digital transformation in the mid-1900s, is "characterized by a combination of innovations." This combination of technologies consisted of "fields such as expert system, robotics, the Web of Things, self-governing cars, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Simply prior to the 2016 yearly WEF conference of the International Future Councils, Ida Aukena Danish MP, who was also a young international leader and a member of the Council on Cities and Urbanization, uploaded a blog post that was later on published by envisioning how technology might enhance our lives by 2030 if the United Nations sustainable development goals (SDG) were realized through this combination of innovations.
Since everything was free, including clean energy, there was no need to own items or property. In her envisioned scenario, much of the crises of the early 21st century "way of life diseases, climate change, the refugee crisis, ecological destruction, totally the great reset crowded cities, water pollution, air pollution, social unrest and joblessness" were fixed through new technologies. The post has actually been criticized as portraying a paradise at the price of a loss of personal privacy. In action, Auken said that it was intended to "begin a discussion about some of the advantages and disadvantages of the current technological development." While the "interest in 4th Industrial Transformation innovations" had actually "increased" throughout the COVID-19 pandemic, less than 9% of companies were using maker learning, robotics, touch screens and other advanced innovations.
On January 28, 2021 Davos Program virtual panel talked about how synthetic intelligence (AI) will "fundamentally change the world". 63% of CEOs think that "AI will have a larger effect than the Web." Throughout 2020, the Great Reset Dialogues led to multi-year projects, such as the digital transformation program where cross-industry stakeholders s3.us-east-1.amazonaws.com/thegreatreset/1/exponential-tech-investor-jeff-brown.html investigate how the 2020 "dislocative shock" had increased and "sped up digital transformations". Their report stated 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 right digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.