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Posted by Genoveva on April 17th, 2021

Through electrical power, the second commercial mass production was introduced. Electronics and infotech automated the production procedure in the 3rd commercial revolution. In the fourth industrial transformation the lines in between "physical, digital and biological spheres" have actually ended up being blurred and this existing transformation, which started with the digital transformation in the mid-1900s, is "characterized by a blend of technologies." This combination of technologies included "fields such as expert system, robotics, the Internet of Things, self-governing automobiles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage and quantum computing." Right before the 2016 annual WEF conference of the International Future Councils, Ida Aukena Danish MP, who was also a young worldwide leader and a member of the Council on Cities and Urbanization, uploaded a post that was later released by imagining how technology could improve our lives by 2030 if the United Nations sustainable development objectives (SDG) were recognized through this blend of technologies.

Given that everything was free, consisting of clean energy, there was no requirement to own products or property. In her imagined situation, a number of the crises of the early 21st century "way of life illness, climate modification, the refugee crisis, environmental destruction, totally crowded cities, water pollution, air contamination, social unrest and joblessness" were solved through new technologies. The short article has actually been criticized as portraying an utopia at the cost of a loss of privacy. In response, Auken said that it was planned to "begin a conversation about some of the benefits and drawbacks of the current technological advancement." While the "interest in Fourth Industrial Transformation technologies" had actually "increased" throughout the COVID-19 pandemic, less than 9% of companies were utilizing artificial intelligence, robotics, touch screens and other sophisticated technologies.

On January 28, 2021 Davos Agenda virtual panel discussed how artificial intelligence (AI) will "basically alter the world". 63% of CEOs think that "AI will have a larger effect than the Internet." Throughout 2020, the Great Reset Dialogues led to 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 stated that, while "digital environments will represent more than trillion in income by 2025", "just 9% of executives [in July 2020] say their leaders have the ideal digital skills". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.

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