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Through electrical power, the 2nd industrial mass production was introduced. Electronic devices and details innovations automated the production process in the 3rd industrial revolution. In the 4th industrial revolution the lines in between "physical, digital and biological spheres" have become blurred and this existing revolution, which began with the digital transformation in the mid-1900s, is "characterized by a blend of technologies." This combination of innovations included "fields such as artificial intelligence, robotics, the Web of Things, self-governing automobiles, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." 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 envisioning how technology might enhance our lives by 2030 if the United Nations sustainable development objectives (SDG) were understood through this combination of technologies.

Given that everything was complimentary, including clean energy, there was no need to own items or property. In her thought of circumstance, numerous of the crises of the early 21st century "lifestyle diseases, climate change, the refugee crisis, environmental degradation, totally https://www.openlearning.com/u/larsen-r1efdk/blog/Best15KitchenBathroomRemodelersNearYouHouzz/ congested cities, water contamination, air pollution, social unrest and joblessness" were fixed through new innovations. The article has been slammed as representing an utopia at the rate of a loss of privacy. In reaction, Auken said that it was planned to "start a discussion about some of the advantages and disadvantages of the present technological advancement." While the "interest in Fourth Industrial Transformation innovations" had "surged" throughout the COVID-19 pandemic, fewer than 9% of business were utilizing machine learning, robotics, touch screens and other innovative innovations.

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On January 28, 2021 Davos Agenda virtual panel talked about how artificial intelligence (AI) will "essentially alter the world". 63% of CEOs think that "AI will have a larger effect than the Internet." During 2020, the Great Reset Discussions led to multi-year jobs, such as the digital transformation programme where cross-industry stakeholders investigate how the 2020 "dislocative shock" had actually increased and "accelerated digital changes". Their report stated that, while "digital ecosystems will represent more than $60 trillion in Get more information earnings by 2025", "just 9% of executives [in July 2020] say their leaders have the best digital abilities". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.