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Through electrical power, the second industrial mass production was presented. Electronic devices and infotech automated the production procedure in the 3rd commercial revolution. In the fourth industrial transformation the lines between "physical, digital and biological spheres" have ended up being blurred and this existing revolution, which began with the digital revolution in the mid-1900s, is "defined by a combination of technologies." This combination of innovations consisted of "fields such as artificial intelligence, robotics, the Internet of Things, autonomous lorries, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Prior to the 2016 yearly WEF conference of the Worldwide 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 post that was later on released by picturing how technology might improve our lives by 2030 if the United Nations sustainable advancement objectives (SDG) were realized through this combination of technologies.

Because whatever was complimentary, including clean energy, there was no need to own products or property. In her thought of scenario, many of the crises of the early 21st century "lifestyle diseases, environment modification, the refugee crisis, environmental destruction, totally crowded cities, water contamination, air contamination, social unrest and joblessness" were dealt with through new innovations. The article has actually been criticized as representing an utopia at the price of a loss of personal privacy. In response, Auken stated that it was meant to "start a discussion about a few of the advantages and disadvantages of the current technological development." While the "interest in Fourth Industrial Revolution technologies" had actually "surged" during the COVID-19 pandemic, less than 9% of business were using artificial intelligence, robotics, touch screens and other sophisticated technologies.


On January 28, 2021 Davos Agenda virtual panel went over how synthetic intelligence (AI) will "fundamentally change the world". 63% of CEOs believe that "AI will have a bigger 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 examine how the 2020 "dislocative shock" had increased and "accelerated digital transformations". Their report stated that, while "digital communities will represent more than $60 trillion in income by 2025", "just 9% of executives [in July 2020] say their leaders have the ideal digital abilities". Politicians such as Canadian Prime Minister Justin Trudeau and U.S.