Through electrical power, the second industrial mass production was presented. Electronics and infotech automated the production procedure in the 3rd industrial transformation. In the fourth industrial revolution the lines between "physical, digital and biological spheres" have become blurred and this present transformation, which began with the digital revolution in the mid-1900s, is "characterized by a blend of innovations." This blend of innovations included "fields such as expert system, robotics, the Web of Things, self-governing lorries, 3-D printing, nanotechnology, biotechnology, products science, energy storage and quantum computing." Right before the 2016 annual WEF meeting of the International Future Councils, Ida Aukena Danish MP, who was also a young global leader and a member of the Council on Cities and Urbanization, published a post that was later released by imagining how innovation might improve our lives by 2030 if the United Nations sustainable advancement objectives (SDG) were realized through this combination of technologies.

Given that everything was complimentary, including tidy energy, there was no need to own items or real estate. In her envisioned situation, a lot of the crises of the early 21st century "way of life illness, environment modification, the refugee crisis, ecological deterioration, completely congested cities, Go here water contamination, air contamination, social discontent and unemployment" were fixed through new technologies. The article has actually been criticized as representing an utopia at the cost of a loss of personal privacy. In response, Auken said that it was planned to "begin a discussion about some of the benefits and drawbacks of the present technological development." While the "interest in 4th Industrial Transformation innovations" had "increased" throughout the COVID-19 pandemic, fewer than 9% of business were utilizing device knowing, robotics, touch screens and other sophisticated technologies.

On January 28, 2021 Davos Agenda virtual panel discussed how expert system (AI) will "fundamentally alter the world". 63% of CEOs think that "AI will have a bigger effect than the Web." Throughout 2020, the Great Reset Discussions resulted in multi-year tasks, such as the digital transformation programme where cross-industry stakeholders examine how the 2020 "dislocative shock" had actually increased and "accelerated digital improvements". Their report said that, while "digital communities will represent more than $60 trillion in earnings by 2025", "only 9% of executives [in July 2020] say their leaders the great reset have the best digital skills". Political leaders such as Canadian Prime Minister Justin Trudeau and U.S.