Instead of cashing in on what could be a $1.2 trillion industry, our patchwork collection of local, city, and state governments fight over who should pay to update our infrastructure. This needs to stop.
The hottest wave in technology today is not about the individual consumer, but the “smart city.”
Global companies, having wired people throughout the world, are now on a mission to connect cities, within and without, through the integrated application of advanced technologies like wireless sensors and processors, mobile and video telecommunications, and geographic information systems. The tantalizing prospect: cities and metropolitan areas that use technology to manage urban congestion, maximize energy efficiency, enhance public security, allocate scarce resources based on real time evidence, even educate their citizenry through remote learning.