No Result
View All Result
  • Login
Thursday, August 6, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Economy

Why Futuristic, Tech-Centered ‘Smart City’ Projects Are Destined To Fail

by theadvisertimes.com
6 months ago
in Economy
Reading Time: 5 mins read
A A
0
Why Futuristic, Tech-Centered ‘Smart City’ Projects Are Destined To Fail
Share on FacebookShare on TwitterShare on LInkedIn


Yves here. The smart city vogue has been under way for a while. Some of this reflects a belief that new must be better. Others seem to result from tech bro pet visions that often unwittingly expose their libertarian, computer/surveillance bent. This article takes an unsparing look at some of these experiments and find there is a lot not to like.

By Pascual Berrone, Head of Strategic Management Department and Chair of Sustainability and Business Strategy, IESE Business School (Universidad de Navarra). Originally published at The Conversation

For residents of European cities – with their snarled traffic, draughty old buildings, creaking public services and grey winters – it’s easy to see the appeal of moving to a brand-new, high-tech metropolis.

Enter Dunia Cyber City, a new special economic zone in Zanzibar aimed at attracting tech workers (real and virtual) and companies with its low taxes. Backed by former Apple executive Florian Fournier and the Zanzibar government, the proposed development is inspired by so-called network states – autonomous, digitally crowdfunded micronations or city states – and is meant to bring together like-minded individuals to focus on technological experimentation and cryptocurrency.

Saudi Arabia, meanwhile, has recently scaled back its own massive and controversial experiment in smart cities. The Line was envisioned as a metropolis for up to 9 million people stretching in a straight, 170-kilometre line across the desert and mountains.

The Line concept. NEOM

While these projects, and similar past attempts such as South Korea’s Songdo, differ in scale and ambition, one of the elements that links them is the conviction that deploying technology – the more the better – is the key to the cities of the future.

This is not a minor issue, as the world’s cities are its future – 55% of the global population currently lives in a city, a figure expected to grow to 68% by 2050.

Urban centres account for a growing portion of global GDP and are drivers of innovation and creativity. But they are also plagued by quality-of-life problems related to crime, pollution and income inequality, and a lack of social cohesion. Global issues such as climate change and migration – both internal and international – also loom large.

For some policymakers, turning to technology and converting their cities into “smart cities” can solve their problems. But experience and research show that this approach is anything but a universal solution.

What Is a Smart City?

One of the problems surrounding smart cities is that the concept is vague and ill-defined. The list of the world’s cities that consider themselves smart – from San Diego to Tel Aviv, Kochi and Bogota – is a testament to how varied the designation is.

A more unified definition, one built around responsible governance rather than cutting-edge technology, would be useful. Frontier smart city projects like Dunia and The Line have failed on fundamental governance issues such as legitimacy, inclusion, accountability, rights and long-term delivery.

Tech Does Not Equal Liveability

In calculating our yearly Cities in Motion Index (CIMI) of sustainable and liveable cities, we have found that cities with high scores in technology don’t necessarily perform well in other areas, or in the overall ranking.

The CIMI ranks nearly 200 global cities on nine criteria, including technology. For the technology score, we measure factors such as percentage of the population covered by 4G and 5G networks, households with internet access, and the number of mobile phones per 100 inhabitants.

In the 2025 CIMI, it’s interesting to note that none of the top five in technology – Hong Kong, Dubai, Singapore, Abu Dhabi and Seoul – appeared in the top five of the overall ranking. In fact, they were virtually absent from the leading cities in all the other eight dimensions: human capital, social cohesion, economy, governance, environment, mobility and transportation, urban planning and international profile, and even economy.

For the overall ranking, the top five were London, New York, Paris, Tokyo and Berlin. Yes, these are cities with snarled traffic and draughty buildings, but they are also home to diverse global talent, cultural institutions and relative political stability. Another cluster of cities – places such as Amsterdam, Copenhagen and Zurich – not only rank well overall but also show a balanced approach among the different urban dimensions.

Smart Governance, Not Smart Cities

Clearly, technology is not enough to make a city liveable or sustainable. Our research has shown that instead of focusing on smart cities, the focus should be on smart governance. This requires:

Strategic thinking. Holistic, long-term policies which incorporate factors such as sustainability and social cohesion. An objective diagnosis of a city’s real weaknesses is essential before leaping into marketing-friendly smart city projects.
Seeing beyond technology. Technology is a means and not an end. Smart buildings, for example, have little impact if everything around them is decidedly unsmart. Access must be broad, and geared toward problem solving.
Creative local approach. Each city is unique and there are few one-size-fits-all answers. Importing planning solutions from, say, the US may not work in other contexts. Policymakers should not just learn best practices from other cities – they also need to adapt them to their own reality.
Collaboration. It takes a village to make a city. Stakeholder cooperation is key. Public-private partnerships can be particularly effective in getting things done in cities, and can also help to break siloed mentalities that fail to respond to citizens’ needs.
People-centred mindset. Every solution must solve a real problem that residents are facing, offering them value. If not, initiatives may fall flat and create backlash against change.
Innovations to solve the big challenges. Policymakers will need to consider the major challenges the world is facing, from climate change to migration, and plan for how it will impact their city. These global issues have local impact to varying degrees.

The advantage of smart governance is that it fosters sustainable economic, social and environmental development in a way that other governance approaches fail to do.

Dunia Cyber City and The Line promise technological utopias, but the world’s most liveable cities weren’t designed on blank canvases by tech visionaries. They evolved through decades of messy, incremental governance that put people first. That’s the blueprint to learn from.

El-Sayed on Track to Win US Senate Primary, Overcoming AIPAC’s  Million Onslaught



Source link

Tags: CityDestinedFAILfuturisticProjectsSmartTechCentered
ShareTweetShare
Previous Post

F&O Talk | Nifty crosses 100-DMA, but consolidation looms; Sudeep Shah highlights 2 rally triggers

Next Post

SBI Q3 Results: Profit jumps 24% YoY to Rs 21,028 crore, NII rises 9%

Related Posts

Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

by theadvisertimes.com
August 6, 2026
0

There are few big new stories about the Iran war today save the widespread Western press misreporting of the status...

THE WATER WARS HAVE BEGUN

THE WATER WARS HAVE BEGUN

by theadvisertimes.com
August 6, 2026
0

The World Economic Forum has openly proclaimed 2026 the “Year of Water” and has introduced what it calls “Blue Davos,”...

The Property Rights Duality and the Defense of Freedom

The Property Rights Duality and the Defense of Freedom

by theadvisertimes.com
August 5, 2026
0

Though the modern state successfully frames itself as the ultimate guarantor of positive rights, it is the opposite: a systematic...

Private companies added just 44,000 workers in July, below expectations, ADP reports

Private companies added just 44,000 workers in July, below expectations, ADP reports

by theadvisertimes.com
August 5, 2026
0

Hiring at private companies slowed considerably in July, with most of the job growth coming from healthcare, payrolls processing firm...

El-Sayed on Track to Win US Senate Primary, Overcoming AIPAC’s  Million Onslaught

El-Sayed on Track to Win US Senate Primary, Overcoming AIPAC’s $30 Million Onslaught

by theadvisertimes.com
August 5, 2026
0

Yves here. Just wait for the hysteria about progressives (who will be called socialists and worse) to shift to a...

Europe drought threatens energy, shipping and growth

Europe drought threatens energy, shipping and growth

by theadvisertimes.com
August 5, 2026
0

An aerial view shows a former eel fishing boat covered in dried mud among on low water among the banks...

Next Post
SBI Q3 Results: Profit jumps 24% YoY to Rs 21,028 crore, NII rises 9%

SBI Q3 Results: Profit jumps 24% YoY to Rs 21,028 crore, NII rises 9%

Strategy Inc.’s (MSTR) Bitcoin Stockpile Now at 713,502

Strategy Inc.’s (MSTR) Bitcoin Stockpile Now at 713,502

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

July 20, 2026
The Hidden Cost of Chaos: Challenges with Spreadsheet-Based Channel Management in 2026

The Hidden Cost of Chaos: Challenges with Spreadsheet-Based Channel Management in 2026

May 6, 2026
6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

0
Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

0
Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

0
This Citi Card’s Dining Perk Scored Me a Hard-to-Get Table

This Citi Card’s Dining Perk Scored Me a Hard-to-Get Table

0
The Key Battles for Senate Control Are Set

The Key Battles for Senate Control Are Set

0
Wall Street’s ‘fear gauge’ is doing something unusual as stocks hit record highs

Wall Street’s ‘fear gauge’ is doing something unusual as stocks hit record highs

0
Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?

August 6, 2026
6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’

August 6, 2026
Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages

August 6, 2026
The Key Battles for Senate Control Are Set

The Key Battles for Senate Control Are Set

August 6, 2026
Tax Authority warns higher income Israelis are leaving

Tax Authority warns higher income Israelis are leaving

August 6, 2026
Utah Judge Rejects Kalshi’s Federal Shield From Gambling Laws

Utah Judge Rejects Kalshi’s Federal Shield From Gambling Laws

August 6, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Dell Technologies (DELL): Steht der Mega-Ausbruch kurz bevor?
  • 6-Figure Trade Jobs. Surely Not? Nvidia CEO Says ‘The Skilled Craft Segment of Every Economy Is Going to See a Boom’
  • Iran War: Iran Agreement With Oman Will Not “Open” Strait of Hormuz as Trump Hypes Non-Existent Talks; Ansar Allah Threatens Red Sea Escalation; Trump-Hegseth Row Over Weapons Shortages
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.