newsfilter
← Interviews
The Economist19 min

Transforming cities with technology

Fabio Duarte, Caitlin Dolkaert, Nick Mokua

Statement, Other

With global urbanization driving 900 million people into slums and cities consuming three-quarters of world energy, the smart city sector is surging toward a $1.5 trillion valuation by leveraging real-time data networks. Innovators in Seoul, Nairobi, and Boston demonstrate this shift by deploying integrated sensor systems to optimize transportation, coordinate emergency services, and detect public health crises through sewage and infrastructure monitoring. These initiatives prioritize using data to "make people smarter," directly addressing affordability, traffic gridlock, and opioid surges without relying solely on hardware deployment.