Smart cities use big data, cloud computing, edge technology and artificial intelligence to develop more sustainable practices to address the growing challenges of urban areas, while improving the efficiency and effectiveness of the delivery of services, from trash collection and easing traffic congestion to filling potholes and improving energy and water distribution.
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Being too big has never been a reason to pursue antitrust actions. Instead, mistrust usually revolves around conduct or consumer harm. That said, the two main arguments for breaking up big tech companies are that they hurt small businesses and they stifle competition.
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The disruption in financial services is breathtaking. A recent survey of the financial services landscape by PwC,1 a global consultancy, identified the top 10 disruptive technologies affecting the financial industry today.
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Increasingly, economists are beginning to ask the question, “Is GDP, which measures the value of products and services sold and bought, being underestimated by the widespread use of free technology?”
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Computer chip technology promises a future that will revolutionize medicine, how people will live their lives and perhaps even redefine what it means to be human.
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