There has never been problem with the resources, the problems lie within distribution.
Whatever it may be termed – smart city, sustainable city, resilient city etc. Future cities should emulate how nature works.
Having the power to relate should be one of the prerequisite condition for the masterminds behind any city development, management or preservation.
Three key considerations in developing the future cities:
1) Wealth Creation
2) Value Transfer
3) Resource Management
1) Wealth Creation
Resources need to exist before we can allocate them.
What does produce true wealth? FEE-SHE:
- Food
- Energy
- Education
- Shelter
- Healthcare
- Entertainment
How do we value each and every resource we have in the city?
Creation of capital in its simplest form may give some hints in jump starting the city economy.
Money is an idea.
2) Value Transfer
Money, by no means is a proven tool for people to communicate value. It has been used to store value, as medium of exchange, and act as unit of accounting for people to further explore and studies what can be done with recorded resources.
In the age of Big Data, we see the possibilities of embracing Data Capitalism in a city-state, or even nation-state level implication.
Transferring value in a high-tech ecosystem requires good data infrastructure and strong security.
3) Resource Management
Combining the scale effect, network effect, and feedback effect under a city scale project, we now see the possibilities of developing an AI driven, Blockchain based Cognitive resource management system powered by Data, Ethically. #ABCDETheWorld
We have seen ideas like Tech City, Crypto City in the making. It’s just a matter of time for more themed city to be revealed, such as Sports City, Wellness City etc.
Where would you choose to live then?
Case Study 1: Toyota Woven City
Toyota Woven City was unveiled and presented during CES 2020.
Case Study 2: Akon City
Akoin was created by Grammy-nominated, ulti-platinum selling artist, producer, entrepreneur and philanthropist Akon, who successfully founded and grew Akon Lighting Africa to provide scaled solar power solutions throughout 18 African countries.
Case Study 3: Dubai’s Astonishing Projects (Upcoming)
Case Study 4: Jurong Lake District: The Second CBD
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