Are Smart Cities Still A Smart Bet Amid ‘Urban Flight’ And The Pandemic?

PYMNTS |

Photo by Denys Nevozhai on Unsplash

The pandemic has pressured corporate top lines — and as a result, leaves less money to go around to fund innovation, especially for tech-focused firms. So-called “smart-city” initiatives might be a casualty, especially if it’s perceived that people are leaving urban areas for the ‘burbs. In other words, to mangle a line from “Field of Dreams”: “Why build it if they won’t come?”

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