Musabbir Chowdhury
2019 Proceedings of the 48th International Academic Conference, Copenhagen   unpublished
Intelligent technologies such as block chain, internet of things, data analytics, artificial intelligence, and sensor fusion that are all necessary for smart cities and the sharing economy are now wide-spread. The Four Pillars of Productivity (4POP) framework is applied to determine the appropriate business positioning, given that these modern cities will very soon start to emerge and will make even greater use of the sharing economy. The financial gain, convenience, and overall quality of life
more » ... improvements that the sharing economy can offer need to be fully realized. This will involve the sharing of almost all resources and skills, both in the home and work environments. Alignment with intelligent technology trends are considered; these include coordination of logistics and operations, digital governance, corporate culture, and smart urbanization effects on behavior and business practices. The paper also addresses the increased systematic risk and cybersecurity implications that come with complexity and uncertainty. Digital technologies have begun to enter our urban life. In recent times the image of our day to day activities is now being altered with the emergence of intelligent machines, which are also slowly becoming the foundation for solving the problems of the future. The rapid development of Internet and Communication Technologies (ICT) have shaped the way we work, study, entertain, behave, and live our daily lives. On a typical day those living "smart" lifestyles wake up with the help of an artificially intelligent virtual assistant running on an internet-connected speaker device. It plays their preferred songs from a music streaming service, and the smart lightbulbs in the rooms of their choosing are turned on automatically. Coffee is ready by the time they get to the kitchen, thanks to a Wi-Fi enabled smart coffee maker; The virtual assistant audibly delivers the weather forecast and reads the highlights of the day or provides any other information of the user's choosing. A person's car will open when approached by the owner and it will unlock the door with a simple touch by the authorized driver. Voice commands can launch real time traffic information and project the directions onto a "headsup-display" on the windshield when the destination is announced by the driver. At work applications like GoToMeeting, Skype, WhatsApp, and Viber have become the norm for real time communication with clients, and emails are reserved for undertakings that are less urgent. During lunch people browse social media sites to connect with friends, family, colleagues, and clients. On the commute back home, dinner can be ordered using a phone app and food can be delivered from most restaurants soon after one is back in his or her home. After dinner, household necessities can be ordered from one's phone using shopping apps, while some items may have been automatically re-ordered due to smart sensors in fridges and other internet-of-things devices. TV shows are watched on demand from various video streaming services, and magazines and newspapers are read on tablets or e-ink devices. The day ends when a smart watch informs the wearer it is time to sleep; as one heads to the bedroom the lights and TVs are turned off automatically by giving a simple audio cue to the virtual assistant. The fact of the matter is, a wide range of digital technologies are now integrated into our daily lives, which makes us more efficient, productive, and helps us to find more time for things that really matter to us. Households are becoming "smarter", and the next logical step is to scale this concept to the city level. The future cities can be altered by intelligent and connected technologies to tackle the problems associated with the growth of the world's population and increasing urbanization. It is a known fact that the world population has constantly been growing and is expected to reach 9.8 billion by 2050 (United Nations, 2017). With the growth of urbanization, cities are now expected to do more with less. They need to be more organized, more productive, and more innovative. Modern ICTs such as computer vision, sensor fusion, machine learning, Internet of things (IoT), smart data, robotics, and blockchain technology can be leveraged to build the foundation of future cities. Ménard (2017) indicated that "the conceptual idea of a 'smart city' is to create adaptive communication networks
doi:10.20472/iac.2019.048.010 fatcat:b343kt4fwjhodnyr7q43qx3b4a