Page 20 - Are You Future Ready?
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to do so. The book challenges us to consider ‘are we
                     ready?’ here in Hong Kong. A characteristic of the smart
                     cities identified above is that they spend wildly more on
                     research and development than does Hong Kong. Devoting
                     only about 0.8% of GDP to R&D (compared to 2-3% in our

                     competitors) is a conscious choice. We need to ponder as
                     a community why we do not value R&D. Only by investing
                     substantially more than we do today can Hong Kong hope
                     to achieve its smart city potential.


                     Chapter 3 focuses on how geospatial data and location
    018              technology transform our world and urban management.

                     Consider Hong Kong’s future as a completely driverless
                     city, a future that is certain to come although exactly when
                     we cannot say. GIS and similar technologies will enable
                     us to realise the efficiencies of this change. We will know
                     where public transport is and when we can expect it to
                     arrive. Completely driverless and shared transportation
                     will improve productivity, safety, and the experience of
                     moving around our city.  To maximise the benefits of these
                     developments we need open data and legislating on this

                     is the role of government. Many of the cities discussed
                     in Chapter 2 are making huge strides in this area. Are we
                     prepared for this?
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