Forty-five percent of traffic on
some streets in New York City is people circling the block looking for parking. Congested roadways cost $78 billion annually in the form of 4.2 billion lost hours and 2.9 billion gallons of wasted gas.
Do we move from “full
of potential” to “intelligent” or “smart”? Do we work to improve our lives and drive business growth, while protecting the rights and freedoms of individuals?
Stockholm has deployed a smarter
traffic toll system that reduced traffic 22%, dropped emissions 12-40%, and increased daily users of public transportation by 40,000.
German retailer Metro AG is
using wireless tags to measure how long meat sits in refrigerated cases after it's cut and scanned. The tags constantly feed data to the market’s refrigeration area, letting workers know when the meat needs restocking.
The Beacon Institute for Rivers
and Estuaries is creating a system that will provide minute-to-minute deep analysis of New York’s Hudson River via an integrated network of sensors and computational technology distributed throughout its 315 miles, allowing smarter shared use of this resource.
IBM is working with partners
on several solar cell projects including solar magnification; flexible and thin CIGS technology; and silicon recycling from waste integrated circuits.
We can and need to
do projects like these that require big bets and public-private partnerships around the world.