The document discusses smart cities and some of the technologies, economic factors, and social considerations driving their development. It notes that factors like economic crises, shifting demographics, and advances in technology are prompting cities to become smarter to remain competitive globally. Smart cities aim to use data and technologies like ICT to improve efficiency, sustainability, and quality of life for citizens. Some examples highlighted include Masdar, a planned smart city in the desert, and Plan IT Valley, a new smart city development in Portugal. The document concludes by arguing smart cities should empower citizens and address real urban problems through open, citizen-focused projects using technology as a tool.