White House to Spend $80 Million to Develop Smart Cities

The money pledged today builds on the Obama administration’s “Smart Cities Initiative” launched a year ago.

“If we can reconceive of our government so that the interactions and the interplay between private sector, nonprofits, and government are opened up, and we use technology, data, social media in order to join forces around problems, then there’s no problem that we face in this country that is not soluble,” President Obama said in a statement.