Have you imagined what our world would look like in 20 years? Too big a question? Then compare the last the 20 years to now and where we will be in same 20 years. Wow!
Google's is expanding its tentacles into a new area of our lives with the creation of Sidewalk Labs.
Sidewalk Labs may style itself as an "urban innovation company", it will be part of a growing tech sector better known as 'smart cities'
Announced on Wednesday by Google CEO Larry Page, Sidewalk Labs is a smart cities startup, which will build and incubate technologies to help governments run their urban areas more efficiently.
Sidewalk Labs will "develop technology at the intersection of the physical and digital worlds, with a focus on improving city life for residents, businesses, and governments".
The company will be headed up by Dan Doctoroff, the former CEO of Bloomberg, and financed by Google. However, while Page said on Google+ that Sidewalk Labs is a "relatively modest investment and very different from Google's core business", he described the company as a "long-term, 10X bet" similar to its moonshot R&D operation Google X and its health and longevity effort Calico.
Smart cities projects aim to help governments cut costs and improve quality of life by promoting more efficient management of a city's public infrastructure - healthcare, utilities, transport, and waste management.
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