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Cisco's Big Bet on New Songdo: Creating Cities From Scratch

On the development of South Korea’s New Songdo and Cisco’s plans to build smart cities which will “offer cities as a service, bundling urban necessities – water, power, traffic, telephony – into a single, Internet-enabled utility, taking a little extra off the top of every resident’s bill.” The demand for such cities is enormous:

China doesn't need cool, green, smart cities. It needs cities, period -- 500 New Songdos at the very least. One hundred of those will each house a million or more transplanted peasants. In fact, while humanity has been building cities for 9,000 years, that was apparently just a warm-up for the next 40. As of now, we're officially an urban species. More than half of us -- 3.3 billion people -- live in a city. Our numbers are projected to nearly double by 2050, adding roughly a New Songdo a day; the United Nations predicts the vast majority will flood smaller cities in Africa and Asia.

Colonels of Truth

Harland Sanders left home when he was 13. He once gunned a man down in the street for painting over one of his signs. During the war, he fed the scientists who created the atomic bomb. And then, in his 60s and going by the moniker Colonel Sanders, he began selling fried chicken.