EDA Journal Vol 11. No.2 Summer 2018 | Page 27

ECONOMIC DEVELOPMENT QUARTERLY WHY WE NEED A CLEAR VISION FOR AUSTRALIA AS A SMART NATION BY NEIL GLENTWORTH The global economy is seeing a tectonic shift as technology and connectivity become all-pervasive. Countries are redefining themselves to address the challenges and opportunities provided by the fourth industrial revolution [1]. With its remarkable resources, wide open spaces and an enviable lifestyle, is Australia just a passenger in this revolution? All sides of the political spectrum understand we must embrace innovation to thrive but are we on the right track or just marking time? The current innovation agenda is providing some glimmers of hope but only if you’re looking hard. Will our Australian luck continue if we just apply a ‘she’ll be right’ approach? SMART CITIES – ARE WE THERE YET? A defining part of this industrial revolution is the seamless interaction of physical, digital, and biological environments [2]; for many, this is most evident in their built environment, the smart city. Much is written and quoted about cities, towns and regions being smart. There are many so-called innovation and smart city projects occurring in Australia – some are delivering tangible outcomes, others are merely poorly defined technology projects. With significant funding provided by all levels of government to enable these ‘smart’ projects, the question must be asked, who is getting the value? In 2016, I published the article ‘What makes a city smart’. My point was that in a true smart city, communities must be empowered to make better decisions through dynamic data at their fingertips. Several Australian ‘smart’ projects built on this premise are seeing social and economic gains for their communities. Through careful planning in collaboration with the community, low cost and high value outcomes are being achieved that are improving the lives of Australians. Alas, many of these projects are occurring in isolation, thus stifling the macro opportunity for Australia. The surge in ‘smart city’ projects is largely being driven by technology, despite some of the social and economic foundation work provided by the Federal Government [3]. Here lies the problem: what’s the destination? Without a unifying vision, without genuine community engagement and ongoing collaboration, many smart projects are merely adding cost to their rate/tax payers with no fundamental gain. A smart program must be so much more; it must be about everyone being smart, not just one aspect of society. There is an urgent need for a single vision, with clear goals for every Australian: businesses, unions, not-for-profits, governments, communities, young and old – we need a vision for a smart nation of Australia. SINGAPORE’S UNITED SMART VISION Singapore is on the ‘doorstep’ of Australia, a mere eight-hour flight, yet it is almost a parallel universe in terms of digital transformation. Over the years I have travelled through, stayed and conducted business in Singapore, and each time I am inspired by what can be achieved. Yes, a comparison between Singapore and Australia isn’t entirely fair. Singapore is a small, densely populated country with a different political system to Australia – but Singaporeans have some of the highest trust in their government for an advanced nation. Over the 53 years since the formation of the sovereign nation that is now Singapore, it has reinvented itself many times over, from shipping, banking, tourism and now data. In recent years, Singapore embarked on Smart Nation Singapore [4]. VOL.11 NO.2 2018 | 27