I see that as public and private transportation start switching to electric, new urban tech startups have the potential to switch urban planning away from old government models. The urgency of profit entities can impact city-life at a global level. Solving one problem in one city can easily expand to others, allowing cities to become the new innovation centres. As new startups start entering the urban market, the effect of competition can push modernisation to new heights.
With the popularity of Uber and AirBnb, space in cities might just be freed up with increasing redundancies in parking structures and two-three star hotels.
Urban populations are also growing and this greater density in cities is opening up markets for tech-startups to optimise efficiency through better water management and safety.
There are two buckets. The first is in helping cities to run more efficiently, and this is anything that’s happening in the background that you don’t notice until it breaks down – water management, parking, safety, energy stuff. The second bucket is more consumer-facing, meaning products and services that make life better, easier, and more convenient for inhabitants of dense cites. Think of marketplaces to find roommates, or startups that can help you find physical storage, or hyper-local news that helps you understand what’s happening in the world around you.