The abandonment of Sidewalk Lab's Toronto development signals a downturn in smart city spending as municipalities cut budgets.
Cities are struggling to institute emergency measures to protect against the spread of the coronavirus, while also contending with what will likely be a drop in the tax base due to the economic downturn. More than 2,100 US cities anticipate they will have budget shortfalls in 2020, which will lead them to cut programs and reduce staff,
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Verdict: 100% smelling your own farts (and being fortunate enough to complain from the sidelines). Sentence: Never having nice things again.
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