Thank you, Madam Chair, and thank you to our guests here.
I want to cover three areas. One has to do with the basic infrastructure, the foundational infrastructure, that you need to bring on the real enhancements that smart city infrastructure can make. I'd particularly like to hear your advice as to how the federal government can support that foundational piece upon which you build the rest of your network.
The second one, which I'm going to start with, is dead-end technology. In my younger days I bought a Sony Betamax; I bought a Mini Disc system, and now they're gathering dust. I've seen my kids put a lot of money into video game systems and only a year and a half later needing a new one, because the new games outstrip the capacity of the old one.
We can spend a lot of money on technology that gets us nowhere. How do we guard against that? Do you see technology providing that iterative growth so you can build on one generation to enhance it, rather than throwing it all away and starting from scratch?
Mr. Riseborough, we'll start with you.