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Explore the concept of smart cities in this thought-provoking panel discussion featuring Barcelona CIO Josep-Ramon Ferrer Escoda, Igarape Institute's Robert Muggah, and New York Times' Mark Scott at Web Summit 2014's Machine Stage. Delve into the intricacies of urban intelligence, technological integration, and the challenges faced by modern metropolises as these experts share their insights on the true meaning and potential of smart city initiatives.