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This study is aimed at studying approaches to interpreting such a modern phenomenon as smart society. In addition to approaches, the author attempts to interpret the phenomenon of smart society by studying and comparing existing concepts. Key characteristics of smart society concept are considered. Smart society is an extremely young concept as an inducement for social growth and would render a significant and unmitigated impact on society at all levels, for example, in terms of sustainability, life quality and wellbeing. The relevance of the study is called forth by the current processes of transformation of society, developing accordingly to the use of modern technologies. The key characteristics of "smartness" are defined, as well as the characteristics of the modern smart society directly. The definition of Smartness is considered in relation to each component of society (political sphere, public administration, services, economic activity, educational activity). A kind of "driving force" of smart society development stands out. The author overviews current foreign practice programs (Smart Japan, Smart Thailand 2020, Initiative "Smart Africa", Smart United Kingdom) the purpose of which is to create a smart society.