I thought the same thing so I Google'd the source material and it's not.
https://en.wikipedia.org/wiki/We_Can_Remember_It_for_You_Wholesale
The original story takes place on Mars. The plot summary for the new movie looks like it takes place in the possible near-future, on Earth.
You may want to check your facts counselor. I've read the original and he remains generally earthbound. It has a twist ending that can't be topped that is nowhere present in Total Recall as well.