The amount of traffic will increase because people who couldn’t drive before and would ride with other people or use public transit (eg. children and the elderly) can now hail cheap autonomous cars, inefficiently using an entire car for their trip.
Induced demand economics. Make something cheaper and people use more of it.
If Autonomous cars make ride hailing cheaper we’ll see an explosion in its use, and traffic will increase as cars are space inefficient and road size fixed.
Induced demand economics. Make something cheaper and people use more of it.
If Autonomous cars make ride hailing cheaper we’ll see an explosion in its use, and traffic will increase as cars are space inefficient and road size fixed.