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Classic Jevon's Paradox [1]. Use of the resource (cars) will become more efficient, and rather than use decreasing, it actually simulates increased usage. Desk
by twistedpair 11y ago
Classic Jevon's Paradox [1]. Use of the resource (cars) will become more efficient, and rather than use decreasing, it actually simulates increased usage.
Desktop processing apps were supposed to make office workers so productive they would only work a 4 hour work week. The reality? Workers are now so connected that they end up working 6-7 days a week.
If I can rent out my car when I'm not using it, my car is cheaper for me to operate, and more cars are available to drive people around, so they make more for hire trips when they otherwise would not have. More cars, more rides all around.
[1] https://en.wikipedia.org/wiki/Jevons_paradox https://en.wikipedia.org/wiki/Jevons_paradox
- spacehome 11y agoThe driverless car that you rent will make the fixed costs of using a car go to zero but increase the marginal costs of driving (because there's a middle-man now). However, Jevon's Paradox crucially depends on the marginal cost decreasing, so I don't think Jevon's Paradox applies in this case.