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I share this sentiment. Induced demand with regard to cars was studied when both population and urbanization were growing. It's easy to imagine that this growt
by Tade0 3y ago
I share this sentiment. Induced demand with regard to cars was studied when both population and urbanization were growing.
It's easy to imagine that this growth will continue to fill any capacity thrown at it, but that can't hold true ad infinitum, especially that peak car happened in 2017:
https://transportgeography.org/contents/chapter1/the-setting-of-global-transportation-systems/automobile-production-world/ https://transportgeography.org/contents/chapter1/the-setting...
The Braess paradox is also mostly dead in the age of real-time traffic information. Anyone taking an Uber can see for themselves the sometimes weird paths they take - all because it's truly faster this way with real-time data.
- steveBK123 3y agoProduction numbers are also imperfect as a measure of use. Cars are more durable and last longer than cars as recently as 2000. Product cycles have also widened such that a 5yr old car looks closer to the latest models than old&dated.