The Economic Perspective: “Transportation of the Future”

This is Mary Walden with economist MW, welcoming you to the economic perspective.  Today’s program looks at transportation of the future. Mike, you sit on a state commission that is looking at how mobility in North Carolina will change in coming decades.  What are some of the predictions you’ve heard?

  • Many see big changes, especially in cities
  • Of course, heard about autonomous vehicles and ride sharing
  • But many see advances in how we plan trips
  • Apps will present us with options in real time and coordinate our travel
  • May take a bus from A to B, then ride-share from B to C, and finally maybe a small one-person autonomous vehicle from C to final destination
  • Coordination will be key – with constant updates and changes based on changing conditions like congestion
  • All easily available on our digital devices
  • Could render car ownership obsolete, which could save households thousands of dollars
  • I’m MW

 

Mary:  And I’m Mary Walden for the Economic Perspective, an NC State Extension program from the Department of Agricultural and Resource Economics