Parking in cities, as we know it, will change quickly, thanks to driverless cars. Imagine if these autonomous cars drop people off at a crowded city street or at a theater, then drive to a less crowded area to park, and later drive back to pick up their passengers. What will people do in New York, London, or Paris when they no longer have to look for parking places before theater or dinner?
Decreasing the number of cars parked on city streets could help reduce traffic. However, industry analysts are still debating what will happen to retailers and home prices if we no longer need to build an underground parking lot.