The Incredible Shrinking General Motors

[bust]

I'll agree if I lived somewhere where I needed a car and I had space for parking I'd prefer to own my own. But nothing beats the convenience of a vibrant walkable neighborhood so that is by far my highest priority. I'm really happy for subways, other mass transit, taxis, car services, zipcar, car2go, uber, lyft, bike shares, and soon hopefully driverless cars like many have imagined.

PS. Parking lots, parking garages, and wide streets clogged with traffic are scourges to walkable communities. Government regulation will play a big part determining what effect driverless cars have on those things. Absent bad regulation I imagine driverless cars will reduce parking needs and congestion. But that's speculative, and we certainly can't predict politics that far into the future.