As with any other marketplace, there are two sides to mobility: supply and demand, or in this case, backend technology and consumer-facing technology. The smooth interaction of one with the other drives modern transportation. Through this market, goods are delivered to homes, and people commute to their jobs.
The better the mobility systems, and the more sophisticated the supply and demand functions, the more efficient a city becomes. This brings along a host of benefits, some of which are:
- Increased appetite for newer technology—The need for more efficiency, both on the backend and the consumer-facing side, will likely drive innovation. New York City’s MTA subway system is an example of what happens when better mobility systems are implemented. Despite various delays in delivery, supply and demand are coming together in the form of new ticketing technology and the next generation of subway cars.
- Opportunities for job enhancement—Due to healthy competition, new businesses will emerge. These new companies will likely source employees from the city itself, fostering economic growth and providing stability.
Happier people—“People are happier when they are healthy and connected with others,” according to Smart Cities Dive. Longer commutes can even affect divorce rates, as more stress is placed on a relationship. Sophisticated mobility systems with multiple forms of transit, such as bikes and e-bikes, can increase happiness through options and convenience. The message is clear: better travel equals happier citizens.