New Mobility

GLOBAL INVESTOR 2.13 — 48
community are exacerbating the problem of selecting a technology.
Furthermore, the Google driverless car serves to exemplify the innovation-hampering
impact of regulations and insurance issues:
California had to carry out legal changes prior to the first road test.
The legal consequences in the event of an accident have not been
clarified: Is it the passenger who is liable or the car manufacturer?
We therefore think that innovative technologies will prevail more among
users (smart vehicles) than among infrastructures (smart roads).
Since the origins of civilization, cities have decisively shaped history.
Mobility and the exchange of ideas are the crucial benefits of cities
and key to the competition for attracting businesses. Cities that
tackle the “urban crawl” will thrive. Those unable to adapt their mobil-
Andrea Schnell joined Credit Suisse in 2012 as an economist focusing
on the Swiss economy, particularly locational quality and public
-
Thomas Rühl joined Credit Suisse in 2005 as an economist responsible
and tax competition, he has been a consultant for several Swiss can-
Ring Roads of the World
The graphic on the left is a
composite image consisting
of stacked layers, all in the
same scale, representing
the ring roads surrounding
some 27 international cities.
Houston, Texas, has the
largest such system, with
Beijing, China, coming in
at number two. This awardwinning
image, titled Ring
Roads of the World, was
originally created by the
Rice School of Architecture,
located in Houston, Texas.
Source: Thumb Projects
1 mile
Illustration: Thumb/New York, originally for Rice University School of Architecture