Here is an interesting study by the MIT Senseable City Lab, which looks at: “the minimum number of vehicles needed to serve all the trips in New York without delaying passengers’ pick up times.” If you can’t see the embedded video below, click here.

[youtube https://www.youtube.com/watch?v=nFo64kBGF6o&w=560&h=315]

This is interesting because it begins to quantify the amount of waste running through the system today and the possible efficiencies brought about by autonomous vehicles. In this model, the current taxi fleet in NYC could be reduced by 40%.

For more on the study, go here.