Thursday, May 31

New Algorithm Could Save Cities from Too Many Taxis

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Over-crowded streets are a nuisance for anyone investing in a taxi, but this MIT algorithm could reduce that headache by 30 percent at least.

From Uber to Lyft, the number of taxis and rideshare services on the roads have skyrocketed within the last few years. With an increased reliance on these services could come even more cars on the road -- be it taxis or rideshares -- and thus, even more congestion. However, a team of researchers from Massachusetts Institute of Technology developed an algorithm that might spare drivers and passengers the headache of traffic while also meeting rising demands. Read more

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