Will self-driving cars kill parking?

This is an excellent article that shows how dynamic the market is. Companies come and go, so does industries. Self-driving cars is the new kid on the block that attracts a lot of attention. It's fancy, it's catchy, and make sense from fuel efficiency, time management, safety and many others perspective. With self-driving cars coming into reality sooner than expected, what industries will it threaten? Parking obviously is one of them:

Some people have postulated that autonomous ridesharing cars will never need to park and cities of the future will not need street parking, parking lots or parking garages. But parking is far from dead. In fact, the $100 billion market may be poised to grow.

The movement is getting more and more support from both entreprenuers and financiers:

We’ve heard from parking startup founders that many Silicon Valley investors have rejected parking as a thing of the past, rallying around alternatives — for example, investing more than $100 million in valet parking startups that didn’t pan out. Even these parking investments are a drop in the bucket compared to the estimated $80 billion invested in autonomous vehicles in just the past three years.

It's just one of the many impacts of self-driving cars. More will be identified as time goes by and those early adopters who can foresee these market dynamics will fore sure make profit. More here