The document discusses the urgent need for smarter transportation solutions to alleviate congestion and reduce CO2 emissions in urban areas, highlighting the excessive costs associated with vehicle congestion in the EU and US. It outlines initiatives such as Helsinki's goal for a car-free city by 2025, emphasizes the role of information technology and smart phones in transforming public transit, and explores alternatives like ride-sharing and dedicated lanes for autonomous vehicles. Furthermore, it examines the economic feasibility of public transportation in dense urban settings compared to private vehicle use and the potential impact of improved technology on transportation services.