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It's an interesting conundrum that the likes of Google are designing self drive cars, rather than the normal car manufacturers, so either they are waiting for Google to licence the software and technology, or they know that it's never going to catch on properly.
But as so many drivers are complete and utter idiots that don't actually know how to drive, driverless cars would get rid of a lot of the bad driving, and so speed up the traffic flow. You also could do away with trafic lights etc, as the cars would neatly avoid each other - have to think about pedestrians though.
A mate had an interesting theory at the pub the other day.
If driverless cars do become a big thing then for a long time there will be both driver and driverless ones on the road together. The driverless ones will be constantly looking for an accident and braking, stopping or waiting for other traffic. Could actually slow the roads down a fair bit.
On the plus side you can carve them up on the roads or just drive out in front of them at junctions and they will have to give way meaning your own journey around town could be a good bit quicker.