Pedestrians may be wary of drivers, but cyclists can pose them a bigger menace
Right, except drivers killed 400 pedestrians last year, whereas cyclists killed 3 (usually it is 1 or 2).
jaywalking
There is no such thing as jaywalking in this country. One may walk across the road anywhere, or even along it (except motorways, or where specifically banned). Jaywalking is a derogatory term invented by the US motor industry.
embolden the timid
You mean make ordinary human beings feel safe? Or do you mean "embolden" as in dare to use the rightful carriageway for motor vehicles.
A clickbait article very light on actual facts & evidence