Hyperloop One to Shut Down After Failing to Reinvent Transit::The company is selling assets, laying off remaining employees.

  • fosforus
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    11 months ago

    Whole purposes of hyperloop was to derail any constructive debate on existing rail network.

    The role of government needs to be entirely about removing obstacles on private entities that try to create new (or old if that works better) methods of transportation. Not supporting or hindering anyone. If they let this fucking guy, or any other fucking guy talk them into anything, they’re doing their job wrong. Even if Elon Musk is a persuasive person, this is almost entirely a failure of government.

    Germany, Japan, Switzerland, Singapore, Hong Kong (before China at least) are good examples of how to handle all this well.