Hyperloop One to Shut Down After Failing to Reinvent Transit
Hyperloop One to Shut Down After Failing to Reinvent Transit
The company is selling assets, laying off remaining employees.
Apparently all Musk wanted to do with this was undercut any attempts at high speed rail in California.
Who would have known that an idea that was shot down a century ago could fail?
0smartphones, space travel, organ transplants, & instant global communication have entered the chat.
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Smartphones were not invented in one go. They were the result of decades of advancement in computer technology. Each step along the way was useful for something.
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Space travel was funded by the space race, something into which the 2 world industrial powers put a substantial chuck of their economy into. It was also done for a military benefit and again, was done in multiple steps. Hyperloop, despite being a harder thing to create, was funded by a few private capitals.
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Organ transplants aren't infrastructure. They aren't even remotely comparable to hyperloop.
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"Instant" global communication has been possible for a very long time. The first transatlantic cable was laid down in 1858. The only thing different today is the number and speed of cables.
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