Slashdot Mirror
Elon Musk Inspired an Industry of Hyperloop Startups. Now He's Building His Own (bloomberg.com)
An anonymous reader shares a report: Elon Musk introduced his vision for a futuristic mode of tube-based transportation called the hyperloop in 2013. In an exhaustive white paper, he laid out a body of research conducted with his team at Space Exploration Technologies demonstrating the system's viability and seemingly offered it as a gift to the entrepreneurial community. "I don't have any plan to execute because I must remain focused on SpaceX and Tesla," he said in a conference call at the time. He apparently changed his mind. Last month, the SpaceX and Tesla chief executive officer revealed on Twitter that he'd received "verbal government approval" to build a hyperloop capable of ferrying passengers between New York and Washington, D.C., in 29 minutes. The tweet came as a shock to executives at the various startups racing to develop their own hyperloops based on Musk's specifications. Several of them initially expressed hope that Musk would simply dig the tunnels and perhaps choose one of their startups to create the physical infrastructure, which involves a tube-encased train traveling at speeds faster than an airplane. Nope. A person close to Musk said his plan is to build the entire thing, including the hyperloop system. Musk also holds a trademark for "Hyperloop" through SpaceX, which could be used to prevent other companies from using the term, according to U.S. public records. The billionaire's unexpected entry into the hyperloop business could threaten the ambitions of three startups, which have raised about $200 million combined from venture backers. "There's probably a finite amount of capital willing to bet on this space -- and bet against him," said Jonathan Silver, the former loan programs director at the U.S. Department of Energy. Silver learned not to underestimate Musk after overseeing a 2010 loan of $465 million to Tesla, which the electric carmaker paid back, with interest, nine years ahead of schedule.
Why did people stop using trains in the mid 20th century? Because cars came about! Why do people like cars better than trains? Because cars don't have a set schedule that must be followed to the minute.
As long as hyperloop or whatever else operates on a fixed schedule, then it solves no problems, and people won't use it. Nobody wanted to be a slave to the train schedule 100 years ago, and nobody will want to go back to being a slave to the train schedule again, either. Thinking otherwise is a fools errand.
That ignores the whole part about building it. It took 90 years and 4 billion dollars to get an additional 2 miles of subway track added to new york city. Philadelphia has been trying to make their subway 8 city blocks longer for over 50 years now and has gotten absolutely nowhere. But we're supposed to believe that a 400 mile long tube is just gonna magically show up across the I 95 corridor overnight? With that kind of thinking I might as well start going to church again.
Nobody?
There are millions of people in Chicago and New York alone that are a "slave to a train/bus" every single day and have been for decades.. Many of them don't even own cars... So, "nobody" is a false assertion by far.
As long as hyperloop or whatever else operates on a fixed schedule, then it solves no problems, and people won't use it
Hyperloop uses many small independent pods rather than a single long train. So on a busy route such as NYC to DC, a pod would launch every minute or so. Rather than a fixed schedule, it would make more sense to just launch each pod as it filled up.
This guy wants to be Steve Jobs so bad it's fucking comical. Steve Jobs was unduly idolized and poor musk wants the same thing so badly. You've nor your company have innovated anything. The US Tax Pay funded both Tesla and SolarShitty. Now you think a train is a technological marvel...
Well, in all fairness, he's already done more to help mankind so far than Jobs did. Jobs made some great commercial electronics but nothing revolutionary. The iPhone was a well put together piece of equipment and his best contribution, but it's not like there weren't already similar products before, and co-currently being worked on by other teams. His was just better than anything else in the beginning... the smart phone revolution was dawning anyway- he just made it better and maybe sped it up a year or two.
Musk on the other hand has single handedly pulled the world up and made electric cars a reality. It's not the fringe technology we might develop 20 years from now, in perpetuity any more.
His impact is so big, countries are beginning to mandate electric cars in the future His impact with electric cars has also spurred a battery revolution for solar panels- solar panels were coming anyway, so were home batteries- but he's made big impacts there.
He has leapstarted self driving vehicles. Whilst Google has been floundering for a decade- Tesla has gone ahead and done it and made it a reality. Maybe not whole-hog, maybe not even close, but his baby steps towards self-driving has made the technology a reality and other automanufacturers are taking note.
He's also been leading the only really successful team for privatized space. Sure Virgin Galactic, and a few others are looking promising, but he's pretty much spurred a whole second space-age.
If Hyperloop works and doesn't turn into vapour, it promises to be a massive change on how we think about transport. I'm less optimistic for hyperloop than his other ventures, but it could potentially be a big shaker.
So yeah, Jobs had some nice consumer electronics, but Musk has already done more that is useful to mankind. He's not just turning over a profit, he's doing useful stuff that betters man. He long since overshot Jobs.
"That's the way to do it" - Punch
Comment removed based on user account deletion
Why did people stop using trains in the mid 20th century?
They didn't in much of the world. Passenger rail is alive and well.
Why do people like cars better than trains? Because cars don't have a set schedule that must be followed to the minute.
Strawman. People don't necessarily like cars better. In many parts of the US they simply don't have a choice. I've lived in cities where passenger rail was an option and it was hugely useful and I generally preferred it to driving in many cases. (traffic jams suck) Whether cars or trains are advantageous is circumstance dependent. It also depends on what infrastructure has been invested in. Trains are economically efficient for a certain set of conditions. They are widely used in Europe and Asia. Honestly I would happily ride a train to work if it were feasible where I live.
As long as hyperloop or whatever else operates on a fixed schedule, then it solves no problems, and people won't use it.
People all around the world ride trains and airplanes and even boats on fixed schedules. Including in the US. The fact that the schedule is fixed is not necessarily a disadvantage, especially when it is as reliable as the trains in Japan. The primary advantage of cars is that they can go point to point rather than having their start and end points fixed. The lack of a schedule with cars is usually a much more minor advantage in the presence of a well functioning passenger rail system. Go to a city like NYC or Chicago and odds are you'll park the car and ride the light rail system + taxis to get around.
It took 90 years and 4 billion dollars to get an additional 2 miles of subway track added to new york city.
Which is irrelevant regarding whether hyperloop systems would be cost efficient. A subway in one of the most densely populated cities in the world isn't really a good comparison. If you want to make a proper comparison consider the efforts to put in high speed rail in the US. A lot of land will need to be purchased and right of ways obtained. The reason passenger rail struggles in the US is precisely because 1) we didn't invest in obtaining the right of ways years ago when it would have been cheaper and 2) population density in large parts of the country. But in places where the infrastructure exists and the population density is sufficient, like in the Northeast Corridor or in much of Europe and Japan, trains are popular and heavily used for transport.
I have my doubts that a hyperloop system will make economic sense. I suspect it will fail for much the same reason monorails never really caught on. But there may be specific cases where it makes a lot of sense so I'm withholding judgement until there is more data to work with. Worst case is that it's kind of a nifty technology that might have interesting applications down the road.