3 ms·
Part of my Musk Hypothesis: It's not where technology has advanced, per se, but where he can find a niche that provides an excuse to not be constrained by exis
by beerandt 7y ago
Part of my Musk Hypothesis:
It's not where technology has advanced, per se, but where he can find a niche that provides an excuse to not be constrained by existing burdensome regulation, or where he can shape and use regulation as a competitive advantage. So far this has mostly been by advances in tech, but the tech isn't necessarily the key component to the formula.
In the case of the boring company, I suspect the initial plan was the same (a la hyperloop), but have 1) discovered hyperloop is not cost feasible, 2) discovered that the same skills for negotiating regulation is itself a major advantage in subsurface construction, and 3) can use the Elon marketing hype machine to overcome NIMBY opposition, whether that be publicly or via politically (whereas people generally view mega construction companies as untrustworthy, and these companies are unlikely to be able to sway public opinion, except by maybe buying politicians.)
It's sort of an Uber approach to dodging rules, but in markets that limit competition by being relatively capital and knowledge intensive.