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China relies on rail, and a lot of high speed rail, to move their massive and increasingly mobile population. We no longer need to speculate on whether high spe
by Zigurd 7y ago
China relies on rail, and a lot of high speed rail, to move their massive and increasingly mobile population. We no longer need to speculate on whether high speed passenger rail can substitute for a lot of air travel.
"...let the market figure it out" would work in a market that isn't already so strongly shaped by subsidies, regulations, and nationalist protectionism.
Autonomous vehicles will have a very large and currently underestimated impact on all kinds of other modes of transportation, but there is a wide range of expert views on when that will happen.