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Not really. Rail in the US is spectacularly expensive; look up a few recent rail projects with dollar figures attached, they're billions of dollars each. That's
by jimrandomh 6y ago
Not really. Rail in the US is spectacularly expensive; look up a few recent rail projects with dollar figures attached, they're billions of dollars each. That's the same order of magnitude as the cost of an entire self-driving research program (Waymo has taken $3B of investment, according to its Wikipedia page), which, if successful, would scale quickly and easily to the entire world.
- xvilka 6y agoIf the US companies can't do it just hire Chinese or Japanese ones who have enormous experience to build the infrastructure way cheaper.
- FreakyT 6y agoExactly this -- plenty of other countries have figured out how to build rail systems without massive cost overruns.
- objektif 6y agoWell good ideas from capitalism does not apply to public projects did you not know?
- cycrutchfield 6y agoYeah, just bulldoze some houses and apartment blocks, so easy to build rail lines. Why didn’t anybody else try this?
- jcranmer 6y agoChina and Japan aren't exactly low-cost construction countries. Actually, they're among the highest-cost non-Anglosphere countries (which are perhaps best labeled "stratospheric-cost" countries). Instead, you want to look to places like Spain, Italy, Sweden, or South Korea as low-cost countries.
- TheMblabla 6y agoTheir costs are lower because their land aquisition costs are lower. The problem isn't the tech it's the regulations/property rights.
- rrrrrrrrrrrryan 6y agoThe expensive part is addressing all the local regulations and acquiring land. Human rights (and property rights) can be expensive.
- jcranmer 6y agoAlon Levy has put together a database on transit costs: https://transitcosts.com/ https://transitcosts.com/ The important metric isn't the cost of the project, it's the cost per km (or mile, if you prefer). The construction costs for NYC in particularly are unjustifiably obscene--it's really on the level of "fire everyone involved and make the new hires go on a world tour of transit system agencies to learn how they do cost control before they do anything."