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Hyperloop: Why can't we believe in the big ideas?
- fragsworth 13y agoIf the expected value (estimated to the best of our abilities) is positive, then someone with a bit of credibility can easily create a corporation and find investors to build it. It's really that simple. The only other way it might get built is if someone lobbies the state to fund the project, and in that case it's probably not worth it because the market didn't even want to do it. Isn't this what happened with California's new rail project?
- daivd 13y agoIt is not quite that simple. The government will have to say yes, since this is a big infrastructure project that wants land next to existing highways. I don't know much about politics, but I do know that, sadly, the net gain for the country over time is not a weighty criterion in such decisions.
- fragsworth 13y agoGetting government support for the project is part of the risk and cost analysis, and I don't believe it would amount to a very large percentage of the total cost.
- PaperclipTaken 13y agoI think that this article does discredit how much smartphones have accomplished. Now anybody with a modern smartphone has a decent camera. Anybody has access to full Google search results in their pocket. It's possible that soon your smartphone will be your laptop (see Ubuntu Edge, and augmented reality setups that are being developed). Smartphones may one day be able to form their own meshnet using bluetooth. Not to say that we shouldn't move forward with hyperloop, or at least build a proof-of-concept somewhere. At the proposed price for hyperloop, you could replace all existing Amtrak transportation in America with a hyperloop and still pay about the same amount for a ticket. To me, that's worth investing in.
- setitimer 13y agoYou might be able to replace some of the long-distance Amtrak lines with such a system, but over half of Amtrak's ridership is on the Northeast Corridor between Boston and Washington. Those trains make stops at all the major cities (and some minor ones) along the way. This is why the "Acela Express" is high speed in theory only. In order to keep the same ridership, any new train would have to do the same thing.
- ericd 13y agoYou don't seem to be taking into account that a much faster and cheaper train would vastly increase the ridership between any two points. If it was $30 and half an hour to downtown LA, I would visit my brother down there every other week. As it is, we see each other every few months.
- toyg 13y agoYeah, replacing all trains is impractical in densely-populated areas that are already well-suited to classic railways, but Hyperloop would make it possible to see similar numbers riding to and from central states. Also, I bet NYC-Washington or NYC-Boston hyperloops would pay for themselves in two weeks.
- dredmorbius 13y agoI enjoy having a search engine in my pocket (though I'd prefer if it weren't Google), and the ability to haul a stack of 600 and counting articles, and a few score books, while nary putting a crease in my chinos. But we had books and encyclopedias and telegraphs and telephones and phonographs a century ago. Just ... not as distributed, or portable. If you were to look at the inventions and advances of the last quarter of the 19th and first quart of the 20th centuries, I suspect you'd find a few more significant items than smartphones: electric light, telephones, phonographs, radio, television (just under the wire), indoor plumbing (made possible by central heating, so your pipes wouldn't freeze), air conditioning, and even the first practical computers. Oh, and airplanes. If you had the choice of technology since 1925 or before, I think you'd go with the latter choice.
- jerrya 13y agoHyperloop: $6 Billion Budget of the NSA: $10 Billion (http://money.cnn.com/2013/06/07/news/economy/nsa-surveillance-cost/index.html http://money.cnn.com/2013/06/07/news/economy/nsa-surveillanc...) Hopes and dreams of 1960s youth looking at Apollo and entering STEM fields: priceless There are some things money still buys. For everything else there's PayPal??
- netrus 13y agoThou shalt not compare values of different units (USD vs USD/a)!
- jerrya 13y agoTechnically you're correct, the best kind of correct. But well, is there a pretty easily understood, common sense way to compare an yearly budget of $10B with a total cost of $6B, especially in terms of a trade off?
- bjterry 13y agoIt just so happens there is! (Sort of.) A one time sum can be compared with recurring annual sums by calculating the present value of each, taking into account prevailing interest rates. The present value of an infinite series of annual payments is given by the perpetuity formula: PV = (annual payment) / (interest rate). Assuming that the NSA budget won't grow, and using the 30-year treasury bond rate of 3.71%, the present value (or cost, really) of having an NSA forever is $270B. Of course, the NSA's budget is probably growing faster than 3.71% right now which ruins the math, since it would imply an infinite NPV. Also, to be totally accurate you would have to calculate the present value of the hyperloop which would be spent over some number of years.
- jerrya 13y agoWhat might you do with your infinite series to roughly estimate the NPV in your head without having to write anything down? Especially when faced with certain tradeoffs, like comparing a $6B hyperloop with an agency with an annual budget of $10B?
- tomelders 13y agoI believe. Now all I need is $6billion to build this thing, and $10 billion to grease the palms of every politician between LA and San Francisco.
- oakaz 13y agoHyperloop is a big step that would take at least 20 years to try. What San Francisco needs is simpler and smaller steps to fix transportation. Here are suggestions; 1- Allow private & small mini-busses. 2- Provide the community hanging out near the bart exits in Mission better public gathering places so we don't need to smell heavy amount of pie every morning. 3- Make screens in bart and stations that show the upcoming trains, current train, route etc. 4- Ban smoking, eating, talking loudly, and leaving garbage in the trains. 5- Replace all the seats with smaller ones like all other subways have. 6- Replace shitty Subway shops with good hipster alternatives that people actually enjoy. 7- Improve ferry transportation between east bay and san francisco. 8- Establish shuttles.
- gfodor 13y agoFalse dilemma and apples to oranges wrapped up in one comment. First, we can have people working on the hyperloop and also addressing these problems. Second, all of the things you mention have to do with intra-bay area transportation, and most of them have nothing to do with efficiency but with comfort, while the hyperloop is about efficient transport between two cities.
- oakaz 13y agoI already pointed hyperloop is the big step, these are small steps that we also should make. As I observe, nobody responsible is giving a fuck to the problems of bart. A friend I met almost threw up in the 16th bart exit since it's used as public toilet. Aren't we paying half amount of the money we make to the government? Then why can't we push the city government to fix the bart?!
- setitimer 13y agoShe said it herself: it's another Segway. It's a solution in search of a problem. We already have mass transit between northern and southern California: airplanes. I know, I know, this would be "better". But the existing system serves the people who need it at an adequate cost and level of service.
- ArekDymalski 13y agoThen why there are plans to build a conventional train line? To create new jobs?
- setitimer 13y agoThat's apparently the idea. But there is a reason it's being called the "Train to Nowhere". It will be yet another huge boondoggle that nobody uses and has to be subsidized for its entire lifetime.
- gfodor 13y agoThis is a ridiculous comment. An hour door-to-door SF to LA means of transportation for less than $100 round trip would completely alter the economic landscape of California.
- setitimer 13y agoHow? It's still too expensive for most people to use on a daily basis. It still requires some way to get from the train station to your final destination, which adds yet more cost. The end result is that the only people who will really use it are the same people who currently fly regularly between LA and SF, which means about 12 million people annually. Nowhere near enough ridership to support the kind of prices that are being bandied about. Edit: more like 6 million people fly between LA and SF annually. I was thinking of the Amtrak Northeast Corridor ridership, which is about 12 million annually.
- waterlesscloud 13y ago
- scrrr 13y agoJust shows how unevenly wealth is distributed if one guy thinks about building a new transportation system between L.A. and S.F.
- seferphier 13y agoanyone can 'think' about building a transportation system. Even elon cannot pay for the new transport system by himself.
- adventured 13y agoMusk could technically pay for it, his wealth is right around $6 to $7 billion (33m shares of Tesla worth $4.8b; $1b in SolarCity, and SpaceX is worth at least a billion to him, plausibly more), but it'd wipe him out. There are reasonably a few individuals or groups of people in the world that can very safely spare the resources to build it (such that paying for it it wouldn't materially damage their business or ability to run their business, or otherwise tank their stock, put them in the poor house, and so on). Bill Gates (Cascade can raise $10 billion quickly), Carlos Slim, Warren Buffett (the street already knows he's going to liquidate), the Koch brothers together could easily do it, Ellison could do it with leverage (he'd never sell that much Oracle stock in one go, and he earns enough annually in dividends to pay off the loan), and the Walton clan (but they'd be very unlikely to coordinate on such a thing). For almost anybody else, the liquidity or leverage it would take would be overwhelming or very risky at the least.
- yid 13y agoYou forgot Elon's lost twin, Sergey Brin.
- pond_lilly 13y agoI think this project is a nonsense. There are so many other pressing issues (Fukushima, pollution, climate change, water shortages, overpopulation, etc) to spend money on. People like EM are disconnected from reality and live in their own little bubble where they like to play with their own high-tech little toys. I think it is ridiculous how much attention this thing attracts.
- ronaldx 13y agoIt's notable that Musk uses supersonic air travel as a comparison point. Talking about LA to NY: "...I believe the economics would probably favor a supersonic plane" With reasonable timing: it's just coming up to a decade of supersonic air travel being commercially unviable.
- adventured 13y agoI think it's his all-electric jet in the back of his mind. http://www.bloomberg.com/news/2013-08-08/elon-musk-just-may-have-to-develop-an-electric-supersonic-jet.html http://www.bloomberg.com/news/2013-08-08/elon-musk-just-may-...
- vermontdevil 13y agoInstead of LA to SF, I would look at building from Las Vegad to Arizona or to Riverside perhaps? As a first line to start with and it's through the desert. Just a thought. Show the skeptics what is possible.
- illumen 13y agoGood idea. However, there are lots more investors in the LA-SF region. This proposal is also a hack around government rules. This 'bid' is 9% the cost of the train bid, and there is already a government budget for it. The companies now have a track record of successul government bids (tesla paying back the loan, and spacex successfully sending rockets into space). SF,valley, LA types have been very supportive of tesla, and spacex - so I think they'll also be supportive of an innovative train replacement. For these reasons I think this proposal is brilliant. It's a hack on government, business, media, and engineering all at once. As well, it's something the customers would prefer. Well played Musk.
- vermontdevil 13y agoGood point. I didn't think of that. Is it even possible to bid, win and then change the parameters using different approach to the transportation method?
- stonemetal 13y agoThis 'bid' is 9% the cost of the train bid, and there is already a government budget for it. I am not from California so I am not familiar with the HSR project. But this doesn't seem right to me. HSR is proven and Hyperloop is experimental. Why is it plausible that the same route for both would be cheaper on the one that is going to require more engineering and V&V?
- bryanlarsen 13y agoThis is discussed in detail in the hyperloop proposal, but I believe that the biggest factor is that the hyperloop proposal mostly runs along the I5 thus requiring much less expropriation and right of way development, and doesn't require large fences.
- Shivetya 13y agoSimple really, government is to large and intrusive that there is little to no room for private industry to implement them. Items that are easily transportable, or measured at the personal level, like phones, computers, and even cars, are still well within reach. Some will point to Space X as violating that last line, but look at it from the perspective of that it really is only affected by one part of government. Large transportation projects like the hyperloop would require approval at so many levels and be subject to the whims of so many outside groups that it is insurmountable by private enterprise. Only government can build it because only government can ignore its own rules. So its not a matter of that we can't think big, we can think big all we want. We just have to find frontiers where bureaucracy is not the primary obstacle.
- ForrestN 13y agoAs well as Rand would like this story, with its normative, visionary captain of industry, its worth remembering that this line of thinking is as bankrupt as it is naive. First of all, it would be utterly impossible for a purely private initiative to build the hyperloop as proposed. Most obviously, the unique feasibility argument here is that the government already owns highways that could bear the tube for most of the distance between SF and LA. But no serious rail line has ever or could ever be built without government help, because it would be impossible to negotiate the purchase of all the land without eminent domain. Pragmatics aside, this is also just a very facile way of looking at things that belies, I think, a certain amount of laziness. The government isn't perfect, and sometimes bureaucracy does hinder good projects, but really the challenge for hyperloop would be garnering public support. If the proposal becomes massively popular, the government will have a huge incentive to build it. Unfortunately it's easier to complain vaguely about the government than it is to convince weary tax payers to fund a massive project using unproven technology. I'd love to see hyperloop built, but I am not desperate for other services that would be provided with the same money (better schools, for example). Much of the reason American business thrived in the second half of the twentieth century is because of the superior infrastructure the government built. Every business in Y Combinator relies on services provided by the government and couldn't function nearly as well if Ron Paul were king. And, obviously, the government has achieved radically ambitious projects before. Have you ever been to Hoover Dam? Driven from coast to coast? Government isnt perfect and can be frustrating, but bureaucracy is almost never the primary obstacle. It's just a convenient excuse.
- 7952 13y agoIn most practical ways Hyperloop is a train. It has a fixed unchangeable route that can be blocked by a single carriage. Without a massive network this will only be of value to people who happen to want to travel that particular route. The world has a long history of new methods emerging and they often fail in the long run. In Britain we had a canal boom, then a rail boom, and most of those routes are now closed or obsolete. It would be better to concentrate on increasing public transport in the road and air. Build a separate road network for freight and coaches. Make energy efficient airplanes that can fly short distances quietly and land on short runways. Build systems to automatically route parcels to make same day delivery possible. This would create a network that would be much more adaptable and complement what already exists. Rail is like dial-up between a few key points that ignores existing networks that could be upgraded. Hyperloop is just a faster connection to a dysfunctional network.
- moocowduckquack 13y agoRoads? Where we're going we don't need roads. Multi-lane roads are fixed routes that can be blocked by a single lorry and frequently are. Without a massive network increase, roads are rapidly becoming of appalling value on many major routes. Everything fails in the long run, including the current road network and we need ways to build capacity with minimum land use, because land rights are often the major cost. Also, the car hauling version integrates directly with the road network anyway so I don't know really what your network complaint is about. Besides, all transport upgrades, including road or rail, are just a faster connection to a dysfunctional network. If we were happy that it was properly functional, we wouldn't be looking to upgrade it.
- Anderkent 13y ago>If we were happy that it was properly functional, we wouldn't be looking to upgrade it. That doesn't follow. You can still upgrade something that is properly functional.
- moocowduckquack 13y agoYou can upgrade functional things before they break, but people don't go looking to generally. At least unless they are gifted with a lot more foresight than the average level of human organisation. People sometimes do, but it seems to be the exception rather than the rule and is even harder when dealing with large organisations.
- keiferski 13y agoI'm still not quite convinced that enough people care about getting from LA > SF and back again. The Hyperloop would be infinitely more useful (and might actually get done) if it were from Boston to DC (with NYC and Philly stops in between). http://en.wikipedia.org/wiki/Northeast_megalopolis http://en.wikipedia.org/wiki/Northeast_megalopolis
- yid 13y agoThe I-5 stretch is almost a straight line, spans a single state, is already very wide with a comfortable median, and sparsely populated along the way. Those things all have their advantages.
- maratd 13y ago> The Hyperloop would be infinitely more useful (and might actually get done) if it were from Boston to DC (with NYC and Philly stops in between). There's already a "high speed" rail system between those points. Of course, that depends on your definition of high speed. http://www.amtrak.com/acela-express-train http://www.amtrak.com/acela-express-train Having been on that line, you're lucky when you're going 50 mph. Having a hyperloop on those points would be insane. You could live in Boston and work in NYC.
- bowlofpetunias 13y agoI'm pretty sure there are plenty of places in Asia and Europe, where public transport is not a dirty word, where people are already trying to figure out a way to make this happen in their backyard.
- stephengillie 13y agoI keep thinking about the Seattle Center Monorail, constructed for the 1962 World's Fair. Like the hyperloop, it's an elevated train, and people predicted that it would be extended to other cities and revolutionize public transportation. It still runs, and you can ride it for a few dollars. But a bus will take you end-to-end cheaper and faster. https://en.wikipedia.org/wiki/Seattle_monorail https://en.wikipedia.org/wiki/Seattle_monorail
- vonseel 13y agoI don't see how someone could put Google Glass in the same category as Segway or CableCard, especially this early on. I do wish CableCards had worked out better though. As it stands now, I have an HDHomerunPrime that I'm ready I part ways with because there simply isn't enough support for CableCards in Linux.