Big tech is always looking for creativity [expensive] solutions to problems that have been solved for decades. Virgin sponsored hyperloop program and millions of dollars in tax incentive from the government of Nevada, created to put people on a super-fast shuttle that can only travel at high speeds inside hundreds of miles of vacuum tubes. The news came on Wednesday that Virgin Hyperloop will lay off 111 employees effective immediately and transform its business plan. From transporting people to transporting goods.
I mean, if you sit and think about the completely impossible nature of running vacuum tubes across the country, that sounds ridiculous. By some way Especially when you consider that Japan’s Shinkansen bullet trains have been running for more than 50 years and have carried over 10 billion passengers. It’s like those lame graphic shots you see on Instagram comparing the Tesla Roadster to the Bugatti Veyron. One of these things exists, and does what it says on tin, the other is a feverish dream of a rich man..
The mass layoffs equate to about half of the company’s workforce. A company spokesperson told Financial Times that the change could be blamed on COVID and supply chain problems. I’m sure it’s mehas absolutely nothing to do with the fact that the company’s first human test in 2020 can hit speeds no faster than 107 mph. Or that cost is expected to exceed $50 million per mile to buildaccording to a company insider testifying before the House of Representatives.
The company’s subsidiary/spin-off “Cargospeed” was originally created to help fill the void between consumer Hyperloop pools, but now appears to be the only part of Hyperloop that even survives. a little bit. If the company can convince some of the international hubs that it’s less expensive to send packages via pipeline than to ship them by air, it might still be possible. But with this change, I don’t see human travel by Hyperloop happening in our lifetime. It’s dead.
Now, can we finally focus on building the bullet train system in the United States? Please?