Hyoerloop is not a scam just because The con man proposed it with the intent of stopping a high speed rail road project.
It's a scam also because:
the idea is not his. It's 100 years old and has been tackled by other before him.
it's impossible to be build from the technical point of view.
even if you do manage to miraculously built it it won't be economically feasible.
in the lasts years it's starting to be obvious that if it's backed by Musk it's a scam in some degree, shape or form. (see also Solar Cities, Tesla, The Loop and the Boring company, etc.)
it’s impossible to be build from the technical point of view.
even if you do manage to miraculously built it it won’t be economically feasible.
I don't think you can say any of this until you actually put some money into it and check. Technology improves all the time and with it economics of such project. They didn't really try to build any actual routes. They just tried to do some prototypes and check current feasibility. I don't see this as a scam or a bad thing at all. No public money went into this.
Hyoerloop is not a scam just because The con man proposed it with the intent of stopping a high speed rail road project.
It's a scam also because:
I don't think you can say any of this until you actually put some money into it and check. Technology improves all the time and with it economics of such project. They didn't really try to build any actual routes. They just tried to do some prototypes and check current feasibility. I don't see this as a scam or a bad thing at all. No public money went into this.
That makes no sense. It’s been repeatedly tried and failed for very obvious reasons.
Technically it’s very very hard unless you spend so much it’s uneconomic and takes too long to develop.
Secondly, its investors who were scammed. Yes they could have done better due diligence but they were still scammed.