General > General Technical Chat
The Hyperloop: BUSTED
wraper:
--- Quote from: mtdoc on January 19, 2018, 10:06:46 pm ---
--- Quote from: james_s on January 19, 2018, 09:30:15 pm ---
--- Quote from: Lightages on January 19, 2018, 08:31:48 pm ---WTF does all this LED conversation have to do with the hyperloop?
--- End quote ---
It's an example of government subsidies dumping money into a new and unproven technology that likely would have lagged for decades relying on the free market alone.
--- End quote ---
Yes, but AFAIK there are currently no government subsidies involved in hyperloop development. I’m happy to be proven wrong, but I believe it’s just a handfull of small companies and some engineering student teams.
--- End quote ---
Small companies, however at least one very serious company which has real train business invested into it https://www.engadget.com/2017/10/12/richard-branson-and-virgin-join-forces-with-hyperloop-one/
nctnico:
--- Quote from: mtdoc on January 19, 2018, 10:06:46 pm ---
--- Quote from: james_s on January 19, 2018, 09:30:15 pm ---
--- Quote from: Lightages on January 19, 2018, 08:31:48 pm ---WTF does all this LED conversation have to do with the hyperloop?
--- End quote ---
It's an example of government subsidies dumping money into a new and unproven technology that likely would have lagged for decades relying on the free market alone.
--- End quote ---
Yes, but AFAIK there are currently no government subsidies involved in hyperloop development. I’m happy to be proven wrong, but I believe it’s just a handfull of small companies and some engineering student teams.
--- End quote ---
AFAIK the Dutch government has indicated to be willing to invest if a company comes up with a good plan and at least facilitate building a test track.
ogden:
--- Quote from: mtdoc on January 19, 2018, 10:06:46 pm ---I’m happy to be proven wrong, but I believe it’s just a handfull of small companies and some engineering student teams.
--- End quote ---
I am afraid you are indeed wrong. Virgin Hyperloop One shall not be considered as small company. Nobody knows tells how much Branson invested, but it shall be huge pile of money.
https://hyperloop-one.com/blog/introducing-virgin-hyperloop-one
Quite recently they got new "injection" to burn in form of 50$ mil:
https://www.cnbc.com/2017/12/18/virgin-hyperloop-one-raises-more-money-and-makes-richard-branson-chair.html
EEVblog:
--- Quote from: ogden on January 19, 2018, 10:57:29 pm ---
--- Quote from: mtdoc on January 19, 2018, 10:06:46 pm ---I’m happy to be proven wrong, but I believe it’s just a handfull of small companies and some engineering student teams.
--- End quote ---
I am afraid you are indeed wrong. Virgin Hyperloop One shall not be considered as small company. Nobody knows tells how much Branson invested, but it shall be huge pile of money.
https://hyperloop-one.com/blog/introducing-virgin-hyperloop-one
Quite recently they got new "injection" to burn in form of 50$ mil:
https://www.cnbc.com/2017/12/18/virgin-hyperloop-one-raises-more-money-and-makes-richard-branson-chair.html
--- End quote ---
That money will never see any return on investment, it will just vanish.
EEVblog:
--- Quote from: james_s on January 19, 2018, 09:30:15 pm ---People in general are notoriously short-sited and in the era of instant gratification and the extreme focus on quarterly gains it's only getting worse.
--- End quote ---
To completely mangle another famous quote from Carl Sagan - Don't be so long sighted that your eyeballs falls out.
You can argue that uBeam and Solar Roadways are all "long sighted" projects too, good luck with that.
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