Elon Musk's Hyperloop Is Doomed for the Worst Reason Regulations are killing America's boldest dreams.

From Bloomberg

When Elon Musk tweeted that he had “verbal govt approval” to build a Hyperloop to carry passengers from New York to Washington in half an hour, everyone with a lick of sense about transportation rolled their eyes. It was obviously delusion, fantasy, and hype -- science-fiction nonsense.

In a different era, skeptics would have focused on the technology: a magnetic levitation system shooting passenger pods along through a tunnel that maintains a near-vacuum for hundreds of miles. Gee whiz! That’s impossible!

But nowadays we’re blasé about technological challenges. If geeks can put a supercomputer in everyone’s pocket, we imagine they can build a mag-lev pod transit system. Musk does, after all, have his own space program.

No, what makes Musk’s Hyperloop plan seem like fantasy isn’t the high-tech part. Shooting passengers along at more than 700 miles per hour seems simple -- engineers pushed 200 miles-per-hour in a test this week -- compared to building a tunnel from New York to Washington. And even digging that enormously long tunnel -- twice as long as the longest currently in existence -- seems straightforward compared to navigating the necessary regulatory approvals.

We live in a world where atoms are much harder to do anything with than bits -- and where atoms that require regulatory permission are the hardest of all. The eye-rolling comes less from the technical challenges than from the bureaucratic ones.

With his premature declaration, Musk is doing public debate a favor. He’s reminding us of what the barriers to ambitious projects really are: not technology, not even money, but getting permission to try. “Permits harder than technology,” Musk tweeted after talking with Los Angeles mayor Eric Garcetti about building a tunnel network. That’s true for the public sector as well as the private.

“For some urban context: a recently opened stretch of subway in New York cost $4.5 billion for less than 2 miles of rails. It was first proposed in 1919 and opened to the public in January 2017,” wrote Bloomberg’s Tom Randall, concluding drily. “These things take time.”

Read more here: https://www.bloomberg.com/view/articles/2017-08-03/elon-musk-s-hyperloop-is-doomed-for-the-worst-reason
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