As an example watch any 10 minutes of this interview with Steve Jurvetson of DFJ. You'll see why he and Musk were a good fit: http://youtu.be/O2tK0Wl2F8w
As an example watch any 10 minutes of this interview with Steve Jurvetson of DFJ. You'll see why he and Musk were a good fit: http://youtu.be/O2tK0Wl2F8w
This is not to take anything away from the "layer" that Musk added to this foundation. But hyperloop does not have the same foundation. There have been space missions and electric cars before; there hasn't been anything approaching a hyperloop at scale. So the investment risk is even greater.
So maybe you're right, the hypertube is very complicated compared to a pair of rails and an power supply cable.
Japan is also building a real (long-distance, high-speed) maglev system. It's much more of a leap from standard rail than HSR was, but again, they're using technology which they actually have long-term real-world experience with.
Hyperloop, by contrast, doesn't even have a lab model. It's a diagram on a napkin, with some of the calculations worked out.
The press and the general public may not notice this distinction, but people investing large amounts of money most certainly will...
Also, some parts of it are tested, e.g. the roller coaster magnetic thrusters/brakes.
I do understand the difference, but the point stands for all revolutionary, as opposed to incremental, technologies. We will need some, how do we fund them?
And if that's the case, that also suggests an answer to all of this. Spend more on basic R&D.
That's not to say the government couldn't fund it as a transportation infrastructure project, but that's not the Silicon Valley model, and the funding is much smaller and harder to come by than defense spending.
The problem isn't really just to spend "more" on R&D -- have you seen the defense budget? Hyperloop would be a blip. The problem is deeper.. it's that our system is not set up to funnel taxpayer funds into public services like this. IMHO for political reasons. Running it through the pretext of defense makes it harder for citizens to question how funds should be spent and who they should benefit.
We need political change to make sustainable public transport projects like this take priority. Just like we need it for education, social welfare, etc. It's easier to control people when you tell them the Russians/terrorists are coming so we have to take your money and fund defense.