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The hyperloop is dead for real this time
(www.theverge.com)
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One of its primary purposes was literally as a distraction to prevent investment in traditional transportation infrastructure like trains. When a car maker is suggesting some kind of strange new transportation technology, be skeptical always.
And it wasn't entirely unsuccessful. Vegas got duped on it (plus boring company) pretty badly, for example. Idiot suckers. But it wasn't successful enough for the auto mogul Elon Musk to continue throwing money at it I suppose.