Why tech billionaires suck at fixing transport

Tech firms promise to revolutionize how we move from A to B. But their flashy inventions are often not much more than glorified buses – which are expensive, make traffic worse and suck up vital funds and attention. Why is big tech failing to fix transport?



Credits:

Reporter: Dave Braneck

Video Editor: Frederik Willmann

Supervising Editor: Joanna Gottschalk, Kiyo Dörrer, Michael Trobridge



We're destroying our environment at an alarming rate. But it doesn't need to be this way. Our new channel Planet A explores the shift towards an eco-friendly world — and challenges our ideas about what dealing with climate change means. We look at the big and the small: What we can do and how the system needs to change. Every Friday we'll take a truly global look at how to get us out of this mess.



#PlanetA #SustainableTransport #Hyperloop



Read More:

Elon Musk's original Hyperloop 2013 white paper: https://www.tesla.com/sites/default/files/blog_images/hyperloop-alpha.pdf



Leaked Hyperloop One Docs Reveal The Startup Thirsty For Cash As Costs Will Stretch Into Billions:

https://www.forbes.com/sites/alexkonrad/2016/10/25/hyperloop-one-seeks-new-cash-amid-high-costs/#3430ac827854



Elon Musk’s Boring Company Ghosts Cities Across America:

https://www.wsj.com/articles/elon-musk-boring-company-tunnel-traffic-11669658396



Why does it cost so much to build things in America?:

https://www.vox.com/22534714/rail-roads-infrastructure-costs-america



Chapters:

00:00 Intro

00:59 Traffic sucks

02:42 Flashy tech fixes

05:30 Is the hype real?

11:14 Real solutions

13:12 Outro