The Hyperloop is Elon Musk’s biggest and most disruptive idea yet. Unfortunately, most people do not realize just how great the disruption caused by this super-fast transportation could be.
Basically, Hyperloop could be the most transformative transportation technology introduced since the introduction of the automobile in the early 20th century. The automobile completely disrupted and changed human civilization.
Cars transformed our cities and how and where we live and work The Hyperloop could have similar effects, and like the automobile, totally disrupt and completely transform society and the economy.
The ways in which Hyperloop could totally disrupt the economy and transform our lives are endless. Below are listed a few of the ways Musk’s most disruptive creation could change everything.
Ten Ways in Which the Hyperloop will Totally Disrupt the Economy and Our Lives
- By allowing people to live almost anywhere. Before the automobile, most people had to live within walking distance of their house or a public transportation system. Only farmers, hermits, and very wealthy people could afford to live out in the country.
- Today, we face a similar constraint. Most of us have to live within driving distance of our workplaces, which means the average person needs to live within 20 to 50 miles of his or her job. Since Hyperloop could travel at speeds of up to 700 miles per hour, a person could easily live several hundred miles from his job. For example, you could live in Las Vegas, but work in Los Angeles, which is 269.5 miles away.
- Totally destroy real estate values in some places. Property values are ridiculously high in places like Brooklyn, San Francisco, Oakland, and parts of Denver because those places are in close proximity to hotbeds of high-paying jobs. Brooklyn is just a short subway ride from Midtown Manhattan and Wall Street, and San Francisco is a short drive or train ride from San Jose and Silicon Valley.
- Hyperloop would make it possible to travel from Scranton, Penn., a historic city full of relatively cheap homes, to Manhattan in about the same time as it now takes to get to Brooklyn on the subway. Scranton is 145.2 miles from Manhattan, which is a 2½-half hour drive or bus ride. If that travel time gets reduced to 10 to 20 minutes, much of Brooklyn’s appeal goes up in smoke.