Hyperloop

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pages: 501 words: 114,888

The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives by Peter H. Diamandis, Steven Kotler

Ada Lovelace, additive manufacturing, Airbnb, Albert Einstein, AlphaGo, Amazon Mechanical Turk, Amazon Robotics, augmented reality, autonomous vehicles, barriers to entry, Big Tech, biodiversity loss, bitcoin, blockchain, blood diamond, Boston Dynamics, Burning Man, call centre, cashless society, Charles Babbage, Charles Lindbergh, Clayton Christensen, clean water, cloud computing, Colonization of Mars, computer vision, creative destruction, CRISPR, crowdsourcing, cryptocurrency, data science, Dean Kamen, deep learning, deepfake, DeepMind, delayed gratification, dematerialisation, digital twin, disruptive innovation, Donald Shoup, driverless car, Easter island, Edward Glaeser, Edward Lloyd's coffeehouse, Elon Musk, en.wikipedia.org, epigenetics, Erik Brynjolfsson, Ethereum, ethereum blockchain, experimental economics, fake news, food miles, Ford Model T, fulfillment center, game design, Geoffrey West, Santa Fe Institute, gig economy, gigafactory, Google X / Alphabet X, gravity well, hive mind, housing crisis, Hyperloop, impact investing, indoor plumbing, industrial robot, informal economy, initial coin offering, intentional community, Intergovernmental Panel on Climate Change (IPCC), Internet of things, invention of the telegraph, Isaac Newton, Jaron Lanier, Jeff Bezos, job automation, Joseph Schumpeter, Kevin Kelly, Kickstarter, Kiva Systems, late fees, Law of Accelerating Returns, life extension, lifelogging, loss aversion, Lyft, M-Pesa, Mary Lou Jepsen, Masayoshi Son, mass immigration, megacity, meta-analysis, microbiome, microdosing, mobile money, multiplanetary species, Narrative Science, natural language processing, Neal Stephenson, Neil Armstrong, Network effects, new economy, New Urbanism, Nick Bostrom, Oculus Rift, One Laptop per Child (OLPC), out of africa, packet switching, peer-to-peer lending, Peter H. Diamandis: Planetary Resources, Peter Thiel, planned obsolescence, QR code, RAND corporation, Ray Kurzweil, RFID, Richard Feynman, Richard Florida, ride hailing / ride sharing, risk tolerance, robo advisor, Satoshi Nakamoto, Second Machine Age, self-driving car, Sidewalk Labs, Silicon Valley, Skype, smart cities, smart contracts, smart grid, Snapchat, SoftBank, sovereign wealth fund, special economic zone, stealth mode startup, stem cell, Stephen Hawking, Steve Jobs, Steve Jurvetson, Steven Pinker, Stewart Brand, supercomputer in your pocket, supply-chain management, tech billionaire, technoutopianism, TED Talk, Tesla Model S, Tim Cook: Apple, transaction costs, Uber and Lyft, uber lyft, unbanked and underbanked, underbanked, urban planning, Vision Fund, VTOL, warehouse robotics, Watson beat the top human players on Jeopardy!, We wanted flying cars, instead we got 140 characters, X Prize

MIT professor of urban planning: Eran Ben-Joseph, ReThinking a Lot (MIT Press, 2012), pp. xi–xix. Hyperloop is the brainchild: For the original whitepaper: https://www.spacex.com/sites/spacex/files/hyperloop_alpha.pdf. Robert Goddard: Malcolm Browne, “New Funds Fuel Magnet Power for Trains,” New York Times, March 3, 1992. RAND corporation: Robert Salter, “The Very High Speed Transit,” Rand Corporation, 1972. See: https://www.rand.org/pubs/papers/P4874.html. In January 2013: For the full story of Hyperloop One development, see: https://hyperloop-one.com/our-story#partner-program. (Author note: Peter’s VC firm is an investor.)

Whatever the case, transportation ten years from today is going to look radically different—and this prediction doesn’t include everything that happened after Elon Musk lost his temper. Hyperloop On an empty swatch of desert outside of Las Vegas, perched atop a high-tech stretch of track, a sleek silver pod begins to quiver. Less than a second later, it’s not just moving, it’s a hundred-mile-per-hour blur. Ten seconds after, it’s zipping down the Virgin Hyperloop One Development Track at 240 mph. If these tracks continued—as they someday will—this high-speed train would take you from Los Angeles to San Francisco in the time it takes to watch a sitcom. Hyperloop is the brainchild of Elon Musk, just one in a series of transportation innovations from a man determined to leave his mark on the industry.

In January 2013, Musk and venture capitalist Shervin Pishevar were on a humanitarian mission to Cuba when they fell into a discussion about the Hyperloop. Pishevar saw possibilities, Musk saw overwhelm. He was irate enough to publish a white paper, but way too busy to start another company. So Pishevar, with Musk’s blessing, decided to do so himself. With Peter (one of your authors), former White House Deputy chief of staff for Obama Jim Messina, and tech entrepreneurs Joe Lonsdale and David Sacks as founding board members, Pishevar created Hyperloop One. A couple of years after that, the Virgin Group invested in the idea, Richard Branson was elected chairman, and Virgin Hyperloop One was born. The other required convergences were technological in nature.


pages: 190 words: 46,977

Elon Musk: A Mission to Save the World by Anna Crowley Redding

Albert Einstein, artificial general intelligence, Burning Man, California high-speed rail, Colonization of Mars, El Camino Real, Elon Musk, energy security, Ford Model T, gigafactory, high-speed rail, Hyperloop, Internet Archive, Jeff Bezos, Khan Academy, Kim Stanley Robinson, Kwajalein Atoll, Large Hadron Collider, low earth orbit, Mars Society, Max Levchin, Menlo Park, OpenAI, orbital mechanics / astrodynamics, Peter Thiel, Silicon Valley, Silicon Valley startup, Solyndra, SpaceX Starlink, Stephen Hawking, Steve Jurvetson, TED Talk, Tesla Model S, Wayback Machine

So instead of starting another company to chase that down, he published a public paper on the idea, spelling out what he thought was possible—with the hope that others in the tech community would pick up the idea and run with it. And they did. A start-up called Hyperloop One quickly set to work developing high-speed vacuum tunnel travel, eventually building a test site in Nevada. Another group of entrepreneurs and engineers started a company called Hyperloop Transportation Technologies. You can read Elon’s original paper here: www.spacex.com/sites/spacex/files/hyperloop_alpha.pdf And it wasn’t like Elon did not have enough to work on. SpaceX had already figured out how to launch rockets into orbit. Since 2012 it had made six deliveries to the International Space Station for NASA, using the larger Falcon 9 rocket and the Dragon cargo capsule.

He was at the airport again first thing Saturday morning to spend the day at Tesla … and then back to Los Angeles to spend Sunday at SpaceX. It was a lot, but in Elon’s world, there was no time to rest. In fact, that August, just a month after the wedding, Elon was announcing a new idea for getting around the planet, as he put it, a fifth mode of transportation: the hyperloop. Think bullet train, but crash proof, weatherproof, and much, much faster. He felt sure you could take a hyperloop from downtown Los Angeles to downtown San Francisco in thirty minutes. As he started talking about the idea in interviews, people would sometimes ask if he was serious. It seemed outlandish. Elon was serious. Only, he couldn’t possibly fit that in.

But the test tunnels will allow for tons of research on both the Loop and the Hyperloop. The Hawthorne test tunnel as of October 28, 2017. (© The Boring Company.) EARTHQUAKE! What would happen in the tunnel during an earthquake? Experts say one of the safest places to be during an earthquake is in a tunnel. Seismic motion becomes greater as it approaches the surface, and most tunnels are reinforced and built to withstand seismic activity. And as with Loop development, not only are Boring Company employees working on the Hyperloop project, but so are some of the top engineers from SpaceX. “We are taking world-class engineering talent, applying it to this problem, and seeing if we can make some headway,”163 Elon said.


pages: 300 words: 81,293

Supertall: How the World's Tallest Buildings Are Reshaping Our Cities and Our Lives by Stefan Al

3D printing, autonomous vehicles, biodiversity loss, British Empire, Buckminster Fuller, carbon footprint, Cesare Marchetti: Marchetti’s constant, colonial rule, computer vision, coronavirus, COVID-19, Deng Xiaoping, digital twin, Disneyland with the Death Penalty, Donald Trump, Easter island, Elisha Otis, energy transition, food miles, Ford Model T, gentrification, high net worth, Hyperloop, invention of air conditioning, Kickstarter, Lewis Mumford, Marchetti’s constant, megaproject, megastructure, Mercator projection, New Urbanism, plutocrats, plyscraper, pneumatic tube, ride hailing / ride sharing, Salesforce, self-driving car, Sidewalk Labs, SimCity, smart cities, smart grid, smart meter, social distancing, Steve Jobs, streetcar suburb, synthetic biology, Tacoma Narrows Bridge, the built environment, the High Line, transit-oriented development, Triangle Shirtwaist Factory, tulip mania, urban planning, urban sprawl, value engineering, Victor Gruen, VTOL, white flight, zoonotic diseases

Because, inside cities, people have yet to accept their urban skylines flocked with the noise of buzzing drones. It is easy to be seduced by the speed of hyperloops or the aerial sophistication of a flying drone. While hyperloops are faster, they probably won’t come close to the transport efficiency of the good old subway. Hyperloops can carry 3,360 passengers an hour.29 A single subway can carry more than ten times as many people. (While it might not carry as many people, a hyperloop’s higher speeds would prevent people from otherwise taking a more carbon-intensive ride.) If Marchetti’s constant continues to hold, building new developments around faster forms of mobility may further encroach on untouched land, destroying habitats and threatening ecosystems.

Other than a vacuum tube, such an elevator requires no pit, hoist way, machine room, or cable. It’s a bit like an old-time pneumatic tube mail system used to propel people instead of letters. Thus far, these elevators only travel up a few stories at best. With the development of the ultra-fast Hyperloop train, which travels through a low-pressure sealed tube, perhaps one day we will see a Hyperloop elevator. Maybe there is an end to this elevator madness after all. Several companies have decided their time and ingenuity is better spent on creating “green” elevators. Elevators are one of the most energy-efficient means of transportation, since you can fit in more people when you go vertically, instead of horizontally.

Today, a prime “location” may be even more of a moving target. Various companies are developing hyperloops, sealed tubes with magnetically levitated pods that could convey people in a highly energy-efficient way. Capsules carrying people can reach a top speed of 760 miles per hour, around the sonic barrier. This may lead to the explosive growth of metropolitan areas. You could commute from your office in downtown Los Angeles to Las Vegas, where prices are lower, and live in a bigger home. The race will be on for the first hyperloop-integrated skyscraper. Autonomous vehicles (AVs) could desensitize people to distance, possibly lengthening Marchetti’s “constant” of commuting time.


pages: 370 words: 129,096

Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future by Ashlee Vance

addicted to oil, Burning Man, clean tech, digital map, El Camino Real, Elon Musk, fail fast, Ford Model T, gigafactory, global supply chain, Great Leap Forward, high-speed rail, Hyperloop, industrial robot, Jeff Bezos, Kickstarter, Kwajalein Atoll, Larry Ellison, low earth orbit, Mark Zuckerberg, Mars Society, Maui Hawaii, Max Levchin, Menlo Park, Mercator projection, military-industrial complex, money market fund, multiplanetary species, off-the-grid, optical character recognition, orbital mechanics / astrodynamics, PalmPilot, paypal mafia, performance metric, Peter Thiel, pneumatic tube, pre–internet, risk tolerance, Ronald Reagan, Sand Hill Road, Scaled Composites, self-driving car, side project, Silicon Valley, Silicon Valley startup, Solyndra, Steve Jobs, Steve Jurvetson, technoutopianism, Tesla Model S, Tony Fadell, transaction costs, Tyler Cowen, Tyler Cowen: Great Stagnation, vertical integration, Virgin Galactic, We wanted flying cars, instead we got 140 characters, X Prize

Musk said as much to me during a series of e-mails and phone calls leading up to the announcement. “Down the road, I might fund or advise on a Hyperloop project, but right now I can’t take my eye off the ball at either SpaceX or Tesla,” he wrote. Musk’s tune, however, started to change after he released the paper detailing the Hyperloop. Bloomberg Businessweek had the first story on it, and the magazine’s Web server began melting down as people stormed the website to read about the invention. Twitter went nuts as well. About an hour after Musk released the information, he held a conference call to talk about the Hyperloop, and somewhere in between our numerous earlier chats and that moment, he’d decided to build the thing, telling reporters that he would consider making at least a prototype to prove that the technology could work.

In a weird life-imitating-art moment, Musk really had become the closest thing the world had to Tony Stark, and he could not let his adoring public down. Shortly after the release of the Hyperloop plans, Shervin Pishevar, an investor and friend of Musk’s, brought the detailed specifications for the technology with him during a ninety-minute meeting with President Obama at the White House. “The president fell in love with the idea,” Pishevar said. The president’s staff studied the documents and arranged a one-on-one with Musk and Obama in April 2014. Since then, Pishevar, Kevin Brogan, and others, have formed a company called Hyperloop Technologies Inc. with the hopes of building the first leg of the Hyperloop between Los Angeles and Las Vegas. In theory, people would be able to hop between the two cities in about ten minutes.

California’s high-speed rail is meant to allow people to go from Los Angeles to San Francisco in about two and a half hours upon its completion in—wait for it—2029. It takes about an hour to fly between the cities today and five hours to drive, placing the train right in the zone of mediocrity, which particularly gnawed at Musk. He insisted the Hyperloop would cost about $6 billion to $10 billion, go faster than a plane, and let people drive their cars onto a pod and drive out into a new city. At the time, it seemed that Musk had dished out the Hyperloop proposal just to make the public and legislators rethink the high-speed train. He didn’t actually intend to build the thing. It was more that he wanted to show people that more creative ideas were out there for things that might actually solve problems and push the state forward.


pages: 385 words: 111,113

Augmented: Life in the Smart Lane by Brett King

23andMe, 3D printing, additive manufacturing, Affordable Care Act / Obamacare, agricultural Revolution, Airbnb, Albert Einstein, Amazon Web Services, Any sufficiently advanced technology is indistinguishable from magic, Apollo 11, Apollo Guidance Computer, Apple II, artificial general intelligence, asset allocation, augmented reality, autonomous vehicles, barriers to entry, bitcoin, Bletchley Park, blockchain, Boston Dynamics, business intelligence, business process, call centre, chief data officer, Chris Urmson, Clayton Christensen, clean water, Computing Machinery and Intelligence, congestion charging, CRISPR, crowdsourcing, cryptocurrency, data science, deep learning, DeepMind, deskilling, different worldview, disruptive innovation, distributed generation, distributed ledger, double helix, drone strike, electricity market, Elon Musk, Erik Brynjolfsson, Fellow of the Royal Society, fiat currency, financial exclusion, Flash crash, Flynn Effect, Ford Model T, future of work, gamification, Geoffrey Hinton, gig economy, gigafactory, Google Glasses, Google X / Alphabet X, Hans Lippershey, high-speed rail, Hyperloop, income inequality, industrial robot, information asymmetry, Internet of things, invention of movable type, invention of the printing press, invention of the telephone, invention of the wheel, James Dyson, Jeff Bezos, job automation, job-hopping, John Markoff, John von Neumann, Kevin Kelly, Kickstarter, Kim Stanley Robinson, Kiva Systems, Kodak vs Instagram, Leonard Kleinrock, lifelogging, low earth orbit, low skilled workers, Lyft, M-Pesa, Mark Zuckerberg, Marshall McLuhan, megacity, Metcalfe’s law, Minecraft, mobile money, money market fund, more computing power than Apollo, Neal Stephenson, Neil Armstrong, Network effects, new economy, Nick Bostrom, obamacare, Occupy movement, Oculus Rift, off grid, off-the-grid, packet switching, pattern recognition, peer-to-peer, Ray Kurzweil, retail therapy, RFID, ride hailing / ride sharing, Robert Metcalfe, Salesforce, Satoshi Nakamoto, Second Machine Age, selective serotonin reuptake inhibitor (SSRI), self-driving car, sharing economy, Shoshana Zuboff, Silicon Valley, Silicon Valley startup, Skype, smart cities, smart grid, smart transportation, Snapchat, Snow Crash, social graph, software as a service, speech recognition, statistical model, stem cell, Stephen Hawking, Steve Jobs, Steve Wozniak, strong AI, synthetic biology, systems thinking, TaskRabbit, technological singularity, TED Talk, telemarketer, telepresence, telepresence robot, Tesla Model S, The future is already here, The Future of Employment, Tim Cook: Apple, trade route, Travis Kalanick, TSMC, Turing complete, Turing test, Twitter Arab Spring, uber lyft, undersea cable, urban sprawl, V2 rocket, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, white picket fence, WikiLeaks, yottabyte

Three years earlier in July 2012, at a PandoDaily event in Santa Monica, California, Elon Musk mentioned to an assembled group that he was thinking about a “fifth mode of transport”, calling it the Hyperloop. On 12th August 2013, Tesla and SpaceX (both companies founded by Musk) released preliminary designs for a Hyperloop Transportation system on their blog sites. Musk called this open-source design, asking others with interest to contribute to the design. The initial proposed route for a US$6 billion passenger version of the Hyperloop ran from the Los Angeles region to the San Francisco Bay Area with an expected transit time of 35 minutes. The Hyperloop would thus traverse the 354-mile (570-km) route at an average speed of around 598 mph (962 km/h), with a top speed of 760 mph (1,220 km/h).

The Hyperloop would thus traverse the 354-mile (570-km) route at an average speed of around 598 mph (962 km/h), with a top speed of 760 mph (1,220 km/h). In January 2015, Musk announced that he was building a privately funded Hyperloop test track in Texas, about 5 miles (8 km) in length, for university and private teams to test and refine transport “pod” designs. Two additional start-ups, Hyperloop Technologies and Hyperloop Transportation Technologies, are both building their own two-mile and five-mile test tracks, respectively. The Hyperloop is a form of vactrain, or near-vacuum train. The biggest challenge traditionally in creating high-speed rail that is able to compete with air transportation systems has been the ability to circumvent friction and air resistance as speeds climb.

The system, which resembled earlier patents issued to Robert Goddard (the father of modern rocketry), was theoretically capable of allowing speeds of up to 5,000 miles (8,000 km) per hour. Meaning the transit time from New York to London would be less than an hour. The “Musk” Hyperloop resembles these vactrain proposals but would operate at approximately one millibar of pressure, qualifying as a “partially evacuated tunnel”. Because of the low-pressure, warm air proposed for the Hyperloop steel tubes, the pods projected to travel at around 760 mph (1,220 km/h) through these steel tubes would not actually break the sound barrier. Therefore, the pods would not need to be designed for passing through the transonic phase or coping with the shock of a sonic boom.


pages: 396 words: 96,049

Upgrade by Blake Crouch

bioinformatics, butterfly effect, cognitive dissonance, correlation does not imply causation, COVID-19, CRISPR, dark matter, deepfake, double helix, Douglas Hofstadter, driverless car, drone strike, glass ceiling, Google Earth, Gödel, Escher, Bach, Hyperloop, independent contractor, job automation, low earth orbit, messenger bag, mirror neurons, off grid, pattern recognition, phenotype, ride hailing / ride sharing, supervolcano, time dilation

The Denver field office of the Gene Protection Agency was located in an unremarkable office park in Lakewood, and to call it a field office was generous. It was one floor of a building with light admin support, a holding cell, an interview room, a mol-bio lab, and an armory. The GPA didn’t have field offices in most major cities, but since Denver was the main hyperloop hub of the West, it made sense to have a dedicated base of operations here. We were a young but quickly growing agency, with five hundred employees compared to the FBI’s forty thousand. There were only fifty special agents like me and Nadine, and we were all based in the D.C. area, ready to parachute in to wherever our Intelligence Division suspected the existence of a dark gene lab.

I felt I was seeing through time as we sped across the transition zone between the Colorado Plateau and the Rio Grande rift. I saw the landscape in a way I never had before. The flat Mesozoic stratigraphy exposed at the base of the mountains, the younger Cenozoic sediments under the shoulders of the peaks. For a while, in the distance, we could see the white hyperloop tube stretching across the desert—the line between Denver and Albuquerque. We crossed rivers I’d heard about while watching Westerns with my father. To the east, sage- and juniper-covered hills transitioned into conifer forests into high peaks that gleamed brightly with snow above the timberline.

“. . . anti-ram vehicle barriers at the intersection of Highway 2 and Highway 24 on the southeast side of town, Highway 2 on the northwest side of town, Highway 246, Aitken Road, and Highway 42. All schools, businesses, and government facilities are closed. The Glasgow airport and train station are closed. All trains on the Northern Transcon will be detoured around the city. There will be no hyperloop regional service to Glasgow. A stay-at-home order remains in effect with no essential activity exemptions. A shipment of MREs just arrived from the Montana Air National Guard, which will be distributed to all impacted residents of Glasgow. If you need immediate medical attention, field hospitals are being set up at the intersection of First Avenue North and Fifth Street North.


Bulletproof Problem Solving by Charles Conn, Robert McLean

active transport: walking or cycling, Airbnb, Amazon Mechanical Turk, asset allocation, availability heuristic, Bayesian statistics, behavioural economics, Big Tech, Black Swan, blockchain, book value, business logic, business process, call centre, carbon footprint, cloud computing, correlation does not imply causation, Credit Default Swap, crowdsourcing, David Brooks, deep learning, Donald Trump, driverless car, drop ship, Elon Musk, endowment effect, fail fast, fake news, future of work, Garrett Hardin, Hyperloop, Innovator's Dilemma, inventory management, iterative process, loss aversion, megaproject, meta-analysis, Nate Silver, nudge unit, Occam's razor, pattern recognition, pets.com, prediction markets, principal–agent problem, RAND corporation, randomized controlled trial, risk tolerance, Silicon Valley, SimCity, smart contracts, stem cell, sunk-cost fallacy, the rule of 72, the scientific method, The Signal and the Noise by Nate Silver, time value of money, Tragedy of the Commons, transfer pricing, Vilfredo Pareto, walkable city, WikiLeaks

EXHIBIT 6.10 Source: Jonathan Bays, Tony Goland, and Joe Newsum, “Using Prizes to Spur Innovation,” McKinsey Quarterly, July 2009. Elon Musk's Hyperloop project is an attempt to rapidly advance transportation technology. The Hyperloop is a pod transportation system currently under development, designed to transport people over long distances at astonishing, near supersonic speeds. Given its clear, well‐defined goal, and a large, diverse population of problem solvers, many of whom are students willing to accept the risk and hungry for the experience, the SpaceX Hyperloop competition is a great example to test the power of crowdsourcing. With an available testing track at its disposal, SpaceX ran its Hyperloop Pod Competition in January 2017.

See Human level machine intelligence Holmes, Sherlock, 123 Home Depot, 182 analysis, 60 asset productivity, 60 average sales per store, 62 emergence, 96–97 overheads/cost of goods sold, 60 Homelessness, analysis, 130 Horizon events, planning process, 203 framework, origins, 220 Hotspots, case study, 141 Human level machine intelligence (HLMI), 202 Hyperloop Pod Competition, 167 Hyperloop project (Musk), 166–167 I IBM, PC business loss, 200 Ideation, structure, 97 Incremental improvements, 99 Independent science review (ISRP), 230 Independent variable, usage, 156 Inductive arguments, 188e Inductive logic trees, 67–68 Inductive reasoning, 68, 188 Inductive thinking, 68–71 Information, purchase, 199 In Search of Excellence (Peters/Waterman), 107 Insurance, purchase, 201 Integrated assessments, requirement, 236 Internet penetration, impact (overestimation), 116 Interventions, impact, 150 Investment growth, 213e long‐term investments, 203, 213–219 Ishikawa diagrams, 129 ISRP.

With an available testing track at its disposal, SpaceX ran its Hyperloop Pod Competition in January 2017. By hosting a competition they were able to increase the quantity of prototypes being simultaneously explored. The jury is still out on Hyperloop as a viable concept, but the process is harnessing resources in a way not seen even a decade ago. Game Theory Thinking The analytic big guns we have discussed so far are based largely on statistical techniques. One of the other powerful tools in your toolbox for complex problems is game theory. Competitive situations in business and life mean that your actions influence and are influenced by another player, for these purposes called an adversary or opponent.


pages: 307 words: 90,634

Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil by Hamish McKenzie

Airbnb, Albert Einstein, augmented reality, autonomous vehicles, barriers to entry, basic income, Bay Area Rapid Transit, Ben Horowitz, business climate, car-free, carbon footprint, carbon tax, Chris Urmson, Clayton Christensen, clean tech, Colonization of Mars, connected car, crony capitalism, Deng Xiaoping, Didi Chuxing, disinformation, disruptive innovation, Donald Trump, driverless car, Elon Musk, Fairchild Semiconductor, Ford Model T, gigafactory, Google Glasses, Hyperloop, information security, Internet of things, Jeff Bezos, John Markoff, low earth orbit, Lyft, Marc Andreessen, margin call, Mark Zuckerberg, Max Levchin, megacity, Menlo Park, Nikolai Kondratiev, oil shale / tar sands, paypal mafia, Peter Thiel, ride hailing / ride sharing, Ronald Reagan, self-driving car, Shenzhen was a fishing village, short selling, side project, Silicon Valley, Silicon Valley startup, Snapchat, Solyndra, South China Sea, special economic zone, stealth mode startup, Steve Jobs, tech worker, TechCrunch disrupt, TED Talk, Tesla Model S, Tim Cook: Apple, Tony Fadell, Uber and Lyft, uber lyft, universal basic income, urban planning, urban sprawl, Zenefits, Zipcar

In August 2013, his notoriety reached a new level when he announced plans for a “fifth mode of transport” that he said could take passengers from Los Angeles to San Francisco in half an hour. He wrote the blueprint for his so-called Hyperloop in an all-nighter and then published it on the Tesla and SpaceX corporate blogs. He didn’t plan to build the Hyperloop himself, but he hoped someone else would make it a reality. The ensuing news coverage bestowed on Musk the kind of attention usually reserved for Steve Jobs. Given the task of coming up with an article about the Hyperloop announcement for Pando, I wrote that Musk was more important to society than Jobs ever was. While Jobs did the world a great service by putting powerful Internet-connected computers in our pockets, Musk was operating on a different plane of purpose.

Under Governor Sandoval, Nevada had fashioned itself as America’s most business-friendly state. Sandoval was also establishing a reputation as a booster for high-tech manufacturing. As well as Faraday’s billion-dollar factory, the governor had landed Tesla’s Gigafactory in northern Nevada. Over a hill from the Faraday site, Hyperloop One was building a track to test its realization of Musk’s so-called “fifth mode of transport.” Bigelow Aerospace, maker of the Bigelow Expandable Activity Module—an inflatable space habitat better known by the acronym BEAM—had set up headquarters just down the road in North Las Vegas. Three days prior to Faraday’s factory groundbreaking, SpaceX’s Dragon spacecraft had delivered a BEAM to the International Space Station.

Musk knows that storytelling has power, and that the mere act of articulating goals matters a lot to their prospects of eventual achievement. In 2006, the Model S was just a line in a blog post—“the second model will be a sporty four door family car”—and not even the Roadster was available for sale. In 2013, the Hyperloop was just one man’s science project, sketched out through rough calculations in a white paper that he had written in an all-nighter. In the same month, the Gigafactory was just an uttered thought, when Musk wondered aloud about the prospect of building a “gargantuan factory of mind-boggling size.”


pages: 352 words: 104,411

Rush Hour: How 500 Million Commuters Survive the Daily Journey to Work by Iain Gately

Albert Einstein, Alvin Toffler, autonomous vehicles, Beeching cuts, blue-collar work, Boris Johnson, British Empire, business intelligence, business process, business process outsourcing, California high-speed rail, call centre, car-free, Cesare Marchetti: Marchetti’s constant, Clapham omnibus, cognitive dissonance, congestion charging, connected car, corporate raider, DARPA: Urban Challenge, Dean Kamen, decarbonisation, Deng Xiaoping, Detroit bankruptcy, don't be evil, driverless car, Elon Musk, extreme commuting, Ford Model T, General Motors Futurama, global pandemic, Google bus, Great Leap Forward, Henri Poincaré, high-speed rail, Hyperloop, Jeff Bezos, lateral thinking, Lewis Mumford, low skilled workers, Marchetti’s constant, planned obsolescence, postnationalism / post nation state, Ralph Waldo Emerson, remote working, safety bicycle, self-driving car, Silicon Valley, social distancing, SpaceShipOne, stakhanovite, Steve Jobs, Suez crisis 1956, telepresence, Tesla Model S, Traffic in Towns by Colin Buchanan, urban planning, éminence grise

Similarly, the low-pressure tubes through which the Hyperloop might run have their precedents in ‘vactrains’, or vacuum tube trains, which have existed in theory and as models since 1909. Finally, not even its critics doubt that the Hyperloop’s electromagnetic propulsion system would work, and it has also been simulated by the best available transport modelling software, which has given it the thumbs up – in principle. Its pods may need skis on the roof as well as the floor but otherwise it looks viable. It’s possible, however, that even the Hyperloop isn’t radical enough. Although, in theory, it’s quicker and cheaper than CHSR, it will carry fewer passengers.

The Tesla Model S does 0 to 60 mph in 4.2 seconds, tops out at 130 mph, and has more boot room and better safety standards than a Volvo. Musk’s ambition is to retire to Mars. His counterproposal to the CHSR is the ‘Hyperloop’, a part pneumatic, part electromagnetic and part solar-powered system, which he claims could fly pods of commuters through elevated steel tubes between San Francisco and LA in about half an hour for a tenth of the price of building its rival. However, the Hyperloop’s costings have been shown to be out by a factor of several hundred per cent, and it’s been labelled by Alon Levy, a respected transportation commentator, as a ‘barf ride’ on account of the emetic g-forces it would generate when accelerating, decelerating, or travelling on inclines or round corners.

Although, in theory, it’s quicker and cheaper than CHSR, it will carry fewer passengers. Perhaps what is needed are stacks of Hyperloops that use support pylons to carry tubes upon tubes, like a fibre optic cable in cross section. Why not bundle up transport like telecommunications? Some of the tubes in the roll could be feeder hypoloops, and others provide roadways for driverless cars. There would be arrivals and departures at each station every second, and ramps on and off at every road intersection. Auto-commuting and rapid transit would be yin and yang – two parts of the same unity. Perhaps a golden age of commuting is on its way.


pages: 328 words: 90,677

Ludicrous: The Unvarnished Story of Tesla Motors by Edward Niedermeyer

autonomous vehicles, barriers to entry, Bear Stearns, bitcoin, business climate, call centre, carbon footprint, Clayton Christensen, clean tech, Colonization of Mars, computer vision, crowdsourcing, disruptive innovation, Donald Trump, driverless car, Elon Musk, en.wikipedia.org, facts on the ground, fake it until you make it, family office, financial engineering, Ford Model T, gigafactory, global supply chain, Google Earth, housing crisis, hype cycle, Hyperloop, junk bonds, Kaizen: continuous improvement, Kanban, Kickstarter, Lyft, Marc Andreessen, Menlo Park, minimum viable product, new economy, off grid, off-the-grid, OpenAI, Paul Graham, peak oil, performance metric, Ponzi scheme, ride hailing / ride sharing, risk tolerance, Sand Hill Road, self-driving car, short selling, short squeeze, side project, Silicon Valley, Silicon Valley startup, Skype, smart cities, Solyndra, stealth mode startup, Steve Jobs, Steve Jurvetson, tail risk, technoutopianism, Tesla Model S, too big to fail, Toyota Production System, Uber and Lyft, uber lyft, union organizing, vertical integration, WeWork, work culture , Zipcar

It’s a tough company to cover in part because of aggressive fan base that has developed into a cult of personality around Musk himself. Tesla has probably done more to improve the public vehicle electrification than any other company. Unfortunately, while the erratic and troubled CEO has many fascinating ideas from reusable rockets to hyperloops to ludicrously quick electric sedans and SUVs, his refusal to cede control to competent people that can execute has caused the company endless headaches. Ed has taken on the challenge of chronicling a company that prefers to only be discussed by its fans in an even-handed way that covers what went right and what failed.

Headlines lauded the company’s world-saving mission as well as its cars’ extraordinary features, such as the super quick zero-to-sixty acceleration option that Musk nicknamed “Ludicrous Mode.” And at a time when heroic public figures were an increasingly rare commodity, Musk’s centrality to Tesla’s capitalistic, technological, and environmental ambitions (to say nothing of his numerous other techno-utopian causes, including SpaceX, Hyperloop, The Boring Company, Neuralink . . . and, of course, the company whose success provided the funding for all of them, PayPal) made both him and his car company even more appealing. As Tesla’s brand solidified and its stock took off, Musk poured gas on the fire. Starting in 2013, he embarked on a hype campaign that continually ratcheted up Tesla’s ambitions and set him apart from anyone else in the public sphere.

In the following months, Tesla announced an asterisk-laden lease plan that could make a Model S cost just $500 per month, the goal of making its charging stations “zombie apocalypse–proof,” a battery-swap system that would automatically recharge a Model S in less time than it took to pump a tank of gas, an “Autopilot” system that would be able to drive itself in 90 percent of road conditions in just three years, and a claim that the Model S had earned the “best safety rating of any car ever tested” from the National Highway Traffic Safety Administration (prompting a statement from the regulator warning it not to overstate its ratings). Musk also released his plans for a futuristic “Hyperloop” transportation system, launching what would become a habit of showing off ambitious independent projects. Each of these announcements struggled to withstand close examination, ranging from mere exaggeration to quasi-delusional fantasy. Still, many outlets reported these developments unquestioningly, and Musk’s legend as a twenty-first-century Renaissance man blossomed.


pages: 463 words: 105,197

Radical Markets: Uprooting Capitalism and Democracy for a Just Society by Eric Posner, E. Weyl

3D printing, activist fund / activist shareholder / activist investor, Affordable Care Act / Obamacare, Airbnb, Amazon Mechanical Turk, anti-communist, augmented reality, basic income, Berlin Wall, Bernie Sanders, Big Tech, Branko Milanovic, business process, buy and hold, carbon footprint, Cass Sunstein, Clayton Christensen, cloud computing, collective bargaining, commoditize, congestion pricing, Corn Laws, corporate governance, crowdsourcing, cryptocurrency, data science, deep learning, DeepMind, Donald Trump, Elon Musk, endowment effect, Erik Brynjolfsson, Ethereum, feminist movement, financial deregulation, Francis Fukuyama: the end of history, full employment, gamification, Garrett Hardin, George Akerlof, global macro, global supply chain, guest worker program, hydraulic fracturing, Hyperloop, illegal immigration, immigration reform, income inequality, income per capita, index fund, informal economy, information asymmetry, invisible hand, Jane Jacobs, Jaron Lanier, Jean Tirole, Jeremy Corbyn, Joseph Schumpeter, Kenneth Arrow, labor-force participation, laissez-faire capitalism, Landlord’s Game, liberal capitalism, low skilled workers, Lyft, market bubble, market design, market friction, market fundamentalism, mass immigration, negative equity, Network effects, obamacare, offshore financial centre, open borders, Pareto efficiency, passive investing, patent troll, Paul Samuelson, performance metric, plutocrats, pre–internet, radical decentralization, random walk, randomized controlled trial, Ray Kurzweil, recommendation engine, rent-seeking, Richard Thaler, ride hailing / ride sharing, risk tolerance, road to serfdom, Robert Shiller, Ronald Coase, Rory Sutherland, search costs, Second Machine Age, second-price auction, self-driving car, shareholder value, sharing economy, Silicon Valley, Skype, special economic zone, spectrum auction, speech recognition, statistical model, stem cell, telepresence, Thales and the olive presses, Thales of Miletus, The Death and Life of Great American Cities, The Future of Employment, The Market for Lemons, The Nature of the Firm, The Rise and Fall of American Growth, The Theory of the Leisure Class by Thorstein Veblen, The Wealth of Nations by Adam Smith, Thorstein Veblen, trade route, Tragedy of the Commons, transaction costs, trickle-down economics, Tyler Cowen, Uber and Lyft, uber lyft, universal basic income, urban planning, Vanguard fund, vertical integration, women in the workforce, Zipcar

When asked what the largest barrier is to implementing Hyperloop One, co-founder Josh Giegel replied, “We really need a right of way.” The interviewer responded, “Some constituencies, such as private landowners … could see holding this up for quite some time.”1 There is an obvious incentive for a landowner to hold out for a high price when such a valuable project is coming through. Suppose that each of 2,000 landowners along the route would normally be willing to accept $100,000 ($200 million in total) to cede right of way. Giegel believes that, net of other costs, Hyperloop can yield $500 million of operating profit.

Atkinson, The Mirrlees Review and the State of Public Economics, 50 Journal of Economic Literature 770 (2012). 30. Joan Robinson, The Economics of Imperfect Competition (Palgrave Macmillan, 1932). 31. William Cronon, Nature’s Metropolis: Chicago and the Great West (W. W. Norton, 1992). Chapter 1. Property Is Monopoly 1. Hyperloop Tests Magnetic Levitation At 192 mph, NPR Morning Edition, August 4, 2017, available at http://www.npr.org/2017/08/04/541538743/hyperloop-tests-magnetic-levitation-at-192-mph. 2. William J. Bernstein, A Splendid Exchange (Grove Press, 2008). 3. Robert C. Allen, Engels’ Pause: Technical Change, Capital Accumulation, and Inequality in the British Industrial Revolution, 46 Explorations in Economic History 418 (2009). 4.

Even if we don’t sell you on all our ideas, we hope this book will open your mind to a new way of imagining the economy and politics. This challenging moment, when long-held assumptions are being overturned, is ripe for radical rethinking. 1 Property Is Monopoly CREATING A COMPETITIVE MARKET IN USES THROUGH PARTIAL COMMON OWNERSHIP As a child fascinated by Elon Musk’s Hyperloop, Alejandro Espinosa often pictured himself in the cab of the first supersonic train, sitting side by side with the conductor. It never occurred to him that these trains would have no conductors. Yet the topographic and economic maps displayed in the holographs he was peering at clashed even more powerfully with his childish dreams.


pages: 201 words: 33,620

Lonely Planet's Best in Travel 2020 by Lonely Planet

Airbnb, bike sharing, car-free, carbon footprint, Easter island, food desert, happiness index / gross national happiness, high-speed rail, Hyperloop, Intergovernmental Panel on Climate Change (IPCC), off-the-grid, rewilding, Ronald Reagan, sustainable-tourism, trade route

The tribute will be unveiled to the public in 2020. 7 HYPERLOOP, DUBAI, UAE The Hyperloop has been touted for a while as an ultra-speedy solution to crossing long distances at top speeds but so far has failed to materialise, despite hundreds of headlines. Now the theory looks to be finally put into practice and where better than the futuristic Dubai to test it out? While it won’t connect to Abu Dhabi as promised anytime soon, the first 10km track is the public’s first chance to test out the new mode of transport that might just revolutionise travel as we know it. The Hyperloop is set to be part of the Dubai World Expo in October 2020. 8 Great Southern Train Journey, Adelaide– Brisbane, Australia One of the latest luxury routes that prove rail travel will never die as long as people enjoy a day’s leisurely journey through beautiful landscapes and a night of being gently rocked to sleep in their own private carriage, the Great Southern will run three- and four-day routes between Adelaide and Brisbane, offering opportunities to stop at national parks, beaches and cities, with a luxurious cabin and gourmet food options to enjoy onboard.


pages: 295 words: 81,861

Road to Nowhere: What Silicon Valley Gets Wrong About the Future of Transportation by Paris Marx

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, A Declaration of the Independence of Cyberspace, Airbnb, An Inconvenient Truth, autonomous vehicles, back-to-the-land, Berlin Wall, Bernie Sanders, bike sharing, Californian Ideology, car-free, carbon credits, carbon footprint, cashless society, clean tech, cloud computing, colonial exploitation, computer vision, congestion pricing, corporate governance, correlation does not imply causation, COVID-19, DARPA: Urban Challenge, David Graeber, deep learning, degrowth, deindustrialization, deskilling, Didi Chuxing, digital map, digital rights, Donald Shoup, Donald Trump, Douglas Engelbart, Douglas Engelbart, driverless car, Elaine Herzberg, Elon Musk, energy transition, Evgeny Morozov, Extinction Rebellion, extractivism, Fairchild Semiconductor, Ford Model T, frictionless, future of work, General Motors Futurama, gentrification, George Gilder, gig economy, gigafactory, global pandemic, global supply chain, Google Glasses, Google X / Alphabet X, green new deal, Greyball, high-speed rail, Hyperloop, independent contractor, Induced demand, intermodal, Jane Jacobs, Jeff Bezos, jitney, John Perry Barlow, Kevin Kelly, knowledge worker, late capitalism, Leo Hollis, lockdown, low interest rates, Lyft, Marc Benioff, market fundamentalism, minimum viable product, Mother of all demos, move fast and break things, Murray Bookchin, new economy, oil shock, packet switching, Pacto Ecosocial del Sur, Peter Thiel, pre–internet, price mechanism, private spaceflight, quantitative easing, QWERTY keyboard, Ralph Nader, Richard Florida, ride hailing / ride sharing, Ronald Reagan, safety bicycle, Salesforce, School Strike for Climate, self-driving car, Sidewalk Labs, Silicon Valley, Silicon Valley billionaire, Silicon Valley ideology, Silicon Valley startup, smart cities, social distancing, Southern State Parkway, Steve Jobs, Stewart Brand, Stop de Kindermoord, streetcar suburb, tech billionaire, tech worker, techlash, technological determinism, technological solutionism, technoutopianism, the built environment, The Death and Life of Great American Cities, TikTok, transit-oriented development, transportation-network company, Travis Kalanick, Uber and Lyft, Uber for X, uber lyft, Unsafe at Any Speed, urban planning, urban renewal, VTOL, walkable city, We are as Gods, We wanted flying cars, instead we got 140 characters, WeWork, Whole Earth Catalog, Whole Earth Review, work culture , Yom Kippur War, young professional

Tesla had experienced a rough year between its “production hell” caused, in part, by the failure of Musk’s plan to automate the intricate final assembly of its vehicles, and its acquisition of SolarCity, a solar panel company founded by Musk’s cousins whose terrible financials Musk hid from Tesla’s board to ensure the deal went through. Meanwhile, several years earlier he had also announced a visionary intercity transportation system called Hyperloop that he had no intention of pursuing and which he later admitted was unveiled with the goal of killing the high-speed rail line being built in California.6 Musk did not want the government to build a state-of-the-art train system; instead, he wanted to distract people with a technology that would not be feasible for at least several decades while keeping people reliant on personal vehicles.

Trees and other forms of greenery poked out of them, alongside landing pads that jutted out from the structure’s sides. The Skyport appeared to be a busy connection point: pedestrians were crowding the entrance and walking to it from outside the frame of the image, there were plenty of vehicles (and even a couple of minibuses) out front, a highway running underneath it with roads on every side, a Hyperloop tube emerging out of it, and even a light-rail line along the route of the highway. In every way, it seemed like a transport hub, but it was not clear why anyone would be using it. On one side of the building was a forest, and on the other there were parking lots and some low-density buildings. It was a veritable Skyport to nowhere.

In recent years, China has built the largest high-speed rail system in the world, while the European Union continues to expand its high-speed links and revive night trains to make longer journeys more feasible. Yet the train systems of North America remain stuck in the twentieth century, so it is no wonder that some people there think trains are a thing of the past. Solving this problem does not mean betting on transport fantasies such as Elon Musk’s Hyperloop vision, when high-speed rail is a technology that actually exists and has been undergoing constant improvement since the 1970s. Instead of getting distracted by science fiction, national governments should develop plans for public intercity transport systems that treat rail networks as the backbone, with bus systems and air travel to fill in the gaps.


pages: 239 words: 74,845

The Antisocial Network: The GameStop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees by Ben Mezrich

4chan, Asperger Syndrome, Bayesian statistics, bitcoin, Carl Icahn, contact tracing, data science, democratizing finance, Dogecoin, Donald Trump, Elon Musk, fake news, gamification, global pandemic, Google Hangouts, Hyperloop, meme stock, Menlo Park, payment for order flow, Pershing Square Capital Management, Robinhood: mobile stock trading app, security theater, short selling, short squeeze, Silicon Valley, Silicon Valley startup, social distancing, Tesla Model S, too big to fail, Two Sigma, value at risk, wealth creators

A freshly bored tunnel fitted with electrodynamic suspension rails and linear induction motors, as well as a partially constructed Hyperloop capsule, complete with inlet fan and axial compressor. Elon Musk, CEO and chief techno-king of Tesla; CEO, CTO, and chief designer of SpaceX; dogecoin enthusiast; bitcoin proselytizer; sometime richest man in the world; and the former president of the Galactic Federation of Planets, was moving fast, his legs churning at what felt like a thousand RPMs, as he tore through the twelve-foot-high, mile-long Hyperloop test track. He was breathing hard, fighting for air in the reduced pressure environment of the underground tube, but the state-of-the-art neurolink imbedded in his cerebellum instantly compensated for the lack of oxygen, firing messages down his neural pathways to continuously modify his circulatory and respiratory needs.

Of course, as one of the most powerful and beloved entrepreneurs in the known universe, Elon could have left the job for one of his many Anti-AI Kill Teams; but he was the sort of CEO who liked to do things for himself. Famously, when his electric car company had been having production issues with its Model 3 sedan, he’d slept on the floor of the assembly plant, and had even worn the same clothes for five straight days. Similarly, if an AI was going to come alive in one of his Hyperloop test tunnels, he was going to deal with the issue himself. He braced the flamethrower against his shoulder, aimed the barrel at the self-aware drill, and counted milliseconds, letting the thing continue toward him, until it was within the weapon’s most efficient range. Staring up into the machine’s glowing control diodes, flashing red like the eyes of some satanic beast—he pressed his finger tight against the trigger.

Then he climbed out of the pod and crossed his bunker toward the kitchen area, tucked into a natural curve in the carved granite wall across from him. The stone floor felt warm against his bare feet as he went—one of the many benefits of having a secret underground bunker, which was heated by geothermal vents. He knew that such a place—another hundred feet below the test tunnel, connected by an even more secret, fully finished Hyperloop to his even, even more secret, fully completed, domed space port two miles off the coast—was very “James Bond villain” of him; but most of what people said or wrote about him was wrong or made up anyway. Besides, there was something deeply satisfying about playing into the hype surrounding his success.


pages: 70 words: 22,172

How We'll Live on Mars (TED Books) by Stephen Petranek

Apollo 11, California gold rush, Colonization of Mars, Dennis Tito, Elon Musk, Hyperloop, Jeff Bezos, low earth orbit, Mars Rover, Mars Society, Neil Armstrong, nuclear winter, out of africa, Richard Feynman, TED Talk, trade route

He rolled his money into Space Exploration Technologies Corporation (SpaceX), a company he founded in 2002, then went on to cofound Tesla Motors, which is poised to revolutionize the automobile world. He is a devout environmentalist and proponent of solar energy—his Teslas can literally be driven on sunlight. In 2013, Musk proposed a unique high-speed transportation system in a vacuum tube called Hyperloop, which he put into the public domain. A Hyperloop tube running between Los Angeles and San Francisco could reduce travel time to thirty minutes. Musk formed SpaceX just when it seemed as if NASA was slipping into irrelevance. Like von Braun, he is a transplant, in this case from South Africa and Canada. Musk, like von Braun, is a perfectionist who is convinced of his vision and determined to achieve it.


pages: 626 words: 167,836

The Technology Trap: Capital, Labor, and Power in the Age of Automation by Carl Benedikt Frey

3D printing, AlphaGo, Alvin Toffler, autonomous vehicles, basic income, Bernie Sanders, Branko Milanovic, British Empire, business cycle, business process, call centre, Cambridge Analytica, Capital in the Twenty-First Century by Thomas Piketty, Charles Babbage, Clayton Christensen, collective bargaining, computer age, computer vision, Corn Laws, Cornelius Vanderbilt, creative destruction, data science, David Graeber, David Ricardo: comparative advantage, deep learning, DeepMind, deindustrialization, demographic transition, desegregation, deskilling, Donald Trump, driverless car, easy for humans, difficult for computers, Edward Glaeser, Elon Musk, Erik Brynjolfsson, everywhere but in the productivity statistics, factory automation, Fairchild Semiconductor, falling living standards, first square of the chessboard / second half of the chessboard, Ford Model T, Ford paid five dollars a day, Frank Levy and Richard Murnane: The New Division of Labor, full employment, future of work, game design, general purpose technology, Gini coefficient, Great Leap Forward, Hans Moravec, high-speed rail, Hyperloop, income inequality, income per capita, independent contractor, industrial cluster, industrial robot, intangible asset, interchangeable parts, Internet of things, invention of agriculture, invention of movable type, invention of the steam engine, invention of the wheel, Isaac Newton, James Hargreaves, James Watt: steam engine, Jeremy Corbyn, job automation, job satisfaction, job-hopping, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph Schumpeter, Kickstarter, Kiva Systems, knowledge economy, knowledge worker, labor-force participation, labour mobility, Lewis Mumford, Loebner Prize, low skilled workers, machine translation, Malcom McLean invented shipping containers, manufacturing employment, mass immigration, means of production, Menlo Park, minimum wage unemployment, natural language processing, new economy, New Urbanism, Nick Bostrom, Norbert Wiener, nowcasting, oil shock, On the Economy of Machinery and Manufactures, OpenAI, opioid epidemic / opioid crisis, Pareto efficiency, pattern recognition, pink-collar, Productivity paradox, profit maximization, Renaissance Technologies, rent-seeking, rising living standards, Robert Gordon, Robert Solow, robot derives from the Czech word robota Czech, meaning slave, safety bicycle, Second Machine Age, secular stagnation, self-driving car, seminal paper, Silicon Valley, Simon Kuznets, social intelligence, sparse data, speech recognition, spinning jenny, Stephen Hawking, tacit knowledge, The Future of Employment, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Thomas Malthus, total factor productivity, trade route, Triangle Shirtwaist Factory, Turing test, union organizing, universal basic income, warehouse automation, washing machines reduced drudgery, wealth creators, women in the workforce, working poor, zero-sum game

In the future, new transportation technologies could also be used to connect places that are much farther apart. Hyperloop technology, which uses a sealed system of tubes to allow people to travel free of air resistance or friction, offers the potential of reaching distant locations at staggering speeds. Hyperloop Transportation Technologies, for example, recently signed agreements with the Illinois Department of Transportation to examine the feasibility of connecting Cleveland and Chicago through a number of different corridors.56 The commute currently takes around 5.5 hours by car or 7.1 hours by public transportation in one direction. The Hyperloop, if successful, is expected to bring this commute down to twenty-eight minutes.

On place and the likelihood of becoming an inventor, see Bell et al., 2017, “Who Becomes an Inventor in America?,” and 2018, “Lost Einsteins.” 55. C. T. Hsieh and E. Moretti, 2017, “How Local Housing Regulations Smother the U.S. Economy, New York Times, September 6. 56. D. Etherington, 2018, “Hyperloop Transportation Technologies Signs First Cross-State Deal in the U.S.,” TechCruch, https://techcrunch.com/2018/02/15/hyperloop-transportation-technologies-signs-first-cross-state-deal-in-the-u-s/?guccounter=1. 57. M. Busso, J. Gregory, and P. Kline, 2013, “Assessing the Incidence and Efficiency of a Prominent Place-Based Policy,” American Economic Review 103 (2): 897–947. 58.

., 27 Fisher, Irving, 210 Ford, Henry, 141, 148, 167, 195, 365 Ford assembly lines, 18, 365 Ford Motor Company, 148, 199, 240 France, industrial development in, 84 Francis I, Holy Roman Emperor, 85 French Revolution, 90 Friedman, Milton, 355 Friedman, Thomas, 257 Fukuyama, Francis, 141, 264–65, 273, 343 Furman, Jason, 322 Galileo, 39, 52, 54, 94 Galor, Oded, 133 Gans, Joshua, 308 Garden of Eden, 191 Gaskell, Elizabeth, 117 Gaskell, Peter, 117–119, 135, 229, 249 Gates, Bill, 10 Gates paradox, 10, 11, 21 General Electric, 155, 157, 215, 289 General Motors assembly lines, 18 geography of new jobs, 256–63 George Washington Bridge, 167 Giffen, Robert, 132–33 gig mill, 10, 76, 86, 128 Gilded Age, 208 Gille, Bertrand, 39–40 Gini coefficient, 209, 245 Gladstone, William Ewart, 133 Glaeser, Edward, 257, 261, 263 globalization: automation, and populism, 277–85; backlash against, 365; clamping down on, 290; costs of, 366; facilitator of, 282; first wave of, 171; losers to, 21, 26; vanishing jobs and, 11 Glorious Revolution of 1688–89, 79, 82–83, 86 Golden Gate, 167 golden postwar years, 239 Goldfarb, Avi, 308 Goldin, Claudia, 213, 349 Goldin, Ian, 357 Gompers, Samuel, 279 Goodyear Tire, 199 Google, 305 Google Translate, 304 Goolsbee, Austan, 340 Gordon, Robert, 198, 202, 220, 272, 342 government regulations, 49, 137 Great Depression, 13, 143, 170, 211, 272 Great Divergence, 24; absence of economic revolution, 95; beginnings of industrialization, 94; factory system, evolution of (see factory system); Industrial Revolution (see Industrial Revolution); per capita income growth, 94; rise of the machines, 93; textile industry, Industrial Revolution begun in, 95 Great Escape, 8 “great exception” in American political history, 200 Great Migration, 205 Great Recession, 244, 284, 339, 343 Green, William, 174 Greif, Avner, 88, 92, 344 growth, culture of, 77 Gutenberg, Johannes, 47 Habsburg Empire, 85 Hammer, Michael, 326 Hansen, Alvin, 179, 342 Hargreaves, James, 102–3 Harlem, 1 Harper, Kyle, 37 Hawking, Stephen, 36 hazardous jobs, end of, 195, 198 health conditions, during Industrial Revolution, 114–15 Heaton, Herbert, 37 Heckman, James, 351 Heilbroner, Robert, 335 Hellenism, technological creativity of, 39 Henderson, Rebecca, 305, 331 Hero of Alexandria, 39 high school graduates, employment opportunities for, 237 high school movement (1910–40), 214 Himmelfarb, Gertrude, 268 Hindenburg disaster, 110 hinterland, cheap labor and housing of, 261 history deniers, 23 Hitler, Adolf, 12 Hobbes, Thomas, 8, 46 Hobsbawm, Eric, 7 Hoover, Herbert, 211 horseless age, 164 horse technology, 43, 163 Hounshell, David, 148, 150 household revolution, 155–56 housing, zoning and, 361–62 housing bubble, 282 human capital accumulation, indicators of, 133–34 Humphries, Jane, 103, 121 Hurst, Erik, 338 Huskisson, William, 109–10 Hyperloop, 363 IBM, 231 Ibsen, Henrik, 17 Ice Age, 64, 76 identity politics, 278 “idiocy of rural life,” 62–64 income(s): disparities of, 61; reshuffling of, 287 income tax (Britain), introduction of, 133 incubators, nursery cities serving as, 261 industrial bourgeoisie, 267 industrial capitalism, rise of, 218 industrial centers, rise of, 115 industrial espionage, 6 industrialization, first episode of, 16 industrial organization, fundamental principle of, 229 Industrial Revolution, 68, 70; alcoholism, 123; in Britain, 329; Britain’s edge during, 19; British income tax, introduction of, 133; capital share of income, 131–32; child labor, 123, 134; children as robots of, 8–9; classic years of, 113; closing decades of, 138, 266; conditions of England question, 116–25; consumer revolution preceding, 68; cotton yarn manufacturing at dawn of, 100–101; divergence between output and wages, 131; domestic system, description of, 118; economic consequences of, 17; Engels’ pause, 131–37; engine of, 73; Englishmen left off worse by, 364; factories existing before, 94; gig mills, 128; golden age of industry, 118; government regulation, 137; hand-loom weaver, as tragic hero of Industrial Revolution, 121; health conditions, 114–15; human capital accumulation, indicators of, 133–34; labor income share captured, 114; industrial centers, rise of, 115; jobs created by, 16; key drivers of, 342; labor unions, bargaining power of, 137; Lancashire riots, 125, 127; leading figures of, 70; literacy rates, 134; Luddites, 125–31; machinery question, concerns over, 116; machinery riots, 127, 130; macroeconomic impact of, 94; material living conditions, decline of, 114, 120–21; mobility of workers, 122; obsolescence of worker skills, 124; origins of, 6, 80–91; political situation of workers, 129; reason for beginnings in Britain, 75; recipients of the gains of, 113; standard of living issue, 121; steam power, impact of on aggregate growth, 136; symbolic beginning of, 97; tax revenue, 133; technical change during closing decades, 139; technological progress, attitudes toward, 112; trajectory of inequality in Britain during, 217; true beginnings of, 100; unemployment, 113, 117, 125; victims of, 9; Victorian Age, machinery critics of, 119; wave of gadgets, 330; working poor, 113 inequality: age of, beginnings of, 62; Neolithic rise in, 63 inflation, 294 information technology, first revolution in, 47 inner-city ghettos, problems in, 258 innovation, 257; nurseries for, 261 innovation gap, 352 in-person service jobs, 235 inspiration without perspiration, 51–59 installment credit, 159, 167 institutional divergence (colonial Europe), 81 Intel, 359 interchangeable parts: concept of, 149; pioneering of, 74 International Labour Organization (ILO), 181 International Monetary Fund (IMF), 245 international trade, rise of, 67, 69, 99 Internet of things, 22 internet traffic: spread of, 328; worldwide, 303 inventions: agriculture, 54, 62; assembly line, 141, 365; barometer, 52, 59; bicycle, 165; camel saddle, 77; carding machine, 102; of classical times, 39; coke smelting, 108; electric starter, 166; iron, 36; light bulb, 2; mariner’s compass, 50; movable-type printing press, 47; nailed horseshoe, 43; navigable submarine, 52; personal computer (PC), 231; power loom, 105; spinning jenny, 102; steam digester, 55; steam engine, 52, 76; stirrup, 43; stocking-frame knitting machine, 54, 76; submarine, 73; telescope, 59; transistor, 231; typewriter, 161–62; washing machine, 27; water frame, 102; waterwheel, 38; wheel, 35 Iron Age, 35 iron laws of economics, 206 James I of England, King, 52 Japan, ascent of, 289 JD. com, 313 Jeffersonian individualism, 200 Jenkinson, Robert, 2nd Earl of Liverpool, 130, 289 Jerome, Harry, 13, 154, 198, 328 job demand, creation of, 262 Johnson, Lyndon, 184 Joyce, James, 16 Kaldor, Nicholas, 5, 205 Kasparov, Garry, 301 Katz, Lawrence, 135, 213, 245, 349 Kay-Shuttleworth, James, 117, 229 Kennedy, John F., 183 Kettering, Charles, 166 Keynes, John Maynard, 332, 334 King, Gregory, 68 knowledge work, 235, 259 Komlos, John, 115 Korea, ascent of, 289 Korean War, 180 Krugman, Paul, 12 Kuznets, Simon, 5, 206–7 Kuznets curve, 207, 212 labor, division of, 228 labor multiplier, 347 Labor Party, rise of, 268 labor productivity, gap between worker compensation and, 244 labor unions, 212; bargaining power of, 201, 277; legalization in Britain, 190 laissez-faire regime, 25, 267 lamplighters, 1–2 Lancashire riots of 1779, 90 landed aristocracy, 83 Landes, David, 9, 112, 118, 134, 343 Land-Grant College Act of 1862, 364 Latin Church, oppression of science by, 79 laundress, vanishing of, 27, 160 Lee, William, 10, 54 Lefebvre des Noëttes, Richard, 43 Leonardo da Vinci, 38, 51, 73 Leontief, Wassily, 20, 338, 343 Levy, Frank, 237, 302, 323 liberal democracy, components of, 267 Lindert, Peter, 61, 68, 114, 207, 211, 269, 271 literacy, demand for, 76 Liverpool-Manchester Railway, 109 lobbying, corporate spending on, 275 Locke, John, 83 Lombe, John, 52, 99–100 Lombe, Thomas, 6, 100 London Steam Carriage, 109 longshoremen, vanishing of, 172 Louis XIV of France, King, 84 Luddites, 9, 18, 125–31, 341; imprisoned, 20; new, 286–92; riots, 89, 92; uprisings, 265 machinery question, 116, 174–88; adjustment problems, 177; automation, employment effects of, 180; computers, automation anxiety concerning, 183; elevator operators, 181–82; musicians, displaced, 177–78 machinery riots, 9, 265, 289; absence of (America), 190; Britain, 90 Maddison, Angus, 66 Magellan, Ferdinand, 51, 67 majority-rule voting system, 270 Malthus, Thomas Robert, 4, 64, 73, 316, 345 Malthusian logic, 345 Malthusian trap, escape of, 65 Manhattan Project, 74 Manpower Training and Development Act (MDTA), 353 Mantoux, Paul, 97, 101, 126 Manufacture des Gobelins, 84 Manufacture Royale de Glaces de Miroirs, 84 manufacturing: blue-collar jobs, disappearance of, 251, 254; American system of manufacturing, pioneers of, 149; factory electrification, 151–55; interchangeable parts, concept of, 149 Margo, Robert, 135, 145 markets, integration of, 86 Marx, Karl, 26, 47, 98, 239, 364 Massey, Douglas, 256 Massive Open Online Courses (MOOCs), 354 mass production, 147–73; American system of manufacturing, pioneers of, 149; containerization, 171–72; direct drive, 153; factory electrification, 151–55; horseless age, 164; household revolution, 156; industries, 18; installment credit, 159, 167; interchangeable parts, concept of, 149; Model T, 167; unit drive, 153 Maurice of Nassau, Prince of Orange, 59 Maybach, Wilhelm, 166 McAfee, Andrew, 303, 339 McCloskey, Deirdre, 70 McCormick, Cyrus, 149, 168 McLean, Malcom, 171 mechanics, Galileo’s theory of, 53 mechanization, age of automation vs. age of, 227 median voter theories, 270 medieval Christianity, 78 mercantilism, flawed doctrine of, 83 Mesopotamia, 35 metals, discovery and exploitation of, 35 Michigan Antitrust Reform Act of 1985, 359 Microsoft, 306 Middle Ages: agricultural technology in, 42; feudal order of, 57; onset of, 41; technical advances of, 50; traditional crafts of, 68 middle class, descent of, 223–25; artificial intelligence, 228; automation, adverse consequences of, 240; cognitive divide, 238–43; computer-controlled machines, jobs eliminated by, 228; computers, 228–38; corporate profits, 244; division of labor between human and machine, 228; earnings gap, 230; Engels’ pause, return of, 243–48; golden postwar years, 239; Great Recession, 244; high school graduates, employment opportunities for, 237; industrial organization, fundamental principle of, 229; in-person service jobs, 235; knowledge workers, 235; labor productivity, gap between worker compensation and, 244; mechanization, age of automation vs. age of, 227; multipurpose robots, 242; rule-based logic, 228; Second Industrial Revolution, elimination of jobs created for machine operators during, 228; “symbolic analysts,” 235 middle class, triumph of, 218–222; agriculture, mechanization of, 189; automotive industry, 202; baby boom, 221; blue-collar Americans, unprecedented wages of, 220; child labor, as opportunity cost to education, 214; collective bargaining, 192; corporate giants, 208; corporate paternalism, 200; education and technology, race between, 216; end of drudgery, 193–98; Engels’ pause, 219; factory electrification, 190, 195; farming jobs, decline of, 197, 203; Great Depression, 211; “great exception” in American political history, 200; Great Migration, 205; hazardous jobs, end of, 195, 198; high school movement (1910–40), 214; Jeffersonian individualism, 200; Kuznets curve, 207, 212; labor unions, 201, 212; leveling of American wages, 211; machinery riots, absence of, 190; middle class, emergence of, 192, 292; national minimum wage, introduction of, 211; new consumer goods, Americans’ growing appetite for, 203; New Deal, 200, 212; public schooling, 214; Second Industrial Revolution, 209, 217; skill-biased technological change, 213; tractor use, expansion of, 196; urban-rural wage gap, 209; Wall Street, depression suffered by, 211; welfare capitalism, 198, 200; welfare state, rise of, 221; white-collar employment, 197, 218 Middle East, 77 Milanovic, Branko, 217, 245 mining, 194, 197 Minoan civilization, 34 mobile robotics, 342 mobility, demands for, 348 mobility vouchers, 360 Model T, 167 modern medicine, rise of, 22 Mokyr, Joel, 19, 52, 76–77, 79 Moore’s Law, 107, 301, 304 Moravec’s paradox, 236 Moretti, Enrico, 258, 262–63, 360 Morgan, J.


pages: 342 words: 72,927

Transport for Humans: Are We Nearly There Yet? by Pete Dyson, Rory Sutherland

Abraham Maslow, Alan Greenspan, autonomous vehicles, barriers to entry, behavioural economics, bitcoin, Black Swan, Boeing 747, BRICs, butterfly effect, car-free, carbon footprint, Charles Babbage, choice architecture, cognitive bias, cognitive load, coronavirus, COVID-19, Crossrail, Daniel Kahneman / Amos Tversky, decarbonisation, demand response, Diane Coyle, digital map, driverless car, Dunning–Kruger effect, Elon Musk, fake news, functional fixedness, gender pay gap, George Akerlof, gig economy, global supply chain, Goodhart's law, Greta Thunberg, Gödel, Escher, Bach, high-speed rail, hive mind, Hyperloop, Induced demand, informal economy, Isaac Newton, Jane Jacobs, lockdown, longitudinal study, loss aversion, low cost airline, Lyft, megaproject, meta-analysis, Network effects, nudge unit, Ocado, overview effect, Paul Samuelson, performance metric, pneumatic tube, RAND corporation, randomized controlled trial, remote working, ride hailing / ride sharing, risk tolerance, Rory Sutherland, Sapir-Whorf hypothesis, selection bias, Skype, smart transportation, social distancing, South Sea Bubble, systems thinking, TED Talk, the map is not the territory, The Market for Lemons, the scientific method, The Wisdom of Crowds, Thomas Malthus, Uber and Lyft, uber lyft, urban planning, Veblen good, When a measure becomes a target, yield management, zero-sum game

It grabs headlines, splits opinion and seems exceptional to the British public, but it shares common ground with similar rail projects all over the world. It’s certainly not the first massive and controversial transport megaproject, and there’s a good chance it won’t be the last. In this way it is similar to time-saving inventions of the past (like Concorde) and those transformational technologies of the future (like the hyperloop, electric planes and driverless cars). 1. Design for end-to-end journeys The key benefits of long-distance rail over air travel and motorway driving are simplicity and smoothness. Once boarded, the train has a royal flush of advantages, with its seats and connectivity, the ability to walk about the carriage, and large scenic windows.

Now Existing digital technologies, innovation from outside-in E-commerce/videoconferencing/digital connectivity/digital platforms Journey planners/shared mobility/car clubs/demand-responsive transport Near Existing physical technologies accelerated by transport Micromobility (e-scooters, e-bikes and more) Electric cars Far Emerging technologies pioneered by transport Driverless cars/autonomous vehicles/drones Hydrogen-powered freight, trains and shipping Hyperloop trains/electric planes The ‘hype curve’ shows how new technologies start more slowly than insiders expect. Skype started in 2003 and Ocado in 2010, and while the benefits of both were clear from the outset, they saw modest usage until an exogenous shock – the Covid-19 pandemic – acted as a trigger for an explosion in home working and online shopping.

As we have shown, societal change most commonly follows an S-curve, i.e. change appears to happen slowly at first, then faster and faster, before plateauing off. Unfortunately, when sat at the base of the ‘S’, many optimists and myopics are vulnerable to the lure of extrapolating that midway exponential growth, drawing an inexorable and fanciful line upwards. Physical transport technologies such as driverless cars and Hyperloop trains attract huge amounts of funding when the economy is strong – almost $750 billion in 2018 and 201926 – but the revolution always seems to lie just around the corner. To paraphrase the twentieth-century economist Paul Samuelson, technologists correctly predicted nine of the last five transport revolutions.


pages: 304 words: 80,143

The Autonomous Revolution: Reclaiming the Future We’ve Sold to Machines by William Davidow, Michael Malone

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, agricultural Revolution, Airbnb, AlphaGo, American Society of Civil Engineers: Report Card, Automated Insights, autonomous vehicles, basic income, benefit corporation, bitcoin, blockchain, blue-collar work, Bob Noyce, business process, call centre, Cambridge Analytica, cashless society, citizen journalism, Clayton Christensen, collaborative consumption, collaborative economy, collective bargaining, creative destruction, crowdsourcing, cryptocurrency, deep learning, DeepMind, disintermediation, disruptive innovation, distributed ledger, en.wikipedia.org, Erik Brynjolfsson, fake news, Filter Bubble, Ford Model T, Francis Fukuyama: the end of history, general purpose technology, Geoffrey West, Santa Fe Institute, gig economy, Gini coefficient, high-speed rail, holacracy, Hyperloop, income inequality, industrial robot, Internet of things, invention of agriculture, invention of movable type, invention of the printing press, invisible hand, Jane Jacobs, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, Joseph Schumpeter, license plate recognition, low interest rates, Lyft, Mark Zuckerberg, mass immigration, Network effects, new economy, peer-to-peer lending, QWERTY keyboard, ransomware, Richard Florida, Robert Gordon, robo advisor, Ronald Reagan, Second Machine Age, self-driving car, sharing economy, Shoshana Zuboff, Silicon Valley, Simon Kuznets, Skinner box, Snapchat, speech recognition, streetcar suburb, Stuxnet, surveillance capitalism, synthetic biology, TaskRabbit, The Death and Life of Great American Cities, The Rise and Fall of American Growth, the scientific method, trade route, Turing test, two and twenty, Uber and Lyft, uber lyft, universal basic income, uranium enrichment, urban planning, vertical integration, warehouse automation, zero day, zero-sum game, Zipcar

Erik Brynjolfsson and Andrew McAfee, The Second Machine Age (New York: W. W. Norton, 2014), 221. 45. Bill Snyder, “You’ll Never Get Google Fiber—But You Don’t Need It Anyway,” InfoWorld, December 6, 2012, https://www.infoworld.com/article/2616265/you-ll-never-get-google-fiber----but-you-don-t-need-it-anyway.html. 46. “Hyperloop,” Wikipedia, https://en.wikipedia.org/wiki/Hyperloop. 47. “The Rise of Suburbs,” Lumen, https://courses.lumenlearning.com/ushistory2ay/chapter/the-rise-of-suburbs-2/. 48. Brent Nyitray, “Construction Spending Falls as a Percentage of GDP,” Market Realist, August, 2, 2019, https://marketrealist.com/2016/08/construction-spending-falls-percentage-gdp/. 49.

The projects identified by the ASCE represent only a fraction of what has to be done to create a robust twenty-first-century infrastructure. Providing 100 million households with FTTH (fiber to the home) would require an investment of between a quarter and a half-trillion dollars—and that’s just the tip of the iceberg.45 Massive investments in public transportation are needed—things like high-speed rail, and possibly even hyperloops that would allow trains to travel at the speed of sound.46 Substantial portions of our cities and suburbs will need to be retrofitted or rebuilt from scratch. In the 1960s and 1970s, when the 41,000-mile Interstate Highway System was being completed and the suburban population was burgeoning (it almost doubled between 1950 and 1970), construction spending ran 10 to 11 percent of GDP.47 It falls in the 5 to 6 percent range today,48 so it could easily double.


pages: 324 words: 80,217

The Decadent Society: How We Became the Victims of Our Own Success by Ross Douthat

Affordable Care Act / Obamacare, AI winter, Apollo 13, Bernie Sanders, bitcoin, Black Lives Matter, Boeing 747, Burning Man, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, centre right, Charlie Hebdo massacre, charter city, crack epidemic, CRISPR, crowdsourcing, David Graeber, Deng Xiaoping, deplatforming, Donald Trump, driverless car, East Village, Easter island, Elon Musk, fake news, Flynn Effect, Francis Fukuyama: the end of history, Francisco Pizarro, ghettoisation, gig economy, Golden age of television, green new deal, Haight Ashbury, helicopter parent, hive mind, Hyperloop, immigration reform, informal economy, intentional community, Intergovernmental Panel on Climate Change (IPCC), Islamic Golden Age, Jeff Bezos, Jeremy Corbyn, Joan Didion, Kevin Kelly, Kickstarter, knowledge worker, life extension, low interest rates, mass immigration, mass incarceration, means of production, megacity, meritocracy, microaggression, move fast and break things, multiplanetary species, Neal Stephenson, Neil Armstrong, New Journalism, Nicholas Carr, Norman Mailer, obamacare, Oculus Rift, open borders, opioid epidemic / opioid crisis, out of africa, Panopticon Jeremy Bentham, Paris climate accords, peak TV, Peter Thiel, plutocrats, pre–internet, private spaceflight, QAnon, quantitative easing, radical life extension, rent-seeking, Robert Bork, Robert Gordon, Ronald Reagan, secular stagnation, self-driving car, Silicon Valley, Silicon Valley billionaire, Silicon Valley ideology, Snapchat, Snow Crash, Social Justice Warrior, social web, Steve Bannon, Steve Jobs, Steven Pinker, technoutopianism, TED Talk, the built environment, The Rise and Fall of American Growth, Tyler Cowen, Tyler Cowen: Great Stagnation, wage slave, WeWork, women in the workforce, Y2K

There have been sublime technological objets, like the iPhone, whose original release was the closest my own generation possesses to a shared experience of techno-wonder. There have certainly been men and women who get famous selling the promise of the sublime—Elon Musk’s hyperloops being the most famous examples. And there have been moments of a nostalgic sublime—such as the final flight of the space shuttle Discovery, carried into history on a special Boeing 747 airliner, which had people craning their necks to watch as the retired spacecraft was ferried from Florida to the Smithsonian in Washington, DC. But the hyperloop is a blueprint, Las Vegas is a simulacrum, virtual reality is not—and as the science-fiction writer Neal Stephenson wrote after watching Discovery pass overhead, the nostalgic sublime of its final flight mostly accentuated the possibilities we’ve given up: “My lifespan encompasses the era when the United States of America was capable of launching human beings into space.

.), 97 Handmaid’s Tale, The (Atwood), 47–50, 65 Handmaid’s Tale, The (TV show), 95 Hanson, Robin, 234 Harris, Mark, 93–94 Harris, Sam, 224 Hazony, Yoram, 218, 219 health care reform: interest groups and, 73 Obama and, 68, 69–70, 73–74, 76 Heavens and the Earth, The (McDougall), 2 Herbert, Frank, 229 Heterodox Academy, 97 Hinduism, 225 history: end of, 112–15, 135, 163, 177 return of, 129, 183, 195 viewed as morality play, 157 hive mind, 106–7 Holmes, Elizabeth, 18–19, 22 hookup culture, 121 horoscopes, 225 Houellebecq, Michel, 155–57, 159, 160–61, 172, 226, 227 House of Representatives, US, 68 “How the Wealth Was Won” (2019 paper), 26 Hubbard, L. Ron, 231 Huebner, Jonathan, 45 Hungary, 85–86, 164 Huntington, Samuel, 159 Hurrican Maria, 71 Hustler, 119–20 Huxley, Aldous, 127–28, 130, 184–85 Huysmans, Joris-Karl, 156 hyperloops, 37 Identity: The Demand for Dignity and the Politics of Resentment (Fukuyama), 115 identity politics, 115 ideological debates, repetition in, 100–101 “illiberal democracy,” 163–64 immanent divine, 224 immigrants, 64 birthrate of, 50 immigration: economic and social insecurities exacerbated by, 63–64 see also mass migration immigration reform, 70 impeachment hearings, 71 Inca Empire, 189–90 India, economic growth in, 167 inequality, economic, 31–32 declining birthrate and, 57–58 infant mortality rates, 50–51 innovation, 30 decline of, 45, 46 declining birthrate and, 57–58 repetition vs., 9 Instagram, 18 institutions: decadence and, 8–10, 69 technological acceleration and, 213–15 intellectuals, intellectual realm, repetition in, 96–101, 180 interest groups, health care and, 73–74 Intergovernmental Panel on Climate Change, 174 Internet, 40 anonymity on, 144–45 Chinese censoring of, 139 and decline in risky social behavior, 122–23 and declining rates of sexual violence, 121–22 extremist elements of, 194 hive mind and, 106–7 homogenization of, 104–5, 106 illusion of progress fed by, 11 journalism and, 105–6 mediocrity and, 107 NSA and, 146, 147 pornography and, 120–21 productivity and, 41 repetition in, 104–7 right to privacy and, 145, 146–47 as surveillance state, 144–47 unfulfilled promise of, 104–5 Internet economy, 17, 22 consolidation in, 27 Ip, Greg, 167 IPCC, 195 iPhone, 37, 40, 107 IQ scores, Flynn effect and, 35 Iran, Islamic Republic of, 160, 163 Iran nuclear deal, 71 Iraq War, 69, 70, 80, 150 Ireland, 52, 84 Islam, Islamic world, 201, 223 falling birthrates in, 161 modernity and, 227 as path to renaissance, 226–28 Islamic State (ISIS), 70, 113, 148, 152, 160 Islamists, Islamism, 113, 114, 155, 207 as alternative to liberal order, 159–62 Israel: birthrate in, 50, 54, 217 as model for nationalist renaissance, 217–18 Italy, 84, 85 iTunes, 105 Ivanov, Vyacheslav, 7 James, P.


pages: 407 words: 90,238

Stealing Fire: How Silicon Valley, the Navy SEALs, and Maverick Scientists Are Revolutionizing the Way We Live and Work by Steven Kotler, Jamie Wheal

"World Economic Forum" Davos, 3D printing, Abraham Maslow, Alexander Shulgin, Alvin Toffler, augmented reality, Berlin Wall, Bernie Sanders, bitcoin, blockchain, Burning Man, Colonization of Mars, crowdsourcing, David Brooks, delayed gratification, disruptive innovation, driverless car, Electric Kool-Aid Acid Test, Elon Musk, en.wikipedia.org, Future Shock, Hacker News, high batting average, hive mind, How many piano tuners are there in Chicago?, hype cycle, Hyperloop, impulse control, independent contractor, informal economy, Jaron Lanier, John Markoff, John Perry Barlow, Kevin Kelly, Larry Ellison, lateral thinking, Mason jar, Maui Hawaii, McMansion, means of production, Menlo Park, meta-analysis, microdosing, military-industrial complex, mirror neurons, music of the spheres, off-the-grid, pattern recognition, Peter Thiel, PIHKAL and TIHKAL, prosperity theology / prosperity gospel / gospel of success, Ray Kurzweil, ride hailing / ride sharing, risk tolerance, science of happiness, selective serotonin reuptake inhibitor (SSRI), Silicon Valley, Silicon Valley billionaire, Silicon Valley startup, Skype, Steve Jobs, synthetic biology, TED Talk, time dilation, Tony Hsieh, urban planning, Virgin Galactic

I think as technologists we should have some safe places where we can try out things and figure out the effect on society, the effect on people, without having to deploy it to the whole world.” In 2007, Elon Musk did just that, debuting an early prototype10 of his Tesla electric roadster at the event. He also came up with the ideas11 for both his renewable energy company SolarCity and his superfast transit system Hyperloop while on the playa. And true to the Burning Man principle of gifting, he gave both away. SolarCity went to his cousins; Hyperloop, published online in a white paper, was an offering to the world at large (that has since inspired two different companies). Zappos founder and CEO Tony Hsieh12 told Playboy that the experience of collective awareness, what he calls “the hive switch,” is the reason he attends.

See also specific hallucinogen Hamelin (Germany) pipers, 65–66, 67, 69 Hanfstaeng, Ernst, 69 Harper’s Magazine: Sandia “super mule” article in, 184 Harris, Sam, 57–58 Harvard Business Review: Tolbert comments in, 93 Harvard Medical School: lifestyle change study at, 42 Harvard University: happiness course at, 175 Harvey, Larry, 160 hashish, 34 head trauma, 60–61 heart rate: monitoring of, 104, 147, 151, 197 Heaven’s Gate suicides, 67 hedonic calendaring, 213–16 Heifetz, Ron, 114 Hell Week, Navy SEALs, 13, 19 Hells Angels, 189 Hemingway, Ernest, 216 heroin, 29, 62 Hessel, Andrew, 133–34 Hill, Napoleon, 80 Hirshberg, Peter, 166–67, 168 Hitler, Adolf, 69 hocus-pocus, 73, 74 Hofmann, Albert, 3 Holiday, Ryan, 205–6 Holy Ghost: Mormon belief in, 53, 54 hope: importance of, 222 Horgan, John, 58 horseback riding, 60, 61 How We Got to Now (Steve Johnson), 141 Howl (Ginsberg), 77 Hsieh, Tony, 161–62, 163, 170, 210 Hua, Vanessa, 159 human condition, 216–18 human potential movement, 76, 77–81, 191 Hunt, Graham, 135, 136 Hurricane Katrina, 164–65 Hurricane Sandy, 165 Huxley, Aldous, 3, 199 HyaSynth Bio, 133 hydrocodone, 133 Hyperloop, 161 Hyperspace Lexicon, 130–31, 204 hypnosis, 108 ibogaine, 116, 122 iFly (Metni company), 138, 150 imaging technology, 101, 107–8, 109, 124, 125, 194. See also brain imaging IMAX, 30 immersive experience design and training, 148–53 immersive/visionary art, 142–45, 149, 150, 157, 198 In Over Our Heads (Kegan), 39 individualism, 68 information technology, 185–87, 199, 216 innovation.


pages: 277 words: 91,698

SAM: One Robot, a Dozen Engineers, and the Race to Revolutionize the Way We Build by Jonathan Waldman

Burning Man, computer vision, Ford paid five dollars a day, glass ceiling, helicopter parent, Hyperloop, industrial robot, information security, James Webb Space Telescope, job automation, Lean Startup, minimum viable product, off grid, Ralph Nader, Ralph Waldo Emerson, Ronald Reagan, self-driving car, Silicon Valley, stealth mode startup, Steve Jobs, Strategic Defense Initiative, strikebreaker, union organizing, Yogi Berra

In Scott’s fantasies, Google—which had an appetite for innovation and robotics—would see SAM run, know right away that it was looking at the future, and extend its mighty pedicured tentacles, propelling the start-up to the stratosphere. Zak, meanwhile, flew halfway around the world to the United Arab Emirates, to represent Construction Robotics at an intriguing new program called the Dubai Future Accelerators. Flashy hotshot upstarts including Uber and Hyperloop One had been accepted—and just being mentioned alongside them made it especially tantalizing to Zak. Initially, Scott had been lukewarm about the idea; it didn’t help that his wife did not want him huddled away in the Middle East for two months. Nate also had been opposed. He’d called the program a waste of time.

By the end of the third week, the office had cleared out. A third of the companies admitted to the program had bailed, and the rest had stopped participating in show-and-tell. Zak considered bailing but did not because he detected glimmers of hope. When the U.S. ambassador stopped by, the program head directed him to just two companies: Hyperloop One and Construction Robotics. To Zak, the head of the program kept saying that SAM was great, wonderful, the quintessence of the program. Privately, the head said that the crown prince’s response was encouraging and that CR was on track to get funding. More specifically, he said that CR was on the shortlist for establishing a memorandum of understanding—though it was never clear what exactly that understanding would entail.

The idea was no more compelling or novel than opening a new sushi restaurant in Sarasota. The whole thing seemed to be a sham. More evidence: Those promised MOUs, he’d heard, led nowhere. They were fluff. All they said was: We agree to work with you for the next sixty days. And the big money—the royal pocket change—was never there. Hyperloop One, as Zak once believed, didn’t actually get $50 million from the accelerator. It got the money independently, before the program ever started, but the press releases didn’t exactly clarify that. All in all, he felt duped. “If we hadn’t gone, we’d have been like, Oh my God, we missed out on such an opportunity,” he said.


pages: 329 words: 100,162

Hype: How Scammers, Grifters, and Con Artists Are Taking Over the Internet―and Why We're Following by Gabrielle Bluestone

Adam Neumann (WeWork), Airbnb, Bellingcat, Bernie Madoff, Bernie Sanders, Big Tech, bitcoin, Black Lives Matter, Burning Man, cashless society, coronavirus, COVID-19, Donald Trump, driverless car, Elon Musk, fake it until you make it, financial thriller, forensic accounting, gig economy, global pandemic, growth hacking, high net worth, hockey-stick growth, hype cycle, Hyperloop, Kevin Roose, lock screen, lockdown, Lyft, Mark Zuckerberg, Masayoshi Son, Mason jar, Menlo Park, Multics, Naomi Klein, Netflix Prize, NetJets, Peter Thiel, placebo effect, post-truth, RFID, ride hailing / ride sharing, Russell Brand, Sand Hill Road, self-driving car, Silicon Valley, Snapchat, social distancing, SoftBank, Steve Jobs, tech billionaire, tech bro, TikTok, Tim Cook: Apple, Travis Kalanick, Uber and Lyft, uber lyft, unpaid internship, upwardly mobile, Vision Fund, WeWork

Because when you really look hard at his legacy, it’s not as impressive as the headlines would have you believe. For one thing, Musk’s SpaceX rockets also keep blowing up on the launchpad, including one model that destroyed a $200 million satellite owned by Facebook in the process. And then there’s his high-tech Hyperloop plan to revolutionize underground travel, an exciting idea on paper that he’s yet to successfully implement in real life. But it has been a great way of marketing his tunnel-boring company. At least I have to presume that’s what led Chicago mayor Rahm Emanuel to sign a deal with Musk in 2018 to create a $1 billion high-speed tunnel system in Chicago.

The project was supposed to whisk nineteen hundred people an hour to O’Hare Airport in less than twelve minutes via sealed pods mounted atop electric sleds.61 But just a few months later, Musk announced that instead of pods, he would be using modified Teslas instead, a bait and switch that saw a mass-transit project suddenly transformed into an individual one. With Emanuel now out of office and the proposed transit limited to individual cars, the project now seems unlikely to proceed. And overhyped Boring Company hyperloop plans in Nevada, Virginia, and California have hit similar tunnel walls. But to hear Musk tell it, the projects are all moving lightspeed ahead. It’s “kind of a standard rationalization to make that ‘Yes, I just have this one little problem I have to overcome and once I overcome that, then I’m going to have it.

It is us who will blaze the path forward, paved not with algorithms, not with software, but with values. With friendship. With common goals, and most importantly, with humanity,” he said. “A lot of people talk about the third wave, the new revolution. They talk about connectivity. They talk about internet. They talk about Hyperloops to connect cities really quickly, and tunnels so we avoid the traffic. That all sounds amazing. But let me tell you something: I don’t think that’s true.” After waiting for the applause to die out, Adam Neumann, the founder of WeWork, continued his speech. “We will not stand by, and we will not lend our power to presidents, CEOs, ministers, or anybody—any leader—that does not lead us in the right direction, that lies to us, that does not take care of us.


pages: 562 words: 201,502

Elon Musk by Walter Isaacson

4chan, activist fund / activist shareholder / activist investor, Airbnb, Albert Einstein, AltaVista, Apollo 11, Apple II, Apple's 1984 Super Bowl advert, artificial general intelligence, autism spectrum disorder, autonomous vehicles, basic income, Big Tech, blockchain, Boston Dynamics, Burning Man, carbon footprint, ChatGPT, Chuck Templeton: OpenTable:, Clayton Christensen, clean tech, Colonization of Mars, computer vision, Computing Machinery and Intelligence, coronavirus, COVID-19, crowdsourcing, cryptocurrency, deep learning, DeepMind, Demis Hassabis, disinformation, Dogecoin, Donald Trump, Douglas Engelbart, drone strike, effective altruism, Elon Musk, estate planning, fail fast, fake news, game design, gigafactory, GPT-4, high-speed rail, hiring and firing, hive mind, Hyperloop, impulse control, industrial robot, information security, Jeff Bezos, Jeffrey Epstein, John Markoff, John von Neumann, Jony Ive, Kwajalein Atoll, lab leak, large language model, Larry Ellison, lockdown, low earth orbit, Marc Andreessen, Marc Benioff, Mars Society, Max Levchin, Michael Shellenberger, multiplanetary species, Neil Armstrong, Network effects, OpenAI, packet switching, Parler "social media", paypal mafia, peer-to-peer, Peter Thiel, QAnon, Ray Kurzweil, reality distortion field, remote working, rent control, risk tolerance, Rubik’s Cube, Salesforce, Sam Altman, Sam Bankman-Fried, San Francisco homelessness, Sand Hill Road, Saturday Night Live, self-driving car, seminal paper, short selling, Silicon Valley, Skype, SpaceX Starlink, Stephen Hawking, Steve Jobs, Steve Jurvetson, Steve Wozniak, Steven Levy, Streisand effect, supply-chain management, tech bro, TED Talk, Tesla Model S, the payments system, Tim Cook: Apple, universal basic income, Vernor Vinge, vertical integration, Virgin Galactic, wikimedia commons, William MacAskill, work culture , Y Combinator

Musk had come up with an even more audacious idea a few years earlier, which was to build a pneumatic-like tube with electromagnetically accelerated pods to propel people at close to supersonic speeds between cities. He called it Hyperloop. In an unusual show of restraint, he thought better of attempting to build one and instead set up a design competition for students. He built a mile-long vacuum-chamber tube alongside SpaceX headquarters for them to demonstrate their ideas. The first Hyperloop student competition was scheduled for a Sunday in January 2017, and student groups from as far away as the Netherlands and Germany were planning to come and show off their experimental pods.

The first Hyperloop student competition was scheduled for a Sunday in January 2017, and student groups from as far away as the Netherlands and Germany were planning to come and show off their experimental pods. Mayor Eric Garcetti and other officials would be there, so Musk decided it would be a good opportunity to announce his tunnel-boring idea. At a meeting that Friday morning, he asked how long it would take to begin digging a tunnel in the lot next to the Hyperloop experiment tube. About two weeks, he was told. “Get started today,” he ordered. “I want as big of a hole as we can by Sunday.” His assistant Elissa Butterfield scrambled to get Tesla workers to move their cars out of the lot, and within three hours the two tunneling machines Davis had bought were digging away.

No. 12711-VCS, Apr. 27, 2022; Austin Carr, “The Real Story behind Elon Musk’s $2.6 Billion Acquisition of SolarCity,” Fast Company, June 7, 2017; Austin Carr, “Inside Steel Pulse,” Fast Company, June 9, 2017; Josh Dzieza, “Why Tesla’s Battery for Your Home Should Terrify Utilities,” The Verge, Feb. 13. 2015; Ivan Penn and Russ Mitchell, “Elon Musk Wants to Sell People Solar Roofs That Look Great,” Los Angeles Times, Oct. 28, 2016. 43. The Boring Company: Author’s interviews with Sam Teller, Steve Davis, Jon McNeil, Elon Musk, Joe Kuhn, Elissa Butterfield. Elon Musk, “Hyperloop Alpha,” Tesla Blog, 2013; Max Chafkin, “Tunnel Vision,” Bloomberg, Feb. 20, 2017. 44. Rocky Relationships: Author’s interviews with Elon Musk, Juleanna Glover, Sam Teller, Peter Thiel, Amber Heard, Kimbal Musk, Tosca Musk, Maye Musk, Antonio Gracias, Jared Birchall. Joe Kernen, Donald Trump interview, CNBC, Jan. 22, 2020; Barbara Jones, “Inter-galactic Family Feud,” Mail on Sunday, Mar. 17, 2018; Rob Crilly, “Elon Musk’s Estranged Father, 72, Calls His Newborn Baby with Stepdaughter ‘God’s Plan,’ ” The National Post (Canada), Mar. 25, 2018; Strauss, “The Architect of Tomorrow.” 45.


pages: 344 words: 104,522

Woke, Inc: Inside Corporate America's Social Justice Scam by Vivek Ramaswamy

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, 2021 United States Capitol attack, activist fund / activist shareholder / activist investor, affirmative action, Airbnb, Amazon Web Services, An Inconvenient Truth, anti-bias training, Bernie Sanders, Big Tech, BIPOC, Black Lives Matter, carbon footprint, clean tech, cloud computing, contact tracing, coronavirus, corporate governance, corporate social responsibility, COVID-19, critical race theory, crony capitalism, cryptocurrency, defund the police, deplatforming, desegregation, disinformation, don't be evil, Donald Trump, en.wikipedia.org, Eugene Fama: efficient market hypothesis, fudge factor, full employment, George Floyd, glass ceiling, global pandemic, green new deal, hiring and firing, Hyperloop, impact investing, independent contractor, index fund, Jeff Bezos, lockdown, Marc Benioff, Mark Zuckerberg, microaggression, military-industrial complex, Network effects, Parler "social media", plant based meat, Ponzi scheme, profit maximization, random walk, ride hailing / ride sharing, risk-adjusted returns, Robert Bork, Robinhood: mobile stock trading app, Ronald Reagan, Salesforce, self-driving car, shareholder value, short selling, short squeeze, Silicon Valley, Silicon Valley billionaire, Silicon Valley ideology, single source of truth, Snapchat, social distancing, Social Responsibility of Business Is to Increase Its Profits, source of truth, sovereign wealth fund, Susan Wojcicki, the scientific method, Tim Cook: Apple, too big to fail, trade route, transcontinental railway, traveling salesman, trickle-down economics, Vanguard fund, Virgin Galactic, WeWork, zero-sum game

Fund managers and corporate executives gradually went back to doing business in Saudi Arabia just as they had done before. Richard Branson had rejected the proposed Saudi investment in Virgin Galactic in 2018, but by the next fall his affiliated company Virgin Hyperloop was doing business in Saudi Arabia again. Indeed, in 2019, Virgin Hyperloop’s CEO said it was “delighted” to return to the Future Investment Initiative conference, which Branson had boycotted only a year prior. Uber CEO Dara Khosrowshahi retreated from his initially critical stance in 2018. During a November 2019 interview, he said the murder of Khashoggi was “a mistake” but that Uber had “made mistakes too, with self-driving”—drawing an equivalence between a targeted assassination of a journalist and a pedestrian accident involving a self-driving car.47 McKinsey & Company went back to charging a small fortune for advising clients on how to do business in the Kingdom of Saudi Arabia.


pages: 492 words: 141,544

Red Moon by Kim Stanley Robinson

artificial general intelligence, basic income, blockchain, Brownian motion, correlation does not imply causation, cryptocurrency, deep learning, Deng Xiaoping, gig economy, Great Leap Forward, Hyperloop, illegal immigration, income inequality, invisible hand, Ken Thompson, Kim Stanley Robinson, low earth orbit, machine translation, Magellanic Cloud, megacity, Neil Armstrong, precariat, quantum entanglement, Schrödinger's Cat, seigniorage, strong AI, Turing machine, universal basic income, zero-sum game

“Tell them you’re with me!” she said, and dragged him off. The train station was completely surrounded by other buildings, it seemed to Fred; trains were apparently arriving and departing underground. One new wing on the east end of the giant building displayed posters with pictures that suggested it was a hyperloop terminal. Qi confirmed this and added that they were very fast. She looked at his wristpad and told him his name was William Janney, then marched them to broad doors at the other end of the station, where they stood in the line going through a security checkpoint. Fred worried about the chip she had mentioned, embedded in her body somewhere.

From there a big vehicle, with tires taller than a man, came out to the lander and they were helped up and into it. Again Ta Shu felt the wicked press of Earth’s gravity crush him to an invalid. The vehicle jounced to the terminal. There Ta Shu agreed to put on a bodysuit, feeling old and ashamed, even though most of his fellow passengers were doing the same. After the fitting he stalked over to the hyperloop train to Beijing, which was more expensive but slightly faster than flying. Off they went, almost all of them encased in exoskeletons, red-eyed and withdrawn. Back to Earth. In the transfers between stations he focused on learning his suit and avoiding a fall, then sat down thankfully in each new train or tram car.

Qi saw the sense in this, and turned and went through the door into the tram. Fred followed, then Ta Shu, and when they were seated and strapped in, the tram jerked forward and off they went. The tram they were on was floating over a piste laid in as straight and flat a line over the landscape as they had been able to build. On Earth they would have been inside hyperloops. Here the moon gave them a near vacuum to move in, but they had to either hew to a straight line or risk flying off the piste. In a couple of places, where the line had to take an unavoidable swerve, the train slowed to a crawl, but most of the time it floated along at a rocketlike speed that nevertheless included no vibration or noise, so that looking out the windows was like looking at an image on a screen.


pages: 287 words: 82,576

The Complacent Class: The Self-Defeating Quest for the American Dream by Tyler Cowen

affirmative action, Affordable Care Act / Obamacare, Airbnb, Alvin Roth, assortative mating, behavioural economics, Bernie Sanders, bike sharing, Black Lives Matter, Black Swan, business climate, business cycle, circulation of elites, classic study, clean water, David Graeber, declining real wages, deindustrialization, desegregation, digital divide, Donald Trump, driverless car, drone strike, East Village, Elon Musk, Ferguson, Missouri, Francis Fukuyama: the end of history, gentrification, gig economy, Google Glasses, Hyman Minsky, Hyperloop, income inequality, intangible asset, Internet of things, inventory management, knowledge worker, labor-force participation, low interest rates, low skilled workers, Marc Andreessen, Mark Zuckerberg, medical residency, meta-analysis, obamacare, offshore financial centre, Paradox of Choice, Paul Samuelson, Peter Thiel, public intellectual, purchasing power parity, Richard Florida, security theater, sharing economy, Silicon Valley, Silicon Valley ideology, Skype, South China Sea, Steven Pinker, Stuxnet, The Great Moderation, The Rise and Fall of American Growth, total factor productivity, Tyler Cowen, Tyler Cowen: Great Stagnation, upwardly mobile, Vilfredo Pareto, working-age population, World Values Survey

Those options seemed like logical next steps for a world that had recently been transformed by railroads, automobiles, urbanization, and many other highly visible shifts in what was built, how we got around, and how things looked. But over the last few decades, the interest in those kinds of transportation-based, landscape-transforming projects largely has faded away. Elon Musk’s hyperloop plans will remain on the drawing board for the foreseeable future, and the settlement of Mars is yet farther away. Urban progress is less transformational and more a matter of making more neighborhoods look and act like the nicer neighborhoods—namely gentrification. When it comes to transportation, mostly we are hoping to avoid greater suffering, such as worse traffic, cuts in bus service, or the rather dramatic declines in service quality experienced in the Washington, DC, Metro system.

The Concorde, rather than proving to be the wave of the future, has been retired. Entrepreneur Elon Musk stands as the most visible and obvious representative of the idea of major progress in the physical world. For all of his admirable confidence and unapologetic ambition, most of his projects have yet to succeed. The hyperloop talk seems like more of a publicity stunt than anything else, as we will not be transporting people by whipping them in capsules through reduced-pressure tubes, not anytime soon at least. We can’t even get a new (slow) train tunnel built under the Hudson River to connect New Jersey and New York.


pages: 286 words: 87,401

Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies by Reid Hoffman, Chris Yeh

"Susan Fowler" uber, activist fund / activist shareholder / activist investor, adjacent possible, Airbnb, Amazon Web Services, Andy Rubin, autonomous vehicles, Benchmark Capital, bitcoin, Blitzscaling, blockchain, Bob Noyce, business intelligence, Cambridge Analytica, Chuck Templeton: OpenTable:, cloud computing, CRISPR, crowdsourcing, cryptocurrency, Daniel Kahneman / Amos Tversky, data science, database schema, DeepMind, Didi Chuxing, discounted cash flows, Elon Musk, fake news, Firefox, Ford Model T, forensic accounting, fulfillment center, Future Shock, George Gilder, global pandemic, Google Hangouts, Google X / Alphabet X, Greyball, growth hacking, high-speed rail, hockey-stick growth, hydraulic fracturing, Hyperloop, initial coin offering, inventory management, Isaac Newton, Jeff Bezos, Joi Ito, Khan Academy, late fees, Lean Startup, Lyft, M-Pesa, Marc Andreessen, Marc Benioff, margin call, Mark Zuckerberg, Max Levchin, minimum viable product, move fast and break things, Network effects, Oculus Rift, oil shale / tar sands, PalmPilot, Paul Buchheit, Paul Graham, Peter Thiel, pre–internet, Quicken Loans, recommendation engine, ride hailing / ride sharing, Salesforce, Sam Altman, Sand Hill Road, Saturday Night Live, self-driving car, shareholder value, sharing economy, Sheryl Sandberg, Silicon Valley, Silicon Valley startup, Skype, smart grid, social graph, SoftBank, software as a service, software is eating the world, speech recognition, stem cell, Steve Jobs, subscription business, synthetic biology, Tesla Model S, thinkpad, three-martini lunch, transaction costs, transport as a service, Travis Kalanick, Uber for X, uber lyft, web application, winner-take-all economy, work culture , Y Combinator, yellow journalism

Before, individual waves would sweep through the economy one at a time—technologies like personal computers, disk drives, and CD-ROMs. Today, multiple major waves seem to be arriving simultaneously—technologies like the cloud, AI, AR/VR, not to mention more esoteric projects like supersonic planes and hyperloops. What’s more, rather than being concentrated narrowly in a personal computer industry that was essentially a niche market, today’s new technologies impact nearly every part of the economy, creating many new opportunities. This trend holds tremendous promise. Precision medicine will use computing power to revolutionize health care.

Seattle and Los Angeles also offer good quality-of-life benefits to individual professionals, since they are major cultural centers and popular tourist destinations, with less expensive housing markets than Silicon Valley (though hardly inexpensive). These ties will likely get even closer if the cities are connected via additional transportation links like high-speed rail or Elon’s proposed Hyperloop, or with the advent of self-driving cars, all of which would make travel and commuting between these cities and Silicon Valley faster and cheaper. Thus, LA and Seattle are becoming increasingly fertile grounds for entrepreneurship, and good places to set up a company that you are planning on blitzscaling.


pages: 292 words: 85,151

Exponential Organizations: Why New Organizations Are Ten Times Better, Faster, and Cheaper Than Yours (And What to Do About It) by Salim Ismail, Yuri van Geest

23andMe, 3D printing, Airbnb, Amazon Mechanical Turk, Amazon Web Services, anti-fragile, augmented reality, autonomous vehicles, Baxter: Rethink Robotics, behavioural economics, Ben Horowitz, bike sharing, bioinformatics, bitcoin, Black Swan, blockchain, Blue Ocean Strategy, book value, Burning Man, business intelligence, business process, call centre, chief data officer, Chris Wanstrath, circular economy, Clayton Christensen, clean water, cloud computing, cognitive bias, collaborative consumption, collaborative economy, commoditize, corporate social responsibility, cross-subsidies, crowdsourcing, cryptocurrency, dark matter, data science, Dean Kamen, deep learning, DeepMind, dematerialisation, discounted cash flows, disruptive innovation, distributed ledger, driverless car, Edward Snowden, Elon Musk, en.wikipedia.org, Ethereum, ethereum blockchain, fail fast, game design, gamification, Google Glasses, Google Hangouts, Google X / Alphabet X, gravity well, hiring and firing, holacracy, Hyperloop, industrial robot, Innovator's Dilemma, intangible asset, Internet of things, Iridium satellite, Isaac Newton, Jeff Bezos, Joi Ito, Kevin Kelly, Kickstarter, knowledge worker, Kodak vs Instagram, Law of Accelerating Returns, Lean Startup, life extension, lifelogging, loose coupling, loss aversion, low earth orbit, Lyft, Marc Andreessen, Mark Zuckerberg, market design, Max Levchin, means of production, Michael Milken, minimum viable product, natural language processing, Netflix Prize, NetJets, Network effects, new economy, Oculus Rift, offshore financial centre, PageRank, pattern recognition, Paul Graham, paypal mafia, peer-to-peer, peer-to-peer model, Peter H. Diamandis: Planetary Resources, Peter Thiel, Planet Labs, prediction markets, profit motive, publish or perish, radical decentralization, Ray Kurzweil, recommendation engine, RFID, ride hailing / ride sharing, risk tolerance, Ronald Coase, Rutger Bregman, Salesforce, Second Machine Age, self-driving car, sharing economy, Silicon Valley, skunkworks, Skype, smart contracts, Snapchat, social software, software is eating the world, SpaceShipOne, speech recognition, stealth mode startup, Stephen Hawking, Steve Jobs, Steve Jurvetson, subscription business, supply-chain management, synthetic biology, TaskRabbit, TED Talk, telepresence, telepresence robot, the long tail, Tony Hsieh, transaction costs, Travis Kalanick, Tyler Cowen, Tyler Cowen: Great Stagnation, uber lyft, urban planning, Virgin Galactic, WikiLeaks, winner-take-all economy, X Prize, Y Combinator, zero-sum game

Third, the idea should pass the “toothbrush test” originated by Larry Page: Does the idea solve a real customer problem or use case on a frequent basis? Is it something so useful that a user would go back to it several times a day? It is also possible to leverage a community or crowd to discover breakthrough ideas or new patterns of implementation. Elon Musk set an MTP for transforming transportation with his Hyperloop high-speed transportation idea. At the same time, he opened up the design and implementation of that idea to whoever wanted to take a crack at it. It may seem counterintuitive to delay the breakthrough idea several steps into the process. After all, legend holds that most startups begin with an explosive new idea that’s then applied to a problem space.

This is about conviction and passion on the one hand, and radical, unconventional, breakthrough ideas on the other. As Peter Diamandis is fond of saying, “The day before a major breakthrough, it is just a crazy idea.” To illustrate: In a recent conversation with Elon Musk, Salim asked Musk about his Hyperloop concept: “Elon, I have a background in physics and it seems impossible to accelerate humans to 1,000 kilometers an hour and then decelerate them to zero in such a short space of time. Have you thought about that?” Musk’s answer? “Yes, it’s an issue.” To a true entrepreneur, there are no impossibilities, just barriers to overcome.


pages: 359 words: 96,019

How to Turn Down a Billion Dollars: The Snapchat Story by Billy Gallagher

Airbnb, Albert Einstein, Amazon Web Services, AOL-Time Warner, Apple's 1984 Super Bowl advert, augmented reality, Bernie Sanders, Big Tech, Black Swan, citizen journalism, Clayton Christensen, computer vision, data science, disruptive innovation, Donald Trump, El Camino Real, Elon Musk, fail fast, Fairchild Semiconductor, Frank Gehry, gamification, gentrification, Google Glasses, Hyperloop, information asymmetry, Jeff Bezos, Justin.tv, Kevin Roose, Lean Startup, Long Term Capital Management, Mark Zuckerberg, Menlo Park, minimum viable product, Nelson Mandela, Oculus Rift, paypal mafia, Peter Thiel, power law, QR code, Robinhood: mobile stock trading app, Salesforce, Sand Hill Road, Saturday Night Live, Sheryl Sandberg, side project, Silicon Valley, Silicon Valley startup, skeuomorphism, Snapchat, social graph, SoftBank, sorting algorithm, speech recognition, stealth mode startup, Steve Jobs, TechCrunch disrupt, too big to fail, value engineering, Y Combinator, young professional

That may not seem like a big difference, but it’s an eternity for a company growing as fast as Snapchat was in 2013 (and Facebook in the 2000s). White had cut her teeth at the much larger and more established Google and Facebook; it was difficult for her to translate those experiences to the rapidly changing Snapchat, which had only fifty employees when she arrived. Once she left Snapchat, White joined the board of directors of Hyperloop Technologies, a startup trying to realize Elon Musk’s vision for a high-speed, tube-based transportation system. White also founded Mave, a high-end personal concierge startup in Santa Monica. White’s departure was made worse by the sheer number of high-level executives who left around the same time.

See YesJulz (Julieanna Goddard) Goldroom Goldwyn, Emily Good Luck America (election show) Google app revenue Googleplex IPO Los Angeles office privacy and Snapchat compared with user activity and See also Schmidt, Eric Google AdWords Google Circles Google Glass Google Maps Google Ventures Grande, Greg Green, Diane Greylock Partners group messaging Hamburger, Ellis Hamby, Peter Hastings, Reed Hatmaker, Taylor Hawkins, Billy Hazelbaker, Jill Hewlett-Packard Honan, Mat Hurley, Chad Hwang, Sharon Hwang, Steve Hyland, Sarah Hyperloop Technologies IBM Innovator’s Dilemma, The (Christensen) Instagram Arsenic and demographics of users Facebook purchase of Instagram Stories investors and funding launch of Snapchat compared with Snapcodes and Institutional Venture Partners Intel Interview, The (film) Intuit iOS James, Nicole Jenner, Kylie Jobs, Steve Jordan, David Starr Joss, Bob Jurgenson, Nathan Justin.tv (Justin Kan) Kan, Justin.


pages: 370 words: 97,138

Beyond: Our Future in Space by Chris Impey

3D printing, Admiral Zheng, Albert Einstein, Alfred Russel Wallace, AltaVista, Apollo 11, Apollo 13, Berlin Wall, Biosphere 2, Buckminster Fuller, built by the lowest bidder, butterfly effect, California gold rush, carbon-based life, Charles Lindbergh, Colonization of Mars, cosmic abundance, crowdsourcing, cuban missile crisis, dark matter, Dennis Tito, discovery of DNA, Doomsday Clock, Edward Snowden, Elon Musk, Eratosthenes, Great Leap Forward, Haight Ashbury, Hans Moravec, Hyperloop, I think there is a world market for maybe five computers, Isaac Newton, Jeff Bezos, Johannes Kepler, John von Neumann, Kickstarter, Kim Stanley Robinson, Late Heavy Bombardment, life extension, low earth orbit, Mahatma Gandhi, Marc Andreessen, Mars Rover, Mars Society, military-industrial complex, mutually assured destruction, Neal Stephenson, Neil Armstrong, Nick Bostrom, ocean acidification, Oculus Rift, operation paperclip, out of africa, Peter H. Diamandis: Planetary Resources, phenotype, private spaceflight, purchasing power parity, quantum entanglement, radical life extension, RAND corporation, Ray Kurzweil, RFID, Richard Feynman, Richard Feynman: Challenger O-ring, risk tolerance, Rubik’s Cube, Scaled Composites, Search for Extraterrestrial Intelligence, Searching for Interstellar Communications, seminal paper, Silicon Valley, skunkworks, Skype, Snow Crash, space junk, SpaceShipOne, Stephen Hawking, Steven Pinker, supervolcano, technological singularity, telepresence, telerobotics, the medium is the message, the scientific method, theory of mind, There's no reason for any individual to have a computer in his home - Ken Olsen, Virgin Galactic, VTOL, wikimedia commons, world market for maybe five computers, X Prize, Yogi Berra

Musk has a reputation as someone made of cold steel, so it’s not surprising that he’s the inspiration for Robert Downey Jr.’s depiction of Tony Stark in the Iron Man movies, the playboy inventor in a flying, weaponized suit.19 Musk has a lot in common with Richard Branson. Both are billionaires who like to take risks and challenge conventional wisdom. Both have made their mark in multiple transportation industries—Branson in rail, aviation, and space; Musk with electric cars, spacecraft, and his hyperloop aviation concept. They’re both committed philanthropists. But it’s hard to imagine Musk admitting to a debilitating weakness, as Branson did with his shyness, or getting up in drag to pay off a bet, as Branson did when he lost a bet with the boss of Air Asia and served as a stewardess on a charity flight from Perth to Kuala Lumpur in 2013.

., 53–57, 66, 98, 133, 161, 177–79, 179, 208, 224–28 space travel as profound and sublime experience for, 45, 53, 117, 122 speculation on future of, 93, 94, 204, 207–8, 215, 244–47, 248–63, 249 surpassed by technology, 258–59 threats to survival of, 94, 207–8, 244–47, 250, 259–62, 286, 293 timeline for past and future of, 248–50, 249 transforming moment for, 258–59 Huntsville, Ala., US Space and Rocket Center in, 48 Huygens, Christiaan, 163 Huygens probe, 53 hybrid cars, 96 hydrogen, 110, 156, 159, 161, 187, 219, 222 hydrogen bomb, 36 hydrosphere, 173 hyperloop aviation concept, 95 hypothermia, 251 hypothetical scenarios, 15–16 IBM, 213 Icarus Interstellar, 224 ice: on Europa, 125 on Mars, 163–65, 227 on Moon, 159–60 ice ages, 7–8 ice-penetrating robot, 98 IKAROS spacecraft, 184 imagination, 10, 14, 20 exploration and, 261–63 immortality, 259 implants, 206–7 inbreeding, 201–3 India, 159, 161 inflatable modules, 101–2 inflation theory, 255–57, 255 information, processing and storage of, 257–60 infrared telescopes, 190 Inspiration Mars, 170–71 Institute for Advanced Concepts, 280 insurance, for space travel, 106–7 International Academy of Astronautics, 152 International Geophysical Year (1957–1958), 37 International Institute of Air and Space Law, 199 International MicroSpace, 90 International Scientific Lunar Observatory, 157 International Space Station, 55, 64–65, 64, 71, 75, 91, 96, 100, 102, 142, 143, 144, 151, 153, 154, 159, 178–79, 179, 185, 272, 275 living conditions on, 116–17 as staging point, 148 supply runs to, 100–101, 104 International Space University, 90 International Traffic in Arms Regulation (ITAR), 105–6, 144 Internet: Congressional legislation on, 78, 144 development of, 76–77, 77, 94, 95, 271 erroneous predictions about, 213–14 limitations of, 66–67 robotics and, 206 space travel compared to, 76–80, 77, 80 Internet Service Providers (ISPs), 78 interstellar travel, 215–18 energy technology for, 219–24 four approaches to, 251–52 scale model for, 219 Intrepid rovers, 165 Inuit people, 120 Io, 53, 177 property rights on, 145 “iron curtain,” 35 Iron Man, 95 isolation, psychological impact of, 169–70 Jacob’s Ladder, 149 Jade Rabbit (“Yutu”), 139, 143, 161 Japan, 161, 273 Japan Aerospace Exploration Agency (JAXA), 184 Jefferson, Thomas, 224 Jemison, Mae, 224 jet engines, 69–70 Jet Propulsion Laboratory, 141 Johnson, Lyndon, 38, 42, 45, 158, 269 Johnson Space Center, 76, 104, 179, 206, 229, 269 see also Mission Control Jones, Stephanie Tubbs, 74 Joules per kilogram (MJ/kg), 219–20, 222 Journalist in Space program, 74 “junk” DNA, 10, 266 Juno probe, 228 Jupiter, 126, 127, 177, 217, 270 distance from Earth to, 50 moons of, 97, 125, 125 probes to, 51–52, 228 as uninhabitable, 125 Justin (robot), 178 Kaku, Michio, 253 Karash, Yuri, 65 Kardashev, Nikolai, 253 Kardashev scale, 253, 254, 258 Kármán line, 70, 70, 101 Kennedy, John F., 41–43, 45 Kepler, Johannes, 183 Kepler’s law, 127 Kepler spacecraft and telescope, 128, 128, 129–31, 218, 278 Khrushchev, Nikita, 42, 47 Kickstarter, 184 Killian, James, 38 Kline, Nathan, 205 Knight, Pete, 71 Komarov, Vladimir, 43, 108 Korean War, 141 Korolev, Sergei, 35, 37 Kraft, Norbert, 200 Krikalev, Sergei, 115 Kunza language, 119 Kurzweil, Ray, 94, 207, 259 Laika (dog), 47, 65, 269 Laliberté, Guy, 75 landings, challenges of, 51, 84–85, 170 Lang, Fritz, 28, 268 language: of cryptography, 291 emergence of, 15, 16 of Orcas, 190 in reasoning, 13 Lansdorp, Bas, 170–71, 198–99, 282 lasers, 223, 224, 225–26, 239 pulsed, 190, 243 last common ancestor, 6, 123, 265 Late Heavy Bombardment, 172 latency, 178 lava tubes, 160 legislation, on space, 39, 78, 90, 144, 145–47, 198–200 Le Guin, Ursula K., 236–37 Leonov, Alexey, 55 L’Garde Inc., 284 Licancabur volcano, 119 Licklider, Joseph Carl Robnett “Lick,” 76–78 life: appearance and evolution on Earth of, 172 artificial, 258 detection of, 216–18 extension of, 26, 207–8, 250–51, 259 extraterrestrial, see aliens, extraterrestrial intelligent, 190, 235, 241, 243, 258 requirements of habitability for, 122–26, 125, 129, 131–33, 241, 256–57 lifetime factor (L), 234–335 lift, in flight, 68–70, 83 lift-to-drag ratio, 83 light: from binary stars, 126 as biomarker, 217 Doppler shift of, 127 momentum and energy from, 183 speed of, 178, 228–29, 250, 251 waves, 66 Lindbergh, Charles, 30, 81–82, 90–91, 268 “living off the land,” 166, 200 logic, 14, 18 Long March, 141 Long March rockets, 113, 142, 143 Long Now Foundation, 293 Los Alamos, N.


pages: 385 words: 112,842

Arriving Today: From Factory to Front Door -- Why Everything Has Changed About How and What We Buy by Christopher Mims

air freight, Airbnb, Amazon Robotics, Amazon Web Services, Apollo 11, augmented reality, autonomous vehicles, big-box store, blue-collar work, Boeing 747, book scanning, business logic, business process, call centre, cloud computing, company town, coronavirus, cotton gin, COVID-19, creative destruction, data science, Dava Sobel, deep learning, dematerialisation, deskilling, digital twin, Donald Trump, easy for humans, difficult for computers, electronic logging device, Elon Musk, Frederick Winslow Taylor, fulfillment center, gentrification, gig economy, global pandemic, global supply chain, guest worker program, Hans Moravec, heat death of the universe, hive mind, Hyperloop, immigration reform, income inequality, independent contractor, industrial robot, interchangeable parts, intermodal, inventory management, Jacquard loom, Jeff Bezos, Jessica Bruder, job automation, John Maynard Keynes: Economic Possibilities for our Grandchildren, Joseph Schumpeter, Kaizen: continuous improvement, Kanban, Kiva Systems, level 1 cache, Lewis Mumford, lockdown, lone genius, Lyft, machine readable, Malacca Straits, Mark Zuckerberg, market bubble, minimum wage unemployment, Nomadland, Ocado, operation paperclip, Panamax, Pearl River Delta, planetary scale, pneumatic tube, polynesian navigation, post-Panamax, random stow, ride hailing / ride sharing, robot derives from the Czech word robota Czech, meaning slave, Rodney Brooks, rubber-tired gantry crane, scientific management, self-driving car, sensor fusion, Shenzhen special economic zone , Shoshana Zuboff, Silicon Valley, six sigma, skunkworks, social distancing, South China Sea, special economic zone, spinning jenny, standardized shipping container, Steve Jobs, supply-chain management, surveillance capitalism, TED Talk, the scientific method, Tim Cook: Apple, Toyota Production System, traveling salesman, Turing test, two-sided market, Uber and Lyft, Uber for X, uber lyft, Upton Sinclair, vertical integration, warehouse automation, warehouse robotics, workplace surveillance

But, as is the case in most ports in the world, the majority of containers that move into and out of the Port of Los Angeles are carried on the backs of trucks. However they will ultimately leave the port, most containers are carried into the container yard, the place where they idle between being taken off a ship and being put on some sort of intermodal transport, like a train or truck. (The Port of Hamburg is exploring using a Hyperloop, the ultrafast transport system proposed by Elon Musk, as a form of intermodal transport, but such a system would be hugely expensive and take decades to complete.) Not far from where the autostrads picked up their containers, they place them on the concrete a second time. Here, they’re picked up by a different sort of gantry crane, known as an automated stacking crane.

.), 17–18, 221 freight brokers and trucking companies, 134–39 Freud, Sigmund, 87 Frontline (PBS documentary series), 201 FTC (Federal Trade Commission), 168 fulfillment center, concept of, 169–70 “fulfillment center alley,” 217, 242, 245 Galetti, Beth, 237 Gallard, Robert, 114–18, 120–21, 125–26, 133, 134, 135 gantry cranes, 78–79 Gantt, Henry, and Gantt chart, 98 Gap, 168 Garcetti, Eric, 72 gemba walks, 227, 229 General Electric, 104, 204, 221–23 General Motors (GM), 8, 154, 177, 247 Generation Z, 235, 266 George, Rose, Ninety Percent of Everything, 113 George Mason University (VA), 263–66, 268 Germany: Autobahn, 130–32; Hamburg, port of, 79 gig economy, 91, 102 Gilbreth, Frank and Lillian, 89–90, 98, 102–4, 185; Cheaper by the Dozen (memoir by Gilbreth children, 1948), 89–90; The Psychology of Management (Lillian Gilbreth), 103 Gladwell, Malcolm, 97 GLONASS, 64 GM (General Motors), 8, 154, 177, 247 Goddard, Robert, 143–44 Google, 142, 153, 184, 204, 231 Google Classroom, 7 Google Maps, 50, 120, 123, 126, 283 Google smartphone, 16 Government Accountability Office, 240 GPS, 37, 59, 64, 118, 120, 143, 145–46, 217, 268 Great Depression, 250, 278 grooming, 83 Gross, Bill, 167 Grubhub, 266 Guendelsberger, Emily, On the Clock, 200, 202–3, 205, 208, 219, 220, 234 Guillet, León, 102 Gutelius, Beth, 233–35 Gyeongsangnam-do, South Korea (shipyard), 26 gyrocompass, electronic, 37, 42 Hagerstown, MD, FedEx sortation center in, 253–61 Hamburg, port of, 79 Hamilton, Tyler, 171–76, 179, 186, 205, 206 harbor pilots, 36–37, 47, 49, 50, 54–55, 58–61, 63, 65 Harper’s Weekly, 103 Hemingway, Ernest, 98 High-Ballin’ (film), 109 high-speed sorter, 190 Hitler, Adolf, 128, 130–31, 144, 145 HMPE (high-modulus polyethylene), 60 Hoffa, Jimmy and James P., 277 Hon Hai Precision Industry Co. (Foxconn), 17–18, 221 Hong Kong, as port, 40, 48 Hou, Xiaodi, 152, 153–54 hub-and-spoke model of delivery, 261–62 Hubei Province, China, 6 Hyperloop, 79 Hyundai Merchant Marine, 26 I Love Lucy (TV show), 191, 213 idle time, 74–76, 137–39, 268 ILWU (International Longshore and Warehouse Union), 69–74 immigrants and immigration, 94, 249 IMO (International Maritime Organization), 28–29 IMUs (inertial measurement units), 143–45, 147, 268 income inequality, 3, 74 Industrial Revolution, 91, 92, 94, 212, 214–15 injury.


pages: 193 words: 51,445

On the Future: Prospects for Humanity by Martin J. Rees

23andMe, 3D printing, air freight, Alfred Russel Wallace, AlphaGo, Anthropocene, Asilomar, autonomous vehicles, Benoit Mandelbrot, biodiversity loss, blockchain, Boston Dynamics, carbon tax, circular economy, CRISPR, cryptocurrency, cuban missile crisis, dark matter, decarbonisation, DeepMind, Demis Hassabis, demographic transition, Dennis Tito, distributed ledger, double helix, driverless car, effective altruism, Elon Musk, en.wikipedia.org, Geoffrey Hinton, global village, Great Leap Forward, Higgs boson, Hyperloop, Intergovernmental Panel on Climate Change (IPCC), Internet of things, James Webb Space Telescope, Jeff Bezos, job automation, Johannes Kepler, John Conway, Large Hadron Collider, life extension, mandelbrot fractal, mass immigration, megacity, Neil Armstrong, Nick Bostrom, nuclear winter, ocean acidification, off-the-grid, pattern recognition, precautionary principle, quantitative hedge fund, Ray Kurzweil, Recombinant DNA, Rodney Brooks, Search for Extraterrestrial Intelligence, sharing economy, Silicon Valley, smart grid, speech recognition, Stanford marshmallow experiment, Stanislav Petrov, stem cell, Stephen Hawking, Steven Pinker, Stuxnet, supervolcano, technological singularity, the scientific method, Tunguska event, uranium enrichment, Walter Mischel, William MacAskill, Yogi Berra

But if we had an ‘electronic chauffeur’ who could be trusted for the entire journey, many of us would prefer to travel by car and get door-to-door service. This would reduce demand for long-distance train routes—but at the same time provide an incentive for inventing novel forms of transport, such as intercity hyperloops. Best of all, of course, would be high-grade telecommunications that obviate the need for most nonleisure travel. The digital revolution generates enormous wealth for an elite group of innovators and for global companies, but preserving a healthy society will require redistribution of that wealth.


pages: 181 words: 52,147

The Driver in the Driverless Car: How Our Technology Choices Will Create the Future by Vivek Wadhwa, Alex Salkever

23andMe, 3D printing, Airbnb, AlphaGo, artificial general intelligence, augmented reality, autonomous vehicles, barriers to entry, benefit corporation, Bernie Sanders, bitcoin, blockchain, clean water, correlation does not imply causation, CRISPR, deep learning, DeepMind, distributed ledger, Donald Trump, double helix, driverless car, Elon Musk, en.wikipedia.org, epigenetics, Erik Brynjolfsson, gigafactory, Google bus, Hyperloop, income inequality, information security, Internet of things, job automation, Kevin Kelly, Khan Academy, Kickstarter, Law of Accelerating Returns, license plate recognition, life extension, longitudinal study, Lyft, M-Pesa, Mary Meeker, Menlo Park, microbiome, military-industrial complex, mobile money, new economy, off-the-grid, One Laptop per Child (OLPC), personalized medicine, phenotype, precision agriculture, radical life extension, RAND corporation, Ray Kurzweil, recommendation engine, Ronald Reagan, Second Machine Age, self-driving car, seminal paper, Silicon Valley, Skype, smart grid, stem cell, Stephen Hawking, Steve Wozniak, Stuxnet, supercomputer in your pocket, synthetic biology, Tesla Model S, The future is already here, The Future of Employment, Thomas Davenport, Travis Kalanick, Turing test, Uber and Lyft, Uber for X, uber lyft, uranium enrichment, Watson beat the top human players on Jeopardy!, zero day

This is part of the genius of Elon Musk as he develops Tesla: that his luxury company is rapidly moving downstream to become a mass-market player. Clearly, though, in the case of the Concorde, the conditions necessary for a futuristic disruption were not in place. They still are not, although some people are trying, including Musk himself, with his Hyperloop transportation project. Another anecdote from London: in 1990, a car service called Addison Lee launched to take a chunk out of the stagnant taxi market. The service allowed users to send an SMS message to call for the cab, and a software-driven, computerized dispatch system ensured that drivers would pick up the fare seeker anywhere in the city within minutes.1 This is, of course, the business model of Uber.


pages: 497 words: 150,205

European Spring: Why Our Economies and Politics Are in a Mess - and How to Put Them Right by Philippe Legrain

3D printing, Airbnb, Alan Greenspan, Asian financial crisis, bank run, banking crisis, barriers to entry, Basel III, battle of ideas, Berlin Wall, Big bang: deregulation of the City of London, book value, Boris Johnson, Bretton Woods, BRICs, British Empire, business cycle, business process, capital controls, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, Carmen Reinhart, Celtic Tiger, central bank independence, centre right, clean tech, collaborative consumption, collapse of Lehman Brothers, collective bargaining, corporate governance, creative destruction, credit crunch, Credit Default Swap, crony capitalism, Crossrail, currency manipulation / currency intervention, currency peg, debt deflation, Diane Coyle, disruptive innovation, Downton Abbey, Edward Glaeser, Elon Musk, en.wikipedia.org, energy transition, eurozone crisis, fear of failure, financial deregulation, financial engineering, first-past-the-post, Ford Model T, forward guidance, full employment, Gini coefficient, global supply chain, Great Leap Forward, Growth in a Time of Debt, high-speed rail, hiring and firing, hydraulic fracturing, Hyman Minsky, Hyperloop, immigration reform, income inequality, interest rate derivative, Intergovernmental Panel on Climate Change (IPCC), Irish property bubble, James Dyson, Jane Jacobs, job satisfaction, Joseph Schumpeter, Kenneth Rogoff, Kickstarter, labour market flexibility, labour mobility, land bank, liquidity trap, low interest rates, margin call, Martin Wolf, mittelstand, moral hazard, mortgage debt, mortgage tax deduction, North Sea oil, Northern Rock, offshore financial centre, oil shale / tar sands, oil shock, open economy, peer-to-peer rental, price stability, private sector deleveraging, pushing on a string, quantitative easing, Richard Florida, rising living standards, risk-adjusted returns, Robert Gordon, savings glut, school vouchers, self-driving car, sharing economy, Silicon Valley, Silicon Valley startup, Skype, smart grid, smart meter, software patent, sovereign wealth fund, Steve Jobs, The Death and Life of Great American Cities, The Wealth of Nations by Adam Smith, too big to fail, total factor productivity, Tyler Cowen, Tyler Cowen: Great Stagnation, working-age population, Zipcar

Bypassing banks by creating a credit market for lending to smaller businesses would also help, an idea advocated by Adam Posen, a former member of the Bank of England’s monetary-policy committee and now the president of the Peterson Institute for International Economics, the world’s top think-tank on such matters.439 A new British Investment Bank could finance productive investment – for example, much-needed infrastructure improvements – and provide credit to smaller businesses, as the European Investment Bank does.440 Britain needs better roads, more underpasses and bridges, a high-speed railway network, new Tube (metro) lines and a second Crossrail in London, greater airport capacity in the south-east of England, modernised ports, new power plants, a smart electricity grid, broadband infrastructure, water reservoirs – why not maglev trains and a Hyperloop to boot?441 Unfortunately, the government has so far failed to take advantage of this once-in-a-generation opportunity to borrow cheaply, invest and promote a healthy, investment-led recovery. Instead, it has prompted debt-laden households to start spending again by stoking up yet another housing bubble.

We need more people like Elon Musk, a South-African-born entrepreneur. After making billions in the US from PayPal, the online payments system, he didn’t rest on his laurels. He founded Tesla, which makes fantastic (and profitable) electric cars. He set up SpaceX, a space travel company. Now he wants to build a Hyperloop – basically a solar-powered maglev train in a vacuum tube that would whisk passengers along at 760 miles (1,220 kilometres) an hour, three times faster than a high-speed train, and cost ten times less to build.705 Gloomsters argue that technological progress is grinding to a halt. The low-hanging fruit have all been picked, argues Tyler Cowen in The Great Stagnation.706 Nothing can ever compare to the great leap forward ushered in by electricity and other advances during the second wave of the Industrial Revolution between 1870 and 1900, such as cars, running water, petroleum and chemicals, claims Robert Gordon of Northwestern University.707 “Many of the original and spin-off inventions of IR #2 could happen only once – urbanisation, transportation speed, the freedom of females from the drudgery of carrying tons of water per year, and the role of central heating and air conditioning in achieving a year-round constant temperature.”


pages: 558 words: 175,965

When the Heavens Went on Sale: The Misfits and Geniuses Racing to Put Space Within Reach by Ashlee Vance

"Peter Beck" AND "Rocket Lab", 3D printing, Airbnb, autonomous vehicles, barriers to entry, Biosphere 2, bitcoin, Burning Man, Charles Lindbergh, cloud computing, Colonization of Mars, COVID-19, cryptocurrency, deepfake, disinformation, Elon Musk, Ernest Rutherford, fake it until you make it, Google Earth, hacker house, Hyperloop, intentional community, Iridium satellite, James Webb Space Telescope, Jeff Bezos, Kwajalein Atoll, lockdown, low earth orbit, Maui Hawaii, McMansion, Menlo Park, Mikhail Gorbachev, new economy, off-the-grid, overview effect, Peter Thiel, Planet Labs, private spaceflight, Rainbow Mansion, risk tolerance, Ronald Reagan, self-driving car, side project, Silicon Valley, Silicon Valley startup, skunkworks, SoftBank, South China Sea, South of Market, San Francisco, SpaceX Starlink, Stephen Hawking, Steve Jobs, Steve Jurvetson, Steve Wozniak, Strategic Defense Initiative, synthetic biology, tech billionaire, TikTok, Virgin Galactic

Flanagan had grown up in Virginia and earned degrees in mechanical and civil engineering from Montana State University. He’d done some hands-on engineering work after school before landing a job at Firefly Space Systems in Austin. After working there for a year, he went to a start-up that was trying to build a version of Elon Musk’s Hyperloop high-speed transport system. Then he wound up at Astra, too. From time to time, Martin would fall out with Chris Kemp or with the idea of working at Astra and retreat to Texas to spend a few weeks—or sometimes a few months—with his family. That opened up opportunities for Flanagan to take over a lot of the testing and launch infrastructure projects.

See Schingler, Jessy Kate (née Cowan-Sharp) Crawford, James, 122 Cube of Learning (Beck; sculpture), 149 CubeSat, 92, 93–94 Cupid, 438 Cyclone-4 rocket, 445 Dangerous Sports Club, 54 DARPA (Defense Advanced Research Projects Agency), 37–39, 116, 195–196, 199, 202, 285, 369–370, 374–375 deep-space exploration, 490 Defense Advanced Research Projects Agency (DARPA), 37–39, 116, 195–196, 199, 202, 285, 369–370, 374–375 Dell, Michael, 410n Delphin engine, 370 Delta Clipper, 47 differential drag, 32, 109 DirectTV, 443n DISCOVERER, 116 diversity, lack of, 287, 288 D’Mello, Shaun, 215, 219, 231 Dnipropetrovsk (Dnipro), 438–443, 444, 447–448, 450 Dotcom, Kim, 138 Doves (satellites), 27, 31–32, 96, 103–106, 109–110, 227, 396 Dragon capsule, 327 EchoStar, 443n Edwards Air Force Base, 173, 412 Electron rocket concept for, 139, 209 construction of, 140–141 first launch and, 226–227 flight frequency of, 16 kick stage for, 230–231 launch challenges and, 214–218, 220–221 Markusic and, 424 Planet Labs and, 107 reusability and, 490 schedule and, 224 second launch and, 227–228 size comparison of, 395 success of, 337–338, 365, 369 third launch of, 238–241 work on, 209–213 Elizabeth II, Queen, 84 Energia rocket, 437 English, Christa, 410, 411, 417, 419, 424, 465 EOS Data Analytics, 433 Escapia, 59, 273 European Space Agency, 83 Eveleth, Decker, 112–115, 119 expected casualty analysis, 345 Expedia, 273 FAA, 330–331, 332, 336, 343, 345 Falcon 1, 2–13, 16, 20, 38, 40, 56, 188, 208, 397, 415, 419, 426 Falcon 9, 12, 141, 395, 428, 490 Farrant, Ben, 289–290, 370, 391 Fay, Michael, 190–192, 193, 203, 216–217 Federal Communications Commission, 131 Ferraro, Matthew, 101 Firefly Aerospace Astra and, 493 delays and, 466–467 first launch and, 479 founding of, 404–405 funding and, 455, 464–465, 470–471, 475 goals of, 402, 403–404 increase rocket size and, 455 launch license denial and, 472, 485 Polyakov and, 434–436, 457–458 Polyakov’s ouster and, 484–486 setbacks for, 458–459 SpaceX and, 403 success of, 486 in Ukraine, 448–450 value of, 476 Firefly Farm, 466 Firefly Space Systems advantages for, 208 bankruptcy of, 429, 433–434 founding of, 423–427 funding and, 428–430 goals of, 207, 427 launch vehicles of, 395 Martin and, 356 Polyakov and, 433–434 Rocket Lab and, 214, 230 US government agreement and, 456 Vandenberg Air Force Base and, 460–464 Fisher & Paykel, 154–157, 159, 161, 163, 165 Five Eyes intelligence-sharing group, 222 Flanagan, Matthew, 339, 356–362, 391 Fleet Space Technologies, 238–239 Fleming, Shane, 218 flight termination systems, 225, 227, 286, 344–345 Flirt, 438 4D, 274–275, 489 FuckedCompany.com, 274 Gamma, 426 Garcia, Ian, 290, 329 Garver, Lori, 67 Gates, Bill, 387, 388 Gemini mission, 42 Gentile, Bryson, 311–314, 317, 379 geolocation data, 125–126 Gies, Bill, 287–288, 338–340, 391 Gillies, Daniel, 234n Gillmore, Chester, 108 Goddard, Robert, 145 Google Ames Research Center and, 58, 61, 64–65 Google Earth, 120 Google Maps, 120 Google Mars, 64, 276 Google Moon, 64–65, 276 PhoneSat project and, 93 Skybox Imaging and, 111n Gorbachev, Mikhail, 47n GPS chips, 303 Grassley, Chuck, 68 Great Mercury Island, 190–191, 202–203 Griffin, Michael, 43, 54, 59 Guiana Space Center, 397 hacker houses, 73 Halley’s Comet, 153–154 Hawking, Stephen, 86 HitDynamics, 438 Hofmann, Chris, 338–339, 346, 350, 379, 382, 391 Holicity, 387 HomeAway, 273 Hopkins, Anthony, 148 Houghton, Samuel, 199–201 Howard, Ben, 101, 103, 106, 488 Hubble Space Telescope, 43 Humanity Star, 227–228 Hundley, Lucas, 281–282 Hydra, 447 hydrogen peroxide, 159–161 Hyperloop, 356 ICBM factory in Dnipro, 440, 444 image analysts, 118–119 imaging satellites, 98–99 India Pakistan and, 123–124 space program in, 27–28 Indian Space Research Organisation (ISRO), 27, 29–30 Industrial Research Limited (IRL), 169–171, 179, 181, 184 Industrial Revolution, 145 Ingels, Bjarke, 312 Instant Eyes project, 195–196, 199–201 International Astronautical Congress, 49, 86 International Space Station (ISS), 13, 105, 107, 436 International Space University, 66, 86–87 International Talk like a Pirate Day, 79 International Traffic in Arms Regulations (ITAR), 66, 233–234 internet service, satellites and, 14, 18, 128–130, 487–488 Intimidator 5, 91 ion thrusters, 450 Iridium, 129, 388 Israel Defense Forces, 119 ITAR (International Traffic in Arms Regulations), 66 jade, 149 James, Deborah Lee, 475 James Webb Space Telescope, 327 Jazayeri, Mike, 365n Jet Propulsion Laboratory (JPL), 43, 85, 174–175 Jobs, Steve, 63 Jornales, Rose, 286–287, 391 Joyce, Steven, 221, 223 Judson, Mike, 290–291, 307, 317, 318, 324 Jurvetson, Steve, 91, 102, 104n, 105, 488 Keeter, Milton, 330–331, 332, 338–340, 343–346, 391 Kelly, Isaac, 326, 338–342, 391 Kemp, Chris Ames Research Center and, 59–61, 276 Astra going public and, 385, 387–388, 390–391 Beck and, 365–366 Brockert and, 292 budget issues and, 326 Burning Man and, 253–254 company name and, 294–295 “Dawn of Space” party and, 295–296 engine tests and, 282–283, 307 financial issues and, 370–372, 374, 378, 381–382 funding and, 296–297, 365, 366, 383 goals of, 309–310, 384 Google and, 64–65 on himself, 267–277 Jessy Kate and, 324–325 Judson and, 291n launch attempts and, 316, 361, 376, 380, 382–383, 393 launch delays and, 334 launch failures and, 336, 337, 347, 349, 350–354, 364 launch locations and, 280, 304 launch preparations and, 331–333 life advice from, 308 living arrangements of, 102n loss of driver’s license and, 297–299 Lyon and, 390 Marshall and, 85 Martin and, 356, 357–358 media attention and, 317 moving rocket and, 305, 306 Open Lunar Foundation and, 488 OpenStack and, 250–253 Polyakov and, 468–469 Rainbow Mansion and, 72–73 recent work of, 489, 492–493 Rocket Lab and, 338 security and, 301 simplicity of design and, 279 Skyhawk space and, 310–314, 367–369 status meetings and, 281 Stealth Space Company and, 260–263, 265 Thompson and, 348–349 transparency of, 394 Ventions LLC and, 250, 257–258 Whitesides and, 423 Kennedy, Fred, 13, 37–38 Kennedy Space Center, 174 Kessler syndrome, 131 Key, John, 220, 221, 222, 223 Khosla Ventures, 206–207, 209, 214 Khrushchev, Nikita, 440 King, P.


pages: 401 words: 93,256

Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life by Rory Sutherland

"World Economic Forum" Davos, 3D printing, Alfred Russel Wallace, barriers to entry, basic income, behavioural economics, Black Swan, Brexit referendum, butterfly effect, California gold rush, call centre, Captain Sullenberger Hudson, Cass Sunstein, cognitive dissonance, confounding variable, Daniel Kahneman / Amos Tversky, Dava Sobel, delayed gratification, Donald Trump, double helix, Downton Abbey, driverless car, Easter island, Edward Jenner, Elon Musk, Firefox, Ford Model T, General Magic , George Akerlof, gig economy, Google Chrome, Google X / Alphabet X, Grace Hopper, Hyperloop, Ignaz Semmelweis: hand washing, IKEA effect, information asymmetry, it is difficult to get a man to understand something, when his salary depends on his not understanding it, James Dyson, John Harrison: Longitude, loss aversion, low cost airline, Mason jar, Murray Gell-Mann, nudge theory, Peter Thiel, placebo effect, race to the bottom, Richard Feynman, Richard Thaler, Rory Sutherland, shareholder value, Silicon Valley, social intelligence, Steve Jobs, supply-chain management, systems thinking, TED Talk, the map is not the territory, The Market for Lemons, The Wealth of Nations by Adam Smith, ultimatum game, universal basic income, Upton Sinclair, US Airways Flight 1549, Veblen good, work culture

The argument for X is that the major advances in human civilisation have come from things that, rather than resulting in modest improvement, were game-changers – steam power versus horse power, train versus canal, electricity versus gaslight. I hope X is successful but think that their engineers will find it difficult. We are now, in many cases, competing with the laws of physics. The scramjet or the hyperloop* might be potential moonshots, but making land- or air-travel-speeds so much faster is a really hard problem – and comes with unforeseen dangers.* By contrast, I think ‘psychological moonshots’ are comparatively easy. Making a train journey 20 per cent faster might cost hundreds of millions, but making it 20 per cent more enjoyable may cost almost nothing.


pages: 278 words: 91,332

Carmageddon: How Cars Make Life Worse and What to Do About It by Daniel Knowles

active transport: walking or cycling, autonomous vehicles, Bandra-Worli Sea Link, bank run, big-box store, bike sharing, Boeing 747, Boris Johnson, business cycle, car-free, carbon footprint, congestion charging, congestion pricing, coronavirus, COVID-19, Crossrail, decarbonisation, deindustrialization, Detroit bankruptcy, Donald Shoup, Donald Trump, driverless car, Elaine Herzberg, Elon Musk, first-past-the-post, Ford Model T, Frank Gehry, garden city movement, General Motors Futurama, gentrification, ghettoisation, high-speed rail, housing crisis, Hyperloop, Induced demand, James Watt: steam engine, Jane Jacobs, Jeremy Corbyn, Jevons paradox, Lewis Mumford, lockdown, Lyft, megacity, megastructure, New Urbanism, Northern Rock, parking minimums, Piers Corbyn, Richard Florida, ride hailing / ride sharing, safety bicycle, self-driving car, Silicon Valley, Southern State Parkway, Steve Jobs, TED Talk, Tesla Model S, The Death and Life of Great American Cities, the High Line, Traffic in Towns by Colin Buchanan, Uber and Lyft, uber lyft, upwardly mobile, urban planning, urban renewal, walkable city, white flight, white picket fence, Yom Kippur War, young professional

It is amazing to think that for decades, cars, not people, had priority on the banks of the Seine. I went to Paris to get a sense of somewhere that is managing to break the mold on car dependency. Because what Paris shows is that you can change transport a lot by introducing technology. Not, however, fancy new technology like self-driving cars or hyperloops. Actually the technology that Paris is using to transform itself is rather old: the humble bicycle. The key benefit of closing roads to cars in Paris has come from the fact that they are reopened to people on bikes. And that has the power to radically transform cities for the better. When the roads closed, many feared that the result would be backed up traffic elsewhere in the city.


pages: 441 words: 96,534

Streetfight: Handbook for an Urban Revolution by Janette Sadik-Khan

autonomous vehicles, bike sharing, Boris Johnson, business cycle, call centre, car-free, carbon footprint, clean water, congestion charging, congestion pricing, Cornelius Vanderbilt, crowdsourcing, digital map, Donald Shoup, edge city, Edward Glaeser, en.wikipedia.org, Enrique Peñalosa, fixed-gear, gentrification, high-speed rail, Hyperloop, Induced demand, Jane Jacobs, Lewis Mumford, Loma Prieta earthquake, Lyft, megaproject, New Urbanism, off-the-grid, place-making, self-driving car, sharing economy, the built environment, The Death and Life of Great American Cities, the High Line, transportation-network company, Uber and Lyft, uber lyft, urban decay, urban planning, urban renewal, urban sprawl, walkable city, white flight, Works Progress Administration, Zipcar

Certainly no people walking or biking. And fast, reliable, or demand-based buses would truly be science fiction or a doomed ride, like Keanu Reeves in Speed. A dazzling transit dream for many cities still conjures images of a modern, driverless metro, high-speed monorails, and maybe high-speed rail or hyperloop connecting major cities. In The Simpsons, a shyster sells the residents of Springfield on a monorail system before absconding with the city’s money. What is it about monorails that prompts people to bring them up in community meetings as potential panaceas for transportation problems? Monorails are what we thought the future would be like at the 1964 World’s Fair.


pages: 296 words: 98,018

Winners Take All: The Elite Charade of Changing the World by Anand Giridharadas

"Friedman doctrine" OR "shareholder theory", "World Economic Forum" Davos, activist lawyer, affirmative action, Airbnb, benefit corporation, Bernie Sanders, bitcoin, Black Lives Matter, Boeing 747, Brexit referendum, Burning Man, Capital in the Twenty-First Century by Thomas Piketty, carried interest, cognitive dissonance, collective bargaining, corporate raider, corporate social responsibility, critical race theory, crowdsourcing, David Brooks, David Heinemeier Hansson, deindustrialization, disintermediation, do well by doing good, Donald Trump, Edward Snowden, Elon Musk, fake it until you make it, fake news, food desert, friendly fire, gentrification, global pandemic, high net worth, hiring and firing, housing crisis, Hyperloop, impact investing, income inequality, independent contractor, invisible hand, Jeff Bezos, Kevin Roose, Kibera, Kickstarter, land reform, Larry Ellison, Lyft, Marc Andreessen, Mark Zuckerberg, microaggression, new economy, Occupy movement, offshore financial centre, opioid epidemic / opioid crisis, Panopticon Jeremy Bentham, Parag Khanna, Paul Graham, Peter Thiel, plutocrats, profit maximization, public intellectual, risk tolerance, rolodex, Ronald Reagan, shareholder value, sharing economy, Sheryl Sandberg, side hustle, side project, Silicon Valley, Silicon Valley billionaire, Silicon Valley startup, Skype, social distancing, Social Responsibility of Business Is to Increase Its Profits, Steven Pinker, systems thinking, tech baron, TechCrunch disrupt, technoutopianism, TED Talk, The Chicago School, The Fortune at the Bottom of the Pyramid, the High Line, The Wealth of Nations by Adam Smith, Thomas L Friedman, too big to fail, Travis Kalanick, trickle-down economics, Two Sigma, Uber and Lyft, uber lyft, Upton Sinclair, Vilfredo Pareto, Virgin Galactic, work culture , working poor, zero-sum game

And the entrepreneurs at Summit at Sea knew that a VC like Pishevar, whose firm was called Sherpa Ventures, was in a position, should he so choose, to guide any of them to the mountaintop. This knowledge helped explain the crush of bodies that had come to see Pishevar’s talk, titled “All Aboard the Hyperloop: Supersonic Storytelling with VC Shervin Pishevar.” People were curled up on armchairs and sofas; some sat and others lay down on the ground; still others hovered above, ringed a few deep around a balcony on the eighth floor, peering down. The crowd was listening in rapt, reverent silence. What they heard was a powerful man who seemed at pains to explain his power away and to cast himself as a man in pursuit of things nobler than money.


Falter: Has the Human Game Begun to Play Itself Out? by Bill McKibben

"Hurricane Katrina" Superdome, 23andMe, Affordable Care Act / Obamacare, Airbnb, Alan Greenspan, American Legislative Exchange Council, An Inconvenient Truth, Anne Wojcicki, Anthropocene, Apollo 11, artificial general intelligence, Bernie Sanders, Bill Joy: nanobots, biodiversity loss, Burning Man, call centre, Cambridge Analytica, carbon footprint, carbon tax, Charles Lindbergh, clean water, Colonization of Mars, computer vision, CRISPR, David Attenborough, deep learning, DeepMind, degrowth, disinformation, Donald Trump, double helix, driverless car, Easter island, Edward Snowden, Elon Musk, ending welfare as we know it, energy transition, Extinction Rebellion, Flynn Effect, gigafactory, Google Earth, Great Leap Forward, green new deal, Greta Thunberg, Hyperloop, impulse control, income inequality, Intergovernmental Panel on Climate Change (IPCC), James Bridle, Jane Jacobs, Jaron Lanier, Jeff Bezos, job automation, Kim Stanley Robinson, life extension, light touch regulation, Mark Zuckerberg, mass immigration, megacity, Menlo Park, moral hazard, Naomi Klein, Neil Armstrong, Nelson Mandela, Nick Bostrom, obamacare, ocean acidification, off grid, oil shale / tar sands, paperclip maximiser, Paris climate accords, pattern recognition, Peter Thiel, plutocrats, profit motive, Ralph Waldo Emerson, Ray Kurzweil, Robert Mercer, Ronald Reagan, Sam Altman, San Francisco homelessness, self-driving car, Silicon Valley, Silicon Valley startup, smart meter, Snapchat, stem cell, Stephen Hawking, Steve Jobs, Steve Wozniak, Steven Pinker, strong AI, supervolcano, tech baron, tech billionaire, technoutopianism, TED Talk, The Wealth of Nations by Adam Smith, traffic fines, Tragedy of the Commons, Travis Kalanick, Tyler Cowen, urban sprawl, Virgin Galactic, Watson beat the top human players on Jeopardy!, Y Combinator, Y2K, yield curve

Vanity Fair, in 2016, declared that Ayn Rand was “perhaps the most influential figure in the tech industry.” Steve Wozniak (cofounder of Apple) said that Steve Jobs (deity) considered Atlas Shrugged one of his guides in life.3 Elon Musk (also a deity, and straight out of a Rand novel, with his rockets and hyperloops and wild cars) says Rand “has a fairly extreme set of views, but she has some good points in there.”4 That’s as faint as the praise gets. Travis Kalanick, who founded Uber, used the cover of The Fountainhead as his Twitter avatar. Peter Thiel, a cofounder of PayPal and an early investor in Facebook, once launched a mission to develop a floating city, a “sea-stead” that would be a politically autonomous city-state where national governments would have no sway.5 Some of Silicon Valley’s antigovernment sentiment is old, or at least as old as anything can be in Silicon Valley.


pages: 337 words: 100,260

British Rail by Christian Wolmar

accounting loophole / creative accounting, airport security, Beeching cuts, book value, Boris Johnson, COVID-19, driverless car, full employment, glass ceiling, high-speed rail, Hyperloop, Kaizen: continuous improvement, Kickstarter, vertical integration, éminence grise

They airily dismissed any doubts about the ability of tunnels to accommodate road traffic, suggesting that coaches, in particular, would be able to speed along these dedicated highways. Much as today’s media laps up outlandish notions of congestion-busting and safety-enhancing new forms of transport, such as driverless cars, delivery by drone and hyperloops, coverage of the Conversion League was remarkably uncritical. A failure to ask searching questions of its promoters resulted in the concept being picked up by a handful of serious and influential players. In particular, Peter Hall, a media-savvy professor of geography at Reading University, who later became a nationally respected authority on planning, expressed support for the concept.


pages: 903 words: 235,753

The Stack: On Software and Sovereignty by Benjamin H. Bratton

1960s counterculture, 3D printing, 4chan, Ada Lovelace, Adam Curtis, additive manufacturing, airport security, Alan Turing: On Computable Numbers, with an Application to the Entscheidungsproblem, algorithmic trading, Amazon Mechanical Turk, Amazon Robotics, Amazon Web Services, Andy Rubin, Anthropocene, augmented reality, autonomous vehicles, basic income, Benevolent Dictator For Life (BDFL), Berlin Wall, bioinformatics, Biosphere 2, bitcoin, blockchain, Buckminster Fuller, Burning Man, call centre, capitalist realism, carbon credits, carbon footprint, carbon tax, carbon-based life, Cass Sunstein, Celebration, Florida, Charles Babbage, charter city, clean water, cloud computing, company town, congestion pricing, connected car, Conway's law, corporate governance, crowdsourcing, cryptocurrency, dark matter, David Graeber, deglobalization, dematerialisation, digital capitalism, digital divide, disintermediation, distributed generation, don't be evil, Douglas Engelbart, Douglas Engelbart, driverless car, Edward Snowden, Elon Musk, en.wikipedia.org, Eratosthenes, Ethereum, ethereum blockchain, Evgeny Morozov, facts on the ground, Flash crash, Frank Gehry, Frederick Winslow Taylor, fulfillment center, functional programming, future of work, Georg Cantor, gig economy, global supply chain, Google Earth, Google Glasses, Guggenheim Bilbao, High speed trading, high-speed rail, Hyperloop, Ian Bogost, illegal immigration, industrial robot, information retrieval, Intergovernmental Panel on Climate Change (IPCC), intermodal, Internet of things, invisible hand, Jacob Appelbaum, James Bridle, Jaron Lanier, Joan Didion, John Markoff, John Perry Barlow, Joi Ito, Jony Ive, Julian Assange, Khan Academy, Kim Stanley Robinson, Kiva Systems, Laura Poitras, liberal capitalism, lifelogging, linked data, lolcat, Mark Zuckerberg, market fundamentalism, Marshall McLuhan, Masdar, McMansion, means of production, megacity, megaproject, megastructure, Menlo Park, Minecraft, MITM: man-in-the-middle, Monroe Doctrine, Neal Stephenson, Network effects, new economy, Nick Bostrom, ocean acidification, off-the-grid, offshore financial centre, oil shale / tar sands, Oklahoma City bombing, OSI model, packet switching, PageRank, pattern recognition, peak oil, peer-to-peer, performance metric, personalized medicine, Peter Eisenman, Peter Thiel, phenotype, Philip Mirowski, Pierre-Simon Laplace, place-making, planetary scale, pneumatic tube, post-Fordism, precautionary principle, RAND corporation, recommendation engine, reserve currency, rewilding, RFID, Robert Bork, Sand Hill Road, scientific management, self-driving car, semantic web, sharing economy, Silicon Valley, Silicon Valley ideology, skeuomorphism, Slavoj Žižek, smart cities, smart grid, smart meter, Snow Crash, social graph, software studies, South China Sea, sovereign wealth fund, special economic zone, spectrum auction, Startup school, statistical arbitrage, Steve Jobs, Steven Levy, Stewart Brand, Stuxnet, Superbowl ad, supply-chain management, supply-chain management software, synthetic biology, TaskRabbit, technological determinism, TED Talk, the built environment, The Chicago School, the long tail, the scientific method, Torches of Freedom, transaction costs, Turing complete, Turing machine, Turing test, undersea cable, universal basic income, urban planning, Vernor Vinge, vertical integration, warehouse automation, warehouse robotics, Washington Consensus, web application, Westphalian system, WikiLeaks, working poor, Y Combinator, yottabyte

., directed by Morgan Neville and Harry Pallenberg (King Pictures, 1995). 50.  Reyner Banham Loves Los Angeles, directed by Reyner Banham (1972). 51.  Benjamin H. Bratton, “iPhone City (v.2008),” in Digital Cities AD: Architectural Design 79, no. 4 (2009): 90–97. 52.  Elon Musk and SpaceX, “Hyperloop Alpha,” August 12, 2013, http://www.spacex.com/sites/spacex/files/hyperloop_alpha-20130812.pdf. 53.  Vicky Validakis, “Rio's Driverless Trucks Move 100 Million Tonnes,” Australian Mining, April 24, 2013, http://www.miningaustralia.com.au/news/rio-s-driverless-trucks-move-100-million-tonnes. 54.  Bruno Latour, Aramis, or the Love of Technology (Cambridge, MA: Harvard University Press, 1993). 55. 


pages: 334 words: 104,382

Brotopia: Breaking Up the Boys' Club of Silicon Valley by Emily Chang

"Margaret Hamilton" Apollo, "Susan Fowler" uber, "World Economic Forum" Davos, 23andMe, 4chan, Ada Lovelace, affirmative action, Airbnb, Alan Greenspan, Andy Rubin, Apollo 11, Apple II, augmented reality, autism spectrum disorder, autonomous vehicles, barriers to entry, Benchmark Capital, Bernie Sanders, Big Tech, Burning Man, California gold rush, Chuck Templeton: OpenTable:, clean tech, company town, data science, David Brooks, deal flow, Donald Trump, Dr. Strangelove, driverless car, Elon Musk, emotional labour, equal pay for equal work, fail fast, Fairchild Semiconductor, fake news, Ferguson, Missouri, game design, gender pay gap, Google Glasses, Google X / Alphabet X, Grace Hopper, Hacker News, high net worth, Hyperloop, imposter syndrome, Jeff Bezos, job satisfaction, Khan Academy, Lyft, Marc Andreessen, Mark Zuckerberg, Mary Meeker, Maui Hawaii, Max Levchin, Menlo Park, meritocracy, meta-analysis, microservices, Parker Conrad, paypal mafia, Peter Thiel, post-work, pull request, reality distortion field, Richard Hendricks, ride hailing / ride sharing, rolodex, Salesforce, Saturday Night Live, shareholder value, Sheryl Sandberg, side project, Silicon Valley, Silicon Valley startup, Skype, Snapchat, Steve Jobs, Steve Jurvetson, Steve Wozniak, Steven Levy, subscription business, Susan Wojcicki, tech billionaire, tech bro, tech worker, TED Talk, Tim Cook: Apple, Travis Kalanick, uber lyft, women in the workforce, Zenefits

A person with firsthand knowledge of Pishevar’s behavior toward Geidt confirmed the holiday party account. Though Geidt declined to comment when the story broke, it’s clear Pishevar was in a position of power. He had recently co-founded his own venture fund, Sherpa Capital, and the futuristic tube transportation company Hyperloop One. Pishevar, through his lawyer, denied the allegation and told Bloomberg that he and Geidt always maintained a “friendly, professional relationship.” His representatives also directed us to speak with someone else who had attended the party, and asked not to be named, who claimed that Pishevar couldn’t have touched anyone that night because he had a drink in one hand and the pony leash in the other.


pages: 353 words: 106,704

Choked: Life and Breath in the Age of Air Pollution by Beth Gardiner

barriers to entry, Boris Johnson, call centre, carbon footprint, clean water, connected car, Crossrail, deindustrialization, Donald Trump, Elon Musk, epigenetics, Exxon Valdez, failed state, Hyperloop, index card, Indoor air pollution, Mahatma Gandhi, megacity, meta-analysis, rolling blackouts, Ronald Reagan, self-driving car, Silicon Valley, Skype, statistical model, Steve Jobs, TED Talk, white picket fence

One observer, recalling an investor’s description of Silicon Valley as “a lot of big minds chasing small ideas,” said that for all his flaws, Musk’s “mind and ideas are big ones.”33 A provocateur who is often too eager to pick fights, he is an imperfect messenger for the new industries he champions. And some of his ideas sound outlandish—a colony on Mars; high-speed travel through underground “hyperloops.” But he’s made more progress than many expected toward achieving some of them. SolarCity is his bid to expand clean power use, Powerwall his push for the batteries that make renewables reliable. With Tesla, he wants to remake transportation, and he bet—correctly—that he could beat a vast but moribund industry to it.


pages: 387 words: 106,753

Why Startups Fail: A New Roadmap for Entrepreneurial Success by Tom Eisenmann

Airbnb, Atul Gawande, autonomous vehicles, Ben Horowitz, Big Tech, bitcoin, Blitzscaling, blockchain, call centre, carbon footprint, Checklist Manifesto, clean tech, conceptual framework, coronavirus, corporate governance, correlation does not imply causation, COVID-19, crowdsourcing, Daniel Kahneman / Amos Tversky, data science, Dean Kamen, drop ship, Elon Musk, fail fast, fundamental attribution error, gig economy, growth hacking, Hyperloop, income inequality, initial coin offering, inventory management, Iridium satellite, Jeff Bezos, Jeff Hawkins, Larry Ellison, Lean Startup, Lyft, Marc Andreessen, margin call, Mark Zuckerberg, minimum viable product, Network effects, nuclear winter, Oculus Rift, PalmPilot, Paul Graham, performance metric, Peter Pan Syndrome, Peter Thiel, reality distortion field, Richard Thaler, ride hailing / ride sharing, risk/return, Salesforce, Sam Altman, Sand Hill Road, side project, Silicon Valley, Silicon Valley startup, Skype, social graph, software as a service, Solyndra, speech recognition, stealth mode startup, Steve Jobs, TED Talk, two-sided market, Uber and Lyft, Uber for X, uber lyft, vertical integration, We wanted flying cars, instead we got 140 characters, WeWork, Y Combinator, young professional, Zenefits

Federal Express did; when Fred Smith founded the company in the early 1970s, it was the biggest venture capital bet in history. More recently, we have Elon Musk’s Tesla and SpaceX, both of which have soaring valuations as I write this. So, expect more moonshots; indeed, we need them to address grand societal challenges like climate change. Visionary entrepreneurs around the world are working on hyperloops, autonomous vehicles, gene editing, and quantum computing. One day, you’ll surely be able to chat with Jibo’s grandchildren. We may even get flying cars. CHAPTER 10 Running on Empty Failure is not the worst thing; the worst thing is working on something for years with no end in sight.


pages: 437 words: 113,173

Age of Discovery: Navigating the Risks and Rewards of Our New Renaissance by Ian Goldin, Chris Kutarna

"World Economic Forum" Davos, 2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 3D printing, Airbnb, Albert Einstein, AltaVista, Asian financial crisis, asset-backed security, autonomous vehicles, banking crisis, barriers to entry, battle of ideas, Bear Stearns, Berlin Wall, bioinformatics, bitcoin, Boeing 747, Bonfire of the Vanities, bread and circuses, carbon tax, clean water, collective bargaining, Colonization of Mars, Credit Default Swap, CRISPR, crowdsourcing, cryptocurrency, Dava Sobel, demographic dividend, Deng Xiaoping, digital divide, Doha Development Round, double helix, driverless car, Edward Snowden, Elon Musk, en.wikipedia.org, epigenetics, experimental economics, Eyjafjallajökull, failed state, Fall of the Berlin Wall, financial innovation, full employment, Galaxy Zoo, general purpose technology, Glass-Steagall Act, global pandemic, global supply chain, Higgs boson, Hyperloop, immigration reform, income inequality, indoor plumbing, industrial cluster, industrial robot, information retrieval, information security, Intergovernmental Panel on Climate Change (IPCC), intermodal, Internet of things, invention of the printing press, Isaac Newton, Islamic Golden Age, Johannes Kepler, Khan Academy, Kickstarter, Large Hadron Collider, low cost airline, low skilled workers, Lyft, Mahbub ul Haq, Malacca Straits, mass immigration, Max Levchin, megacity, Mikhail Gorbachev, moral hazard, Nelson Mandela, Network effects, New Urbanism, non-tariff barriers, Occupy movement, On the Revolutions of the Heavenly Spheres, open economy, Panamax, Paris climate accords, Pearl River Delta, personalized medicine, Peter Thiel, post-Panamax, profit motive, public intellectual, quantum cryptography, rent-seeking, reshoring, Robert Gordon, Robert Metcalfe, Search for Extraterrestrial Intelligence, Second Machine Age, self-driving car, Shenzhen was a fishing village, Silicon Valley, Silicon Valley startup, Skype, smart grid, Snapchat, special economic zone, spice trade, statistical model, Stephen Hawking, Steve Jobs, Stuxnet, synthetic biology, TED Talk, The Future of Employment, too big to fail, trade liberalization, trade route, transaction costs, transatlantic slave trade, uber lyft, undersea cable, uranium enrichment, We are the 99%, We wanted flying cars, instead we got 140 characters, working poor, working-age population, zero day

Companies and entrepreneurs that are showing the way include: IBM, which in 2014 announced a five-year plan to bet 10 percent of its net income on post-silicon computer chips;30 Google (Alphabet), whose recent long-term bets include a new quantum artificial intelligence lab, self-driving cars and research into anti-aging drugs;31 and Elon Musk, a co-founder of PayPal whose moon shots include SpaceX (a space transport firm whose eventual goal is to colonize Mars) and Tesla (whose diverse aims include the mass-market adoption of electric cars, household battery packs to store renewable energy, and a 600-mile-per-hour hyperloop to transport people between Los Angeles and San Francisco). Dare citizens to fail Academic researchers and think tanks debate endlessly how to make public taxes, laws and regulations better. In truth, there is no one right answer. This is a values question as much as an empirical one, and around the world the policy response should draw on the values citizens cherish as well as the evidence.


Sam Friedman and Daniel Laurison by The Class Ceiling Why it Pays to be Privileged (2019, Policy Press)

affirmative action, Ascot racecourse, Boris Johnson, Bullingdon Club, classic study, critical race theory, discrete time, Donald Trump, Downton Abbey, emotional labour, equal pay for equal work, gender pay gap, gig economy, Gini coefficient, glass ceiling, Hyperloop, if you build it, they will come, imposter syndrome, income inequality, invisible hand, Jeremy Corbyn, job satisfaction, knowledge economy, longitudinal study, Martin Parr, meritocracy, meta-analysis, microaggression, nudge theory, nudge unit, old-boy network, performance metric, psychological pricing, school choice, Skype, starchitect, The Spirit Level, the strength of weak ties, unpaid internship, upwardly mobile, W. E. B. Du Bois, work culture

The currency of deep technical skills, or what we would call technical capital,32 was most clearly revealed in the narratives of early-career staff. Elena spoke enthusiastically about her plans to develop a particular “scripting tool” to aid with “complex geometrical modelling”, while Martin explained his aspiration to become an expert in “hyperloop transportation”. Both explained that partners were actively encouraging them to develop these kinds of technical expertise, to find their ‘niche’ or master a ‘specialist area’. Similarly, when explaining who he looked up to, and why, Connor, an Architectural Assistant from intermediate origins, foregrounded technical expertise: Sometimes I’m working on a project with some of the [Partners] upstairs and you just stand back and you’re like, “Wow!”


Human Frontiers: The Future of Big Ideas in an Age of Small Thinking by Michael Bhaskar

"Margaret Hamilton" Apollo, 3D printing, additive manufacturing, AI winter, Albert Einstein, algorithmic trading, AlphaGo, Anthropocene, artificial general intelligence, augmented reality, autonomous vehicles, backpropagation, barriers to entry, basic income, behavioural economics, Benoit Mandelbrot, Berlin Wall, Big bang: deregulation of the City of London, Big Tech, Bletchley Park, blockchain, Boeing 747, brain emulation, Brexit referendum, call centre, carbon tax, charter city, citizen journalism, Claude Shannon: information theory, Clayton Christensen, clean tech, clean water, cognitive load, Columbian Exchange, coronavirus, cosmic microwave background, COVID-19, creative destruction, CRISPR, crony capitalism, cyber-physical system, dark matter, David Graeber, deep learning, DeepMind, deindustrialization, dematerialisation, Demis Hassabis, demographic dividend, Deng Xiaoping, deplatforming, discovery of penicillin, disruptive innovation, Donald Trump, double entry bookkeeping, Easter island, Edward Jenner, Edward Lorenz: Chaos theory, Elon Musk, en.wikipedia.org, endogenous growth, energy security, energy transition, epigenetics, Eratosthenes, Ernest Rutherford, Eroom's law, fail fast, false flag, Fellow of the Royal Society, flying shuttle, Ford Model T, Francis Fukuyama: the end of history, general purpose technology, germ theory of disease, glass ceiling, global pandemic, Goodhart's law, Google Glasses, Google X / Alphabet X, GPT-3, Haber-Bosch Process, hedonic treadmill, Herman Kahn, Higgs boson, hive mind, hype cycle, Hyperloop, Ignaz Semmelweis: hand washing, Innovator's Dilemma, intangible asset, interchangeable parts, Internet of things, invention of agriculture, invention of the printing press, invention of the steam engine, invention of the telegraph, invisible hand, Isaac Newton, ITER tokamak, James Watt: steam engine, James Webb Space Telescope, Jeff Bezos, jimmy wales, job automation, Johannes Kepler, John von Neumann, Joseph Schumpeter, Kenneth Arrow, Kevin Kelly, Kickstarter, knowledge economy, knowledge worker, Large Hadron Collider, liberation theology, lockdown, lone genius, loss aversion, Louis Pasteur, Mark Zuckerberg, Martin Wolf, megacity, megastructure, Menlo Park, Minecraft, minimum viable product, mittelstand, Modern Monetary Theory, Mont Pelerin Society, Murray Gell-Mann, Mustafa Suleyman, natural language processing, Neal Stephenson, nuclear winter, nudge unit, oil shale / tar sands, open economy, OpenAI, opioid epidemic / opioid crisis, PageRank, patent troll, Peter Thiel, plutocrats, post scarcity, post-truth, precautionary principle, public intellectual, publish or perish, purchasing power parity, quantum entanglement, Ray Kurzweil, remote working, rent-seeking, Republic of Letters, Richard Feynman, Robert Gordon, Robert Solow, secular stagnation, shareholder value, Silicon Valley, Silicon Valley ideology, Simon Kuznets, skunkworks, Slavoj Žižek, sovereign wealth fund, spinning jenny, statistical model, stem cell, Steve Jobs, Stuart Kauffman, synthetic biology, techlash, TED Talk, The Rise and Fall of American Growth, the scientific method, The Wealth of Nations by Adam Smith, Thomas Bayes, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, TikTok, total factor productivity, transcontinental railway, Two Sigma, Tyler Cowen, Tyler Cowen: Great Stagnation, universal basic income, uranium enrichment, We wanted flying cars, instead we got 140 characters, When a measure becomes a target, X Prize, Y Combinator

Storrs Hall points out, if Henry Ford had been sued every time someone crashed their Model T, we likely wouldn't have cars and highways at all.101 New forms of transport or medicine bump up against tight economic and policy limits. Concorde ceased flying not just over safety fears, but because it made a loss. It's possible to build hyperloop trains, hypersonic aircraft or lunar-orbiting bases, or send a mission to Mars, but the delicate balance of risk, regulation and return on investment may make them infeasible. Financiers won't fund new services for which they believe there will be a lack of demand, or that are likely to hit regulatory headwinds, and because the engineering is so challenging, two brothers in a workshop can't help us this time.


pages: 424 words: 119,679

It's Better Than It Looks: Reasons for Optimism in an Age of Fear by Gregg Easterbrook

affirmative action, Affordable Care Act / Obamacare, air freight, Alan Greenspan, Apollo 11, autonomous vehicles, basic income, Bernie Madoff, Bernie Sanders, Black Lives Matter, Boeing 747, Branko Milanovic, Brexit referendum, business cycle, Capital in the Twenty-First Century by Thomas Piketty, carbon tax, clean tech, clean water, coronavirus, Crossrail, David Brooks, David Ricardo: comparative advantage, deindustrialization, Dissolution of the Soviet Union, Donald Trump, driverless car, Elon Musk, Exxon Valdez, factory automation, failed state, fake news, full employment, Gini coefficient, Google Earth, Home mortgage interest deduction, hydraulic fracturing, Hyperloop, illegal immigration, impulse control, income inequality, independent contractor, Indoor air pollution, interchangeable parts, Intergovernmental Panel on Climate Change (IPCC), invisible hand, James Watt: steam engine, labor-force participation, liberal capitalism, longitudinal study, Lyft, mandatory minimum, manufacturing employment, Mikhail Gorbachev, minimum wage unemployment, Modern Monetary Theory, obamacare, oil shale / tar sands, Paul Samuelson, peak oil, plant based meat, plutocrats, Ponzi scheme, post scarcity, purchasing power parity, quantitative easing, reserve currency, rising living standards, Robert Gordon, Ronald Reagan, self-driving car, short selling, Silicon Valley, Simon Kuznets, Slavoj Žižek, South China Sea, Steve Wozniak, Steven Pinker, supervolcano, The Chicago School, The Rise and Fall of American Growth, the scientific method, There's no reason for any individual to have a computer in his home - Ken Olsen, Thomas Kuhn: the structure of scientific revolutions, Thomas Malthus, transaction costs, Tyler Cowen, uber lyft, universal basic income, War on Poverty, Washington Consensus, We are all Keynesians now, WikiLeaks, working poor, Works Progress Administration

Whether on foot or horseback, in carriages, streetcars, or personal cars, for seventy minutes a day we roam. “This is some deep optimization caused by hundreds of thousands of years of evolution, a daily inspection of our nearby territory,” Ausubel says. As means of travel become more rapid—autonomous jets, maglev trains, perhaps the extremely fast “hyperloop”-style subway—people will continue to roam for seventy minutes a day, while increasing their range. “In Europe since 1950, the tripling of the average speed of travel has extended personal area tenfold,” he said. “This is going to happen for the whole world, and will be safe.” THE SUMMATION OF WHY TECHNOLOGY grows safer instead of more dangerous turns on a combination of liberal ideology (regulation), conservative ideology (market forces), military needs (precision guidance replacing huge explosions), and manufacturing pragmatics (reducing resource and fuel use makes products more valuable).


AI 2041 by Kai-Fu Lee, Chen Qiufan

3D printing, Abraham Maslow, active measures, airport security, Albert Einstein, AlphaGo, Any sufficiently advanced technology is indistinguishable from magic, artificial general intelligence, augmented reality, autonomous vehicles, basic income, bitcoin, blockchain, blue-collar work, Cambridge Analytica, carbon footprint, Charles Babbage, computer vision, contact tracing, coronavirus, corporate governance, corporate social responsibility, COVID-19, CRISPR, cryptocurrency, DALL-E, data science, deep learning, deepfake, DeepMind, delayed gratification, dematerialisation, digital map, digital rights, digital twin, Elon Musk, fake news, fault tolerance, future of work, Future Shock, game design, general purpose technology, global pandemic, Google Glasses, Google X / Alphabet X, GPT-3, happiness index / gross national happiness, hedonic treadmill, hiring and firing, Hyperloop, information security, Internet of things, iterative process, job automation, language acquisition, low earth orbit, Lyft, Maslow's hierarchy, mass immigration, mirror neurons, money: store of value / unit of account / medium of exchange, mutually assured destruction, natural language processing, Neil Armstrong, Nelson Mandela, OpenAI, optical character recognition, pattern recognition, plutocrats, post scarcity, profit motive, QR code, quantitative easing, Richard Feynman, ride hailing / ride sharing, robotic process automation, Satoshi Nakamoto, self-driving car, seminal paper, Silicon Valley, smart cities, smart contracts, smart transportation, Snapchat, social distancing, speech recognition, Stephen Hawking, synthetic biology, telemarketer, Tesla Model S, The future is already here, trolley problem, Turing test, uber lyft, universal basic income, warehouse automation, warehouse robotics, zero-sum game

But during my more than ten years working in tech, I encountered many engineers and technologists who were not-so-secret fans of speculative fiction. This enthusiasm sometimes manifested in meeting rooms with names like “Enterprise” or “Neuromancer,” but it also was present among the formidable minds behind projects like Google X and Hyperloop. From the modern submarine to the laser gun, and from mobile phones to CRISPR, scientists will readily admit they got direct inspirations from fiction. Imagination indeed shapes the world. From the beginning, I decided that AI 2041 would challenge the stereotype of the dystopian AI narrative—the kind of tale where the future is irrevocably bleak.


pages: 497 words: 144,283

Connectography: Mapping the Future of Global Civilization by Parag Khanna

"World Economic Forum" Davos, 1919 Motor Transport Corps convoy, 2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 9 dash line, additive manufacturing, Admiral Zheng, affirmative action, agricultural Revolution, Airbnb, Albert Einstein, amateurs talk tactics, professionals talk logistics, Amazon Mechanical Turk, Anthropocene, Asian financial crisis, asset allocation, autonomous vehicles, banking crisis, Basel III, Berlin Wall, bitcoin, Black Swan, blockchain, borderless world, Boycotts of Israel, Branko Milanovic, BRICs, British Empire, business intelligence, call centre, capital controls, Carl Icahn, charter city, circular economy, clean water, cloud computing, collateralized debt obligation, commoditize, complexity theory, continuation of politics by other means, corporate governance, corporate social responsibility, credit crunch, crony capitalism, crowdsourcing, cryptocurrency, cuban missile crisis, data is the new oil, David Ricardo: comparative advantage, deglobalization, deindustrialization, dematerialisation, Deng Xiaoping, Detroit bankruptcy, digital capitalism, digital divide, digital map, disruptive innovation, diversification, Doha Development Round, driverless car, Easter island, edge city, Edward Snowden, Elon Musk, energy security, Ethereum, ethereum blockchain, European colonialism, eurozone crisis, export processing zone, failed state, Fairphone, Fall of the Berlin Wall, family office, Ferguson, Missouri, financial innovation, financial repression, fixed income, forward guidance, gentrification, geopolitical risk, global supply chain, global value chain, global village, Google Earth, Great Leap Forward, Hernando de Soto, high net worth, high-speed rail, Hyperloop, ice-free Arctic, if you build it, they will come, illegal immigration, income inequality, income per capita, industrial cluster, industrial robot, informal economy, Infrastructure as a Service, interest rate swap, Intergovernmental Panel on Climate Change (IPCC), Internet of things, Isaac Newton, Jane Jacobs, Jaron Lanier, John von Neumann, Julian Assange, Just-in-time delivery, Kevin Kelly, Khyber Pass, Kibera, Kickstarter, LNG terminal, low cost airline, low earth orbit, low interest rates, manufacturing employment, mass affluent, mass immigration, megacity, Mercator projection, Metcalfe’s law, microcredit, middle-income trap, mittelstand, Monroe Doctrine, Multics, mutually assured destruction, Neal Stephenson, New Economic Geography, new economy, New Urbanism, off grid, offshore financial centre, oil rush, oil shale / tar sands, oil shock, openstreetmap, out of africa, Panamax, Parag Khanna, Peace of Westphalia, peak oil, Pearl River Delta, Peter Thiel, Philip Mirowski, Planet Labs, plutocrats, post-oil, post-Panamax, precautionary principle, private military company, purchasing power parity, quantum entanglement, Quicken Loans, QWERTY keyboard, race to the bottom, Rana Plaza, rent-seeking, reserve currency, Robert Gordon, Robert Shiller, Robert Solow, rolling blackouts, Ronald Coase, Scramble for Africa, Second Machine Age, sharing economy, Shenzhen special economic zone , Shenzhen was a fishing village, Silicon Valley, Silicon Valley startup, six sigma, Skype, smart cities, Smart Cities: Big Data, Civic Hackers, and the Quest for a New Utopia, South China Sea, South Sea Bubble, sovereign wealth fund, special economic zone, spice trade, Stuxnet, supply-chain management, sustainable-tourism, systems thinking, TaskRabbit, tech worker, TED Talk, telepresence, the built environment, The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, Tim Cook: Apple, trade route, Tragedy of the Commons, transaction costs, Tyler Cowen, UNCLOS, uranium enrichment, urban planning, urban sprawl, vertical integration, WikiLeaks, Yochai Benkler, young professional, zero day

.-101 that is home to over six thousand technology companies that generate more than $200 billion in GDP. (With a San Francisco–Los Angeles–San Diego high-speed rail, California’s Pacific Coast would truly become the western counterpart to the northeastern corridor. Elon Musk’s Tesla has proposed an ultra-high-speed “Hyperloop” tunnel system for this route.) And the Dallas–Fort Worth Metroplex, the largest urban cluster in the American South, houses industry giants such as Exxon, AT&T, and American Airlines in an economy larger than South Africa’s and is actually building a high-speed rail (well, only 120 kilometers per hour) called the Trans-Texas Corridor that could eventually extend to the oil capital Houston based on plans rolled out in 2014 by Texas Central Railway and the bullet-train operator Central Japan Railway.


pages: 561 words: 157,589

WTF?: What's the Future and Why It's Up to Us by Tim O'Reilly

"Friedman doctrine" OR "shareholder theory", 4chan, Affordable Care Act / Obamacare, Airbnb, AlphaGo, Alvin Roth, Amazon Mechanical Turk, Amazon Robotics, Amazon Web Services, AOL-Time Warner, artificial general intelligence, augmented reality, autonomous vehicles, barriers to entry, basic income, behavioural economics, benefit corporation, Bernie Madoff, Bernie Sanders, Bill Joy: nanobots, bitcoin, Blitzscaling, blockchain, book value, Bretton Woods, Brewster Kahle, British Empire, business process, call centre, Capital in the Twenty-First Century by Thomas Piketty, Captain Sullenberger Hudson, carbon tax, Carl Icahn, Chuck Templeton: OpenTable:, Clayton Christensen, clean water, cloud computing, cognitive dissonance, collateralized debt obligation, commoditize, computer vision, congestion pricing, corporate governance, corporate raider, creative destruction, CRISPR, crowdsourcing, Danny Hillis, data acquisition, data science, deep learning, DeepMind, Demis Hassabis, Dennis Ritchie, deskilling, DevOps, Didi Chuxing, digital capitalism, disinformation, do well by doing good, Donald Davies, Donald Trump, Elon Musk, en.wikipedia.org, Erik Brynjolfsson, fake news, Filter Bubble, Firefox, Flash crash, Free Software Foundation, fulfillment center, full employment, future of work, George Akerlof, gig economy, glass ceiling, Glass-Steagall Act, Goodhart's law, Google Glasses, Gordon Gekko, gravity well, greed is good, Greyball, Guido van Rossum, High speed trading, hiring and firing, Home mortgage interest deduction, Hyperloop, income inequality, independent contractor, index fund, informal economy, information asymmetry, Internet Archive, Internet of things, invention of movable type, invisible hand, iterative process, Jaron Lanier, Jeff Bezos, jitney, job automation, job satisfaction, John Bogle, John Maynard Keynes: Economic Possibilities for our Grandchildren, John Maynard Keynes: technological unemployment, John Zimmer (Lyft cofounder), Kaizen: continuous improvement, Ken Thompson, Kevin Kelly, Khan Academy, Kickstarter, Kim Stanley Robinson, knowledge worker, Kodak vs Instagram, Lao Tzu, Larry Ellison, Larry Wall, Lean Startup, Leonard Kleinrock, Lyft, machine readable, machine translation, Marc Andreessen, Mark Zuckerberg, market fundamentalism, Marshall McLuhan, McMansion, microbiome, microservices, minimum viable product, mortgage tax deduction, move fast and break things, Network effects, new economy, Nicholas Carr, Nick Bostrom, obamacare, Oculus Rift, OpenAI, OSI model, Overton Window, packet switching, PageRank, pattern recognition, Paul Buchheit, peer-to-peer, peer-to-peer model, Ponzi scheme, post-truth, race to the bottom, Ralph Nader, randomized controlled trial, RFC: Request For Comment, Richard Feynman, Richard Stallman, ride hailing / ride sharing, Robert Gordon, Robert Metcalfe, Ronald Coase, Rutger Bregman, Salesforce, Sam Altman, school choice, Second Machine Age, secular stagnation, self-driving car, SETI@home, shareholder value, Silicon Valley, Silicon Valley startup, skunkworks, Skype, smart contracts, Snapchat, Social Responsibility of Business Is to Increase Its Profits, social web, software as a service, software patent, spectrum auction, speech recognition, Stephen Hawking, Steve Ballmer, Steve Jobs, Steven Levy, Stewart Brand, stock buybacks, strong AI, synthetic biology, TaskRabbit, telepresence, the built environment, the Cathedral and the Bazaar, The future is already here, The Future of Employment, the map is not the territory, The Nature of the Firm, The Rise and Fall of American Growth, The Wealth of Nations by Adam Smith, Thomas Davenport, Tony Fadell, Tragedy of the Commons, transaction costs, transcontinental railway, transportation-network company, Travis Kalanick, trickle-down economics, two-pizza team, Uber and Lyft, Uber for X, uber lyft, ubercab, universal basic income, US Airways Flight 1549, VA Linux, warehouse automation, warehouse robotics, Watson beat the top human players on Jeopardy!, We are the 99%, web application, Whole Earth Catalog, winner-take-all economy, women in the workforce, Y Combinator, yellow journalism, zero-sum game, Zipcar

The convergence of new design approaches, new materials, and new kinds of manufacturing will ultimately allow for the creation of new products as astonishing as the Eiffel Tower was to the world of 1889. Might we one day be able to build the fabled space elevator of science fiction, or Elon Musk’s Hyperloop transportation system? The fusion of human with the latest technology doesn’t stop there. Already there are people trying to embed new senses—and make no mistake of it, GPS is already an addition to the human sensorium, albeit still in an external device—directly into our minds and bodies. Might we one day be able to fill the blood with nanobots—tiny machines—that repair our cells, relegating the organ and hip replacements of today, marvelous as they are, to a museum of antiquated technology?


pages: 526 words: 160,601

A Generation of Sociopaths: How the Baby Boomers Betrayed America by Bruce Cannon Gibney

1960s counterculture, 2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, affirmative action, Affordable Care Act / Obamacare, Alan Greenspan, AlphaGo, American Society of Civil Engineers: Report Card, Bear Stearns, Bernie Madoff, Bernie Sanders, Black Lives Matter, bond market vigilante , book value, Boston Dynamics, Bretton Woods, business cycle, buy and hold, carbon footprint, carbon tax, Charles Lindbergh, classic study, cognitive dissonance, collapse of Lehman Brothers, collateralized debt obligation, corporate personhood, Corrections Corporation of America, currency manipulation / currency intervention, Daniel Kahneman / Amos Tversky, dark matter, DeepMind, Deng Xiaoping, Donald Trump, Downton Abbey, Edward Snowden, Elon Musk, ending welfare as we know it, equal pay for equal work, failed state, financial deregulation, financial engineering, Francis Fukuyama: the end of history, future of work, gender pay gap, gig economy, Glass-Steagall Act, Haight Ashbury, Higgs boson, high-speed rail, Home mortgage interest deduction, Hyperloop, illegal immigration, impulse control, income inequality, Intergovernmental Panel on Climate Change (IPCC), invisible hand, James Carville said: "I would like to be reincarnated as the bond market. You can intimidate everybody.", Jane Jacobs, junk bonds, Kitchen Debate, labor-force participation, Long Term Capital Management, low interest rates, Lyft, Mark Zuckerberg, market bubble, mass immigration, mass incarceration, McMansion, medical bankruptcy, Menlo Park, Michael Milken, military-industrial complex, Mont Pelerin Society, moral hazard, mortgage debt, mortgage tax deduction, Neil Armstrong, neoliberal agenda, Network effects, Nixon triggered the end of the Bretton Woods system, obamacare, offshore financial centre, oil shock, operation paperclip, plutocrats, Ponzi scheme, price stability, prosperity theology / prosperity gospel / gospel of success, quantitative easing, Ralph Waldo Emerson, RAND corporation, rent control, ride hailing / ride sharing, risk tolerance, Robert Shiller, Ronald Reagan, Rubik’s Cube, Savings and loan crisis, school choice, secular stagnation, self-driving car, shareholder value, short selling, side project, Silicon Valley, smart grid, Snapchat, source of truth, stem cell, Steve Jobs, Stewart Brand, stock buybacks, survivorship bias, TaskRabbit, The Wealth of Nations by Adam Smith, Tim Cook: Apple, too big to fail, War on Poverty, warehouse robotics, We are all Keynesians now, white picket fence, Whole Earth Catalog, women in the workforce, Y2K, Yom Kippur War, zero-sum game

Bridges and waterworks take years to complete and often decades to return investments. What little interest the Boomers had in infrastructure therefore dwindles with age, especially if such investments risk the entitlements budget. As long as Boomers control government, there will be no smart grid, no public hyperloop, no wholesale move to clean power, not even appropriate maintenance. The Selfless and Selfish Cases for Public Goods The argument for infrastructure reduces to two facts: (1) we need it, and (2) it generates a significant and positive return on investment. That we require roads and sewers demands no further comment.


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The Power Law: Venture Capital and the Making of the New Future by Sebastian Mallaby

"Susan Fowler" uber, 23andMe, 90 percent rule, Adam Neumann (WeWork), adjacent possible, Airbnb, Apple II, barriers to entry, Ben Horowitz, Benchmark Capital, Big Tech, bike sharing, Black Lives Matter, Blitzscaling, Bob Noyce, book value, business process, charter city, Chuck Templeton: OpenTable:, Clayton Christensen, clean tech, cloud computing, cognitive bias, collapse of Lehman Brothers, Colonization of Mars, computer vision, coronavirus, corporate governance, COVID-19, cryptocurrency, deal flow, Didi Chuxing, digital map, discounted cash flows, disruptive innovation, Donald Trump, Douglas Engelbart, driverless car, Dutch auction, Dynabook, Elon Musk, Fairchild Semiconductor, fake news, family office, financial engineering, future of work, game design, George Gilder, Greyball, guns versus butter model, Hacker Ethic, Henry Singleton, hiring and firing, Hyperloop, income inequality, industrial cluster, intangible asset, iterative process, Jeff Bezos, John Markoff, junk bonds, Kickstarter, knowledge economy, lateral thinking, liberal capitalism, Louis Pasteur, low interest rates, Lyft, Marc Andreessen, Mark Zuckerberg, market bubble, Marshall McLuhan, Mary Meeker, Masayoshi Son, Max Levchin, Metcalfe’s law, Michael Milken, microdosing, military-industrial complex, Mitch Kapor, mortgage debt, move fast and break things, Network effects, oil shock, PalmPilot, pattern recognition, Paul Graham, paypal mafia, Peter Thiel, plant based meat, plutocrats, power law, pre–internet, price mechanism, price stability, proprietary trading, prudent man rule, quantitative easing, radical decentralization, Recombinant DNA, remote working, ride hailing / ride sharing, risk tolerance, risk/return, Robert Metcalfe, ROLM, rolodex, Ronald Coase, Salesforce, Sam Altman, Sand Hill Road, self-driving car, shareholder value, side project, Silicon Valley, Silicon Valley startup, Skype, smart grid, SoftBank, software is eating the world, sovereign wealth fund, Startup school, Steve Jobs, Steve Wozniak, Steven Levy, super pumped, superconnector, survivorship bias, tech worker, Teledyne, the long tail, the new new thing, the strength of weak ties, TikTok, Travis Kalanick, two and twenty, Uber and Lyft, Uber for X, uber lyft, urban decay, UUNET, vertical integration, Vilfredo Pareto, Vision Fund, wealth creators, WeWork, William Shockley: the traitorous eight, Y Combinator, Zenefits

On the other hand, video games and social media promote screen addiction and fake news, even as they entertain, inform, and allow Grandma to admire pictures of her distant grandchildren. The gap between VC rhetoric and VC practice is easily mocked. In April 2020, in the throes of the coronavirus pandemic, the venture capitalist Marc Andreessen proclaimed that it was “time to build.” “Where are the high-speed trains, the soaring monorails, the hyperloops, and yes, the flying cars?” he demanded.[37] The following month Andreessen’s partnership invested in Clubhouse, an invitation-only social-media app. Meanwhile, the venture industry’s expansive pronouncements stand in contrast to the narrowness of its monoculture. Women are badly underrepresented: as of 2020, they account for 16 percent of investing partners.


Growth: From Microorganisms to Megacities by Vaclav Smil

2013 Report for America's Infrastructure - American Society of Civil Engineers - 19 March 2013, 3D printing, agricultural Revolution, air freight, Alan Greenspan, American Society of Civil Engineers: Report Card, Anthropocene, Apollo 11, Apollo Guidance Computer, autonomous vehicles, Benoit Mandelbrot, Berlin Wall, Bernie Madoff, Boeing 747, Bretton Woods, British Empire, business cycle, caloric restriction, caloric restriction, carbon tax, circular economy, colonial rule, complexity theory, coronavirus, decarbonisation, degrowth, deindustrialization, dematerialisation, demographic dividend, demographic transition, Deng Xiaoping, disruptive innovation, Dissolution of the Soviet Union, Easter island, endogenous growth, energy transition, epigenetics, Fairchild Semiconductor, Ford Model T, general purpose technology, Gregor Mendel, happiness index / gross national happiness, Helicobacter pylori, high-speed rail, hydraulic fracturing, hydrogen economy, Hyperloop, illegal immigration, income inequality, income per capita, industrial robot, Intergovernmental Panel on Climate Change (IPCC), invention of movable type, Isaac Newton, James Watt: steam engine, knowledge economy, Kondratiev cycle, labor-force participation, Law of Accelerating Returns, longitudinal study, low interest rates, mandelbrot fractal, market bubble, mass immigration, McMansion, megacity, megaproject, megastructure, meta-analysis, microbiome, microplastics / micro fibres, moral hazard, Network effects, new economy, New Urbanism, old age dependency ratio, optical character recognition, out of africa, peak oil, Pearl River Delta, phenotype, Pierre-Simon Laplace, planetary scale, Ponzi scheme, power law, Productivity paradox, profit motive, purchasing power parity, random walk, Ray Kurzweil, Report Card for America’s Infrastructure, Republic of Letters, rolodex, Silicon Valley, Simon Kuznets, social distancing, South China Sea, synthetic biology, techno-determinism, technoutopianism, the market place, The Rise and Fall of American Growth, three-masted sailing ship, total factor productivity, trade liberalization, trade route, urban sprawl, Vilfredo Pareto, yield curve

The opposite is true, as the average speed of urban traffic has declined in almost every major city since the 1960s, and just its doubling would be impossible even if every vehicle was part of a synchronized, automated urban system (unless all crossroads were eliminated, infrastructurally an impossible transformation in existing cities). The average speed of rapid trains has increased only marginally since their first deployment in 1964 and, once again, it is a very safe bet that billions of people traveling by train will not do so in a decade or two in a supersonic hyperloop fashion. The typical speed of large container ships (30–40 km/h) is not radically higher than the typical speed of the 19th-century clippers; of course, their cargo capacities are orders of magnitude apart, but there has been no hyperbolic growth of speeds in ocean shipping, and there is no realistic prospect that this fundamental mode of transport that enabled modern economic globalization will enter a new age of radically increased speeds.