

And that means what?
I’m not familiar with that theory, but Europe has been building a robust public transit network since the early 20th century. The wars only slowed progress. Most Subway systems, rail networks, city buses, etc were quite strong already in the 30’s.







It hasn’t been people hoping. There are quite a few analysis papers out there doing the math of the impossibility of achieving profitability of the current US model. Chinese models offering equivalent performance for 10x lower cost, and near frontier level open weight models to run in house for the cost of the hardware, and this hardware being way more modest, makes the bubble pop a certainty. As with data loss, the question is when, not if.