Like I just implicitly assumed that that is way too much money for the value it provides but admittedly I didn't think much about it. Can you quantify how the benefit might be worth that much?
I think Cruise Automation has roughly raised that amount over it's entire lifetime. Even if we had to fund 10 of those companies for a similar amount, that seems like a better investment than the dozen or so subway miles that would fund.
Subway lines can pay for themselves across hundreds of years. It’s the best kind of investment for cities because it operates on their timescales and use ultra cheap bonds responsibly and it doesn’t interfere with free markets.
just pick the low hanging fruit first and let driverless cars operate freely with data sharing. then build your pyramids.
Cities taking advantage of people with ultra low risk tolerance to make infrastructure investments at ultra low rates that only make sense with very long time horizons is dependent on markets.
Ahh, so by ‘we’ you didn’t actually mean a group you are part of but instead other people.
As long as we're throwing out fantasies, I'd like us to spend $2B more, and have the Chinatown subway run all the way out to Fisherman's Wharf and the Marina district, and also expand capabilities west out to the avenues.
I'm amazed we got the Chinatown subway and I'm excited to see the city develop around it!