[_hypx]

It's worth noting that just because something "makes sense" doesn't mean these types of bets are going to work out. I'm reminded of Japan's similar bet on computing: https://en.wikipedia.org/wiki/Fifth_Generation_Computer_Syst...

Sure, everything they did was, on paper, the correct move. The general prediction of the direction of computing was more or less correct. It just didn't happen on the timescale they envisioned, and simpler and cheaper short-term solutions turned out to be way better. Not to mention that simpler and cheaper solutions are way more flexible and faster moving, meaning nation-scale projects are often way too slow and cumbersome to even do the thing they were supposed to do.

Huge regulatory bets on transportation technology have the same problem. It wouldn't shock me if all of this ends in disappointment and bailouts.