waderoush writes "Elon Musk thinks California should kill its $68 billion high-speed rail project and build his $7.5 billion Hyperloop instead. It's a false choice. We should pursue all promising new options for efficient mass transit, and let the chips fall where they may; if it turns out after a few years that Musk's system is truly faster and cheaper, there will still be time to pull the plug on high-speed rail. But why not make things interesting? Today Xconomy proposes a competition in the grand tradition of the Longitude Prize, the Orteig Prize, and the X Prizes: the $10 billion Smog to Fog Challenge. The money, to be donated by big corporations, would go to the first organization that delivers a live human from Los Angeles to San Francisco, over a fixed ground route, in 3 hours or less. Such a prize would incentivize both publicly and privately funded innovation in high-speed transit — and show that we haven't lost the will to think big."
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