i mean that's a given the new building a system that is the most safe you can build it the system in that self is ten times safer than an uplink to give you an idea the reason for that is that there are ten to ten times less failure modes if you think about it the mapping is actually fairly scary you're right it's up there in the sky somehow and. if something happens and needs to land we are able to stop within seconds. we can separate the sections we can depressurize and you can leave those emergency exits very similar to what you do today in a subway or a train. of course when you're talking about oppression i mean when you're talking about a crash you are already assuming there is a crash but in an ideal case you have safety systems in place that prevent that there's a crash if now you know there's a terror attack and sings happen right in front of you of course i mean there's always going to be certain scenarios where you know you can't really do anything so it's faster than plane and it's and it's moving in

a back and and i got me feeling like an astronaut. knowing you have no it's actually very similar to what you're already experiencing so it's not like i'm not going to floating around in the air right that's that's gravity so that's for that we need to be outside of space so but you're in a pressured a vehicle just like an airplane rides a pressure vessels basically it's and it's not a complete vacuum it's it's a low pressure in london so to still some you know left it's basically very similar to an athlon that would go in very high altitudes and we do that so that we can move much faster using much less energy because it has less resistance that's a whole trick when we looked into the physicality of the system so one thing that was really neat you know surprising for me is that there's no rail no meter on the whole wolves that makes money they're all losing money as a whole using taxpayer dollars but they're not supposed to make money in their public service it's not a business like. it's how we experience it just to make people's life easier not to

make money well i mean of course you know if you tell me that i get money every month side don't have to think about how to make things better but i do believe that. if we start thinking on how we can make money and how we can build something that makes economic sense for us all we will have more of it it will be a better quality isn't it is today. you can i mean just think about what it does to not even serve world countries but second world countries rights and don't have an infrastructure today we're able to create mega regions bring people closer together changing the way that relives the hyperloop will have the same impact or a similar impact on the railways but did you ever think for instance what kind of impact it would have on countries like america because the way railways works there is that it really just trains are really just making money and it's coasts and then the profit from the east coast is what funds the railways in the west and midwest

and the west so if you come in with your business and i'm pretty sure it's coming from one big city to another big city right you're not going to be having like little local towns connecting through hyperloop right so that actually would mean that you're putting out all of america's railway out of business so we're not a competition we're with technology companies so we develop technologies. that are basically then used by transportation companies so we are if you one so the next step and again it's about building something makes economic sense because those trains on the east coast end up making money if you really take a look and to the cost of the infrastructure and everything around it and you take away the government subsidies the old losing money and that's something that needs to change in fact in america just to take an example. the infrastructure for trains is terrible there's accidents all the time because of. that infrastructure in

addition to of course human factors but we we needs to solve this issue we need to be able to build infrastructure that makes economic sense that has a return on them this means and sayings that it's not necessary that it's something that you know just should be there. you know what i believe is education should be there health care should be there. if there is something that can make money and should make money and ideally it's going to be a better system that's going to be a better service to think it will be an infrastructure and that will be closely working with governments do you think it will be like that or a level thing or is that a private business so it can be private however in most countries the government wants to be part of anything that's infrastructure related because of course you know it's it has closely to to do with the development of a country so normally these projects are p.p.p.

projects are private public partnerships to develop together was a government. in our case most of the companies would talk to our existing transportation companies that have an existing network where we're able to hopefully create a better network. could ever go under the ocean. so technically it's possible there are. already the first troops on the water if you want souls in the way. norway has the engineering capabilities and the know that. in our case you know. going onto the ocean most people actually think of connecting america to asia for example so going on the pacific there's a lot of safety issues with that of course you know because the moment you have to get out you would be somewhere in the middle of the ocean. for now we concentrate on that and i am thinking new york to l.a. now or something that is that something that could happen no so. we have our top

speed is right below the speed of sound which is around one thousand two hundred kilometers an hour. that's more than a plane its planes normally are on the thousands i mean a passenger train a plane right so. jets are going to three thousand kilometers an hour but. going from the west coast to the east coast would be happening through a network so you would have stops in between and that also makes the most sense when you thinking about the cost of the infrastructure you have to build maybe something that would be involved ground our ground that really depends on the routes and ideally it's about brown because we're using the same structure to fuel the two for use alternative energy but you know what you might have to time though you might have to dig trenches in many cities specially in europe for example where there's existing infrastructure and so very difficult to just go through and get into the center and you have to you will have to come in each aspect cargoes of

course actually phrase is a very important part of our business model and as i mentioned earlier. it's a so broad project one road one belt is definitely something that enables a completely new way. our economy with the current holds economy or the enabling an on demand economy that's you know basically revolutionizing everything around you transport system gene seem like it's going to have some kind of legal implications do you feel like a new. price a new set of laws actually that's a biggest challenge so it's not so technology it's not the funding but it's regulations so you need to create these new laws it's not an app plain that's not a train when we when we innovate we try to not think about what's regulations at all because it allows us to just work was a blank sheet of paper and that's a big event. that we have. towards existing modes of transportation week we really

want to invent a transportation system the way you would do in two thousand and eighteen right so rethinking and questioning everything. but then now is that we're moving into commercialization of the system of course you can't really sell the system implements assistant system worldwide if you don't have regulations in place so we have been working was all partners from munich re for example which is the largest reinsurance company in the world and say published a risk report last year saying that they are going to be able to ensure our technology which is a very important hard. on this and important step to towards commercialization also technology we're also working together with that tooth suit which is one of the safety institute's appreciates and safety guidelines and we need to work with governments around the world so at this time we're working was india indonesia.

south korea. slovakia czech republic. brazil and the emirates of course we are starting to implement a first commercial system and these are just some of the countries so we're moving worldwide it's important to not only work this one because you never know when you talk about politics you know things are going to happens and can change very fast so being able to work with several governments around the world as an infant i know that the preventing engineers they're working with you know working for free and. unfortunately not really in the number ration yet so this there's a little bit of misinformation because first of all we have we have over eight hundred people on our team in addition to fifty companies most of these people are working for participation in the company so they are working for free but they are receiving stock options on the company which of course are worth money especially if you to. my investor is the worst lot of money. and then we have of course also

a full time team that many just all of these companies and contributors so he said the first ten kilometers are already going to take place what like now or is it taking place there so we announced. our agreement together with our in the in the emirates we're looking in through our first implementation of the first ten kilometers you know a good year. so now we're in the prime of things stage we are in the meantime working on the r. and d. center in toulouse where we're going to be building version number two until two hundred twenty s. and this was the same when it is like for a town to town thing going to take place so timeframe in the emirates i would say i would estimate roughly three years of construction we hope to have the first the first phase done there on two cells and twenty so that's kind of the goal for us

it's a very ambitious goal because again it doesn't only depend on us but that's hopefully when you and me can be you know using the first type of to get them and then when it becomes widespread well like a decade or so that that really depends on the regulations so depending on how fast we can move through was a different. you know governments around the world i would estimate probably you know it's it's not a sprint it's a marathon. right there good luck with everything i hope we can make it happen very quickly i can't wait to be one of the passengers going to date actually on a hypo but i read like you have to actually be. city and have your seat belts all the way through is that true or is that misinformation can so you know it would depend on the situation on the rabbits and of course on the regulation as well so ideally you're able to move pretty for a pretty free of that and having it there will be a toll. which was most people right but i was concerned about that well good luck

with their appeal thanks all for the much our program. the new global economic war is unfolding in the realm of education the right to education has been supplanted by the right to access education loans higher education is becoming just another product that can be born and sold but it's not just about education anymore it's also about running a business and what you could. finally

couldn't. want is the place of students in this business model for college i was born now and i'm extremely more higher education the new global economic war. is what a company is a profitable public firm that supplies cheap water has a more than half a million households a small percentage five point four six is already owned by the french multinational suez. what it was like oh my goodness where is there snow is going so nice of course i'm going to ask the simple message that he bought down to the dozen to get them out of this only get the. money out of this and.

then they're going to share some more so to float up with elizabeth that they'll be able to get it maybe you know if you took the feed. in a moment for your kid then. you view it could be you see. a man as a middle class suppose i should. do the honors other jobs upon the betters you know in that santa no prisoners record if you are men of the. d.a.p. as crease. as largest water company it provides five point five million people with water. in it by the looks of the afro and or hear it say that they may go all hallows by norse anything that's they're not like it's no better cut as the mean above especially helmet on a rebel cell in addition of as you know adam was in my system of i can machine it

will marvel at the just tell when a much more efficient girl a ship you might get. to groan or something i stop all people to a strong less than are cynical enough strategy. purities a strong ass rescale reste so the bulk of myself at least get it all to shape dallas. and will not i'm up to see payoffs as a decision particularly about our. own keys that are dead. or fashion a place you want there's a particular. quality.