The Boring Company () is showing pretty material progress. Being able to build tunnels in a way that is substantially faster/cheaper could, like with the development of planes/boats/cars, unlock whole new areas of real estate that otherwise remains locked up.
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Speed of boring is not the constraint on overall tunneling cost anymore than paving speed is the constraint on road building.
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There have been big advancements in the tunnel building speed (which is the real advancement TBC is making), using a combination of new approaches:
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