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Krugman: Musk, a Human Ponzi Scheme

Hacker News · Jun 17, 2026, 8:07 PM

Key takeaways

  • Paul Krugman Jun 12, 20265,0336351,301Share
  • I began with a ride on the local Hyperloop, which ran through a tunnel dug by Boring Company.
  • OK, none of that actually happened, because those products don’t exist.

Paul Krugman Jun 12, 20265,0336351,301Share

Yesterday I took a short trip. I began with a ride on the local Hyperloop, which ran through a tunnel dug by Boring Company. Then I used my neural implant to summon a fully self-driving Tesla robotaxi. While enroute I read the latest news from the Mars colony.

OK, none of that actually happened, because those products don’t exist. There are no working Hyperloops. The Boring Company has not dug any commercial tunnels. Tesla has a few self-driving — though not fully self-driving — taxis in Austin and nowhere else. (Google’s Waymo driverless taxis are operational in several major hubs.) Neuralink, which is purportedly pioneering brain implants, has tested its products in a handful of patients but done no more than that. And of course there is no Mars colony: there have been no manned flights to Mars, nor the prospect of any for the foreseeable future.

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