A lot has been going on recently about the announcement of the Hyperloop by Elon Musk, the co-founder and CEO of Tesla Motors. The hyperloop is a transport system which enables you to travel a distance between San Francisco to Los Angeles in merely 30 minutes. After today's announcement about the whole idea and Elon, publishing a pdf about all the technicalities on how to build the system, the stage is set for someone to adopt and start working on it. He has totally open sourced the idea and kept it in front of the world. He believes that this is possible only without the intervention of bureaucracy. Read more about the hyperloop #-Link-Snipped-# and also download the pdf given.
This used to happen in the olden days when people with ideas used to publish them and watch whether they were possible to create. But now people are afraid to make things public, since they want their ideas to be patented. So with this my question is that whether we are losing out on the real side of innovation, that is, sharing and working on an idea together?