The Boring Company has attempted to develop tunnel boring technology which theoretically could someday allow for cheaper expansion of all subway and light rail systems. Although in practice they haven't accomplished much and their existing projects aren't even used for rail transit.
https://www.boringcompany.com/
There are also several eVTOL startups aiming to improve quality of life through rapid point-to-point transportation. But I doubt they'll succeed on any widespread basis due to battery and noise limitations.
the real problem is thinking they are different or that they need to innovate. Trains are common and they need not innovation but minor improvements over time.
If you had to buy a special car to be allowed to drive on Bay Area roads because they weren't the same as the roads in Chicago or Boston then a Honda Civic would cost $1M.
There isn't much different about bart.
Basically everything on BART is unique to BART. Odd loading gauge. Odd track gauge. Lightweight aluminum chassis so none of the aerial infrastructure is designed to carry a heavier, more traditional car. Multi-part wheels with aluminum hubs to make extra noise. Non-standard traction voltage so BART struggled mightily to find replacement thyristors for the old cars. BART still struggles to keep their electric substations running. The original signaling system makes some sense, but trying to replace it with another NIH product in the 90s made zero sense. The original trains had glass with compound curves and BART could not find a vendor who could reliably recreate them. The current trains indicate ADA seating with the color green, reserving blue for the regular seats.If it can be made differently or done differently BART will absolutely try to do so.
the real problem is thinking they are different or that they need to innovate.
Yep NIH is a huge problem for BART. then a Honda Civic would cost $1M.
For $1M you could build a single San Francisco Cable Car. Plus it's built locally.