Oh yes, absolutely! The other worrying bits there are the need for a standard, for which we have the always relevant xkcd[0], and this:
> The report also concluded that, despite these advantages, public authorities will not commit to building PRT because of the risks associated with being the first public implementation.
Of course, there's also the question of whether this will be more or less efficient than a smart fleet of buses, for example.
https://xkcd.com/927/