For the majority of cases, why would you want a horizontal elevator? Walking would be quicker. I think it's a cool technology, but I don't understand the need. Unless the one multi elevator would be more cost effective than two elevators separated by a walkway.
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The trick of it isn't horizontal movement, it's the idea of looping the whole elevator network. Instead of just up-down-up-down it becomes a cycle! Far more efficient for a large-scale building.