Surprisingly, at least in theory, and probably in practice with better technology, supersonic travel can be as efficient or even more efficient than subsonic flight. Supersonic travel opens up higher altitudes, higher altitudes means less air resistance.

The ultra high altitudes of LEO satellites showcase the steelman example, traveling effortlessly through the vanishingly thin atmosphere at hypersonic speeds with extreme efficiency even though the fuel expenditure to get them there was high.

For more reasonable hypersonic travel, at 100k feet, the “wind” force at 3375mph is only as much as you would feel at 400 mph at sea level… so you can exert the force needed to fly at 400mph, but for that same energy you are going 3375mph.

Of course there is a lot of tech needed to take advantage of these efficiencies, but it’s not a matter of faster = less efficient. As for economies, a jet that can fly LA to NY in 70 minutes, with an hour of turn at each end, could make 10 trips a day, potentially cutting the number of aircraft needed to cover a given route or route rotation by a factor of 4.

Obviously this is not currently practical on so many levels, but there is nothing fundamentally stopping us from achieving that level of service, given enough knowledge and technical capability.

If we ever want to achieve that level of understanding and competence, we will have to work on it when it seems impractical. Remember, it was in a single persons lifetime between flying precariously in glorified kites and supersonic flight.