yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

#shorts How Will Robots Affect These Jobs?


less than 1m read
·Nov 7, 2024

Robots don't pay taxes or even spend money in the local communities. They should preserve their jobs. My question to you is, can they stop progress?

Uh, first of all, there's no evidence that that's true. There have been lots of studies on automation in ports, domestically and internationally. The trouble with East Coast ports is they're very old; they're very inefficient.

When you start to compare them against other international ports like Singapore and the other Asian ports, um, we're just not holding mustard up against them, and that's very bad for productivity and flow-through.

So, we can't agree to that. We just got to let automation go where it goes because there is zero evidence on the East and West Coast that if you automate and make it more efficient and more productive, that it hurts wages at all.

Indeed, it may even increase the actual pay you give to employees that know how to use these robotic systems, so they become more engineer-oriented. It helps job creation and helps the value of wage growth.

More Articles

View All
10 Stocks the Smart Money is Buying Right Now
[Music] Hey guys and welcome to the first video of the new money advent calendar! Whoa, what a big project! I am actually pretty nervous about this. I’m going to try and—no, I am going to do 25 videos in 25 days in the lead up to Christmas. So, uh, I hope…
Quantity theory of money | AP Macroeconomics | Khan Academy
In this video, we’re going to talk about the quantity theory of money, which is based on what is known as the equation of exchange. It tries to relate the money supply ( M ) (so this is some measure of the money supply) with the real GDP ( Y ) (so that is…
Behind the Scenes of TEKOI
Okay, yeah, it is a bit late for coffee in the UK, but upload days now, with the addition of director’s commentary, days are very long days. So I’m quite tired, quite tired by the end of it. But I feel like the right way to do this is to do the director’s…
Are US Military Bases and Embassies American Soil?
Military bases and embassies, contrary to popular opinion, don’t count as American soil; though, they’re close. The country hosting the base agrees that her laws don’t apply within the base, but the base is still on her land. That she owns. Because it’s h…
Even and odd functions: Equations | Transformations of functions | Algebra 2 | Khan Academy
We are asked: Are the following functions even, odd, or neither? So pause this video and try to work that out on your own before we work through it together. All right, now let’s just remind ourselves of a definition for even and odd functions. One way t…
Mars Gets Ready for Its Close-up | Podcast | Overheard at National Geographic
I’m getting to go on a guided tour of Mars. This is so freaking cool! You can see this spectacular panoramic landscape. This could be Canyonlands; this could be Death Valley. What’s the weather like in this section of Mars? Yeah, the forecast for tomorro…