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
“Someone despises me. That’s their problem.” | How to Build Stoic Fortitude
There’s a big difference between having fortitude and hiding away in a fortress. In the latter case, we physically separate ourselves through self-isolation. Oftentimes, this is an attempt to hide from the big, bad things in the world. It’s not unlikely t…
My Investing Strategy for 2021
[Music] Hey guys, welcome back to the channel! We are so close to being finished with the new money advent calendar; it is ridiculous. Happy Christmas Eve! Here we go, the 24th of December 2020. Only one more video after this one to go, and we are done f…
How to get your life back together (+exact action plan)
This video is brought to you by Squarespace. From websites, online stores, and marketing tools, and analytics, Squarespace is the all-in-one platform to build your beautiful online presence and run your business. It’s been a month since the new year start…
How To Get Rich According To Peter Thiel
There are a million ways to make $1,000,000. And this is how Peter Thiel does it. Co-founder of PayPal and an early investor and Facebook CEO, has not just witnessed but actively participated in shaping the landscape of technology and startups. With his b…
Worked example: Inflection points from first derivative | AP Calculus AB | Khan Academy
So we’re told let G be a differentiable function defined over the closed interval from -6 to 6. The graph of its derivative, so they’re giving the graphing the derivative of G. G prime is given below. So this isn’t the graph of G; this is the graph of G p…
Dividing rational expressions | Precalculus | Khan Academy
The goal of this video is to take this big hairy expression where we are essentially dividing rational expressions and see if we can essentially do the division and then write it in reduced terms. So if you are so inspired, I encourage you to pause the vi…