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
Special Investigation: Famous Tiger Temple Accused of Supplying Black Market | National Geographic
This is all being done at night. Pitch black, there are no lights. You see the cars driving into the Tiger Temple and the staff workers that are helping the wildlife traders. In December 2014, at the famed Tiger Temple in Thailand, investigators say a gro…
Analyzing Billions of Transactions to Understand Consumer Behavior - Michael Babineau and Kevin Hale
Mike: Kevin was a group partner when you did YC in the summer 2015 batch. What idea did you apply with? Kevin: Our basic idea at the time was really to use credit card data to help investors make better investment decisions. I think one thing that is act…
Imploding Drum
Today I’m at the University of Sydney with Dr. Phil, and we’re talking about the pressure that all of us are under. You are under a lot of pressure, probably 10,000 kg. 10,000 kg is pressing in on my whole body, all from all sides. Where does all this pre…
Khan for Educators: Student experience
Hi, I’m Megan from Khan Academy, and in this video, we’re going to walk you through the learner or student experience at Khan Academy. We believe that everyone is a learner; from the teacher perspective, all of your students are learners, and you can be a…
2008 Berkshire Hathaway Annual Meeting (Full Version)
[Music] Folks, this just in! It appears that Warren Buffett has struck a deal to trade jobs with daytime soap opera diva Susan Lucci. Buffett has reportedly negotiated a permanent spot on the cast of All My Children. Apparently, Ms. Lucci is en route to O…
THE ONLY 5 CREDIT CARDS YOU WILL EVER NEED
What’s up, you guys? It’s Graham here. So, as some of you know, I have this weird fascination with credit cards and try to squeeze out the best rewards as possible. However, I realized that picking and choosing new credit cards every single month based o…