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
Co-Founder Equity Mistakes to Avoid | Startup School
[Music] Hello, I’m Michael Cybal, and today I’m going to talk about co-founder equity splits and co-founder breakups. To be clear, we want people who are building tech software startups that they expect to be VC funded. You know, this is advice for you. …
The Amazing Engineering of Rescue Helicopters - Smarter Every Day 289
Hey, it’s me, Destin. Welcome back to Smarter Every Day. You’re smart; you know how this works by now. We’re in the middle of a deep dive series into the US Coast Guard, and they’re amazing. We’ve talked about how they rescue people. We’ve talked about th…
Gordon Ramsay Learns to Spearfish | Gordon Ramsay: Uncharted
Spear fishing in Hawaii, I’m like a fish out of water. Thank God I’ve got free diving champ Kimi for a guide. She makes it look so easy. [Music] Damn, she’s good. [Music] Despite my fetching camouflage, I can’t hit a thing. Don’t get frustrated! Oh man, …
Charlie Munger: "I Got Rich When I Understood This" (Mental Models)
Billionaire investor Charlie Munger has said on countless occasions he got rich when he finally understood the power of what I referred to as mental models. I have gone through hundreds of hours of Charlie Munger’s interviews and writings to identify the …
Office Hours at Startup School 2013 with Paul Graham and Sam Altman
We have to sit up straight. We have lower, since this is not right. Admiral Rickover would not stand for this. Um, okay. Uh, George, Nick, what are you working on? So we are building a multiplayer programming game for teaching people how to code. So lik…
She Biked 1,200 Miles to Find Her Father's Final Resting Place | National Geographic
I don’t seek out pain or want to feel pain. It’s more that I’ve learned really sticking with something and putting your time and your energy in—on the other side of that, you’re a bigger person. I do seek out those kind of experiences where I am gonna be …