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
Prepositions of space | The parts of speech | Grammar | Khan Academy
Hello, Garans. So we had said previously that prepositions, uh, express relationships between two ideas, right? And we can do that either in time or in space or in other ways. But today I want to talk about prepositions in [Music] space because this is a…
2003 Berkshire Hathaway Annual Meeting (Full Version)
[Applause] We promise not to sing Good Morning, and we’re delighted to have you all here. One of the things that makes it fun to run Berkshire is that we see real shareholders. We probably have a larger proportion of our shares held by individuals and not…
Sam Altman - Startup Investor School Day 1
I’m going to turn it over to our first speaker, Sam Altman, the president of Y Combinator, who actually had the original idea for this course, so I’m pretty grateful for that. He’s also the man who has said, “You want to sound crazy, but you want to actua…
How To Live Frugally and Achieve Financial Independence
What’s up you guys? It’s Graham here. So this is a really interesting topic: how to live frugally and achieve financial independence. This is something that at its core is really, really simple. It’s not at all complicated. In fact, I could sum up everyth…
15 Things You Take For Granted
You know, compared to 200 years ago, we live like kings and queens. It’s important to refresh your perspective every now and then. Here are 15 things you take for granted. Welcome to LAX. First up, good health. You know, not very long ago, in the grand s…
Changes in labor supply | Microeconomics | Khan Academy
In a previous video, we took a look at the labor markets, and we thought about it in the context of the entire market and how it might impact a firm. So let’s say that all of a sudden, the nation’s immigration policy changes where they’re willing to bring…