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
Assignment: Inspiration | National Geographic
We’re in Los Angeles for this amazing project called Assignment Inspiration. National Geographic and Mazda made a call out for photographers’ most inspiring work. Congratulations! Out of thousands of entries, it was your work that inspired us. One of you …
Resonance | Molecular and ionic compound structure and properties | AP Chemistry | Khan Academy
Let’s see if we can draw the Lewis diagram for a nitrate anion. So, a nitrate anion has one nitrogen and three oxygens, and it has a negative charge. I’ll do that in another color; it has a negative charge. So, pause this video and see if you can draw th…
The World's Best Investing Strategy that No One Follows
So I think that as we go through life, we get some aha moments, and it can become a source of tremendous competitive advantage. One of the things I learned about very early was the power of that. There is Monish P. He is the CEO of Dando Funds, an all-ro…
Computing a Jacobian matrix
So just as a reminder of where we are, we’ve got this very nonlinear transformation. We showed that if you zoom in on a specific point while that transformation is happening, it looks a lot like something linear. We reasoned that you can figure out what l…
One Good Tuna Deserves Another | Wicked Tuna
Get this guy over there! It’s pitch black. We got our anchor line out and so to a bunch of other boats around us. We got to make sure that our fish doesn’t come in contact with any of the other anchor lines in the water or it will be a huge paycheck. This…
Michael Burry: The next huge crash is coming soon | This is his stock portfolio
Michael Burry hasn’t been shy about saying that the stock market is extremely overvalued and on the brink of collapse. This is the same investor who became a legend by accurately predicting and betting on a different crash: the crash of the U.S. housing m…