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
Inflation Continues to Sky Rocket: How Warren Buffett Says You Should be Investing
Everyone is talking about inflation, inflation, inflation, inflation. This pesky little thing called inflation has probably been the most talked-about topic in finance this year, and this is likely for a good reason. The cost of mostly everything, from ho…
1,000km Cable to the Stars - The Skyhook
Getting to space is hard. Right now, it’s like going up on a mountain on a unicycle—with a backpack full of explosives. Incredibly slow, you can’t transport a lot of stuff, and you might die. A rocket needs to reach a velocity about 40,000 km an hour to e…
Plessy v. Ferguson | The Gilded Age (1865-1898) | US history | Khan Academy
Long before Rosa Parks refused to move to the back of the bus, Homer Plessy boarded a train car in New Orleans to protest Jim Crow segregation laws. Plessy was arrested and convicted in Louisiana, but his test case for segregated public transportation rea…
Surprising Shark Tank with 24 Unique Tudor Watches
NE wonderful here, and you can’t believe where I am—in Beverly Hills, hours before we give away the Shark Tank watches. 24 recipients were there when we first made the pilot for Shark Tank 16 years ago. Only 24 people were there that day and are still wor…
7 Tips for Effective Remote Learning with Khan Academy
Hello all! Welcome to Seven Tips for Effective Remote Learning with Khan Academy. My name is Megan Patani and I head up U.S. Teacher Education here at Khan Academy. I’m joined today by my colleague Jeremy, who leads our Teacher Success Team. So just a li…
The Overuse of Energy Resources | Breakthrough
We live in a time where it is readily apparent that if we proceed at the pace we are proceeding, continuing to overuse the resources available to us in the way we are overusing them, we’re going to run out. I don’t think people really understand what “run…