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
Changing the narrative with Nat Geo Photographer Sofia Jaramillo | Hispanic Heritage Month
I first started with photography on a college road trip with my dad, and I took this picture. I remember looking at the back of my camera and just being like, “This is it, this is what I’m gonna do for the rest of my life.” My name is Sophia Jaramillo. I…
Proof of expected value of geometric random variable | AP Statistics | Khan Academy
So right here we have a classic geometric random variable. We’re defining it as the number of independent trials we need to get a success, where the probability of success for each trial is lowercase p. We have seen this before when we introduced ourselve…
The Poor Man's Rolex? | Kevin & Teddy Baldassarre Tudor Watches
It’s a bit of a funky look. It is. Well, you have to hand it to Tudor; they’ve really, really focused on great dials, great value. If there was ever a brand that could encroach on a Rolex, it would be Tudor. Absolutely, it’s its own standalone brand. This…
The Most Dangerous Weapon Is Not Nuclear
A breathtaking scientific revolution is taking place – biotechnology has been progressing at stunning speed, giving us the tools to eventually gain control over biology. On the one hand, solving the deadliest diseases while also creating viruses more dang…
Tomasz Kaye: Voluntaryist and Creator of George Ought to Help [Mirror]
If we approve of state programs that redistribute wealth, we must also approve of threats of violence made against peaceful individuals, because this is how the funds are collected. On the other hand, most of us feel uncomfortable about threatening peacef…
Intro to Economics - Course Trailer
Welcome to Introduction to Economics. You are about to become an economically-literate person. You might not realize this, but you’ve always been an economic actor. When you’ve decided to spend your time doing one thing, you might have foregone being ab…