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
A Conversation with Elizabeth Iorns - Advice for Biotech Founders
All right, guys, we’re gonna get started. Sorry for being late. So I have up here Elizabeth Irons. Is it Dr. Elizabeth Irons? No, you’re Professor Elizabeth Irons. So Elizabeth is a cancer biologist by training. You got your PhD in cancer biology from the…
Netherlands in 100 Seconds | National Geographic
[Music] What do the Netherlands really look like? To get a better sense of proportion, let’s go on a 100-second walk across the nation. Each second of the walk reveals one percent of the lands and how they look from above. Are you ready for the Netherland…
5 Things To Know Before Buying An ETF | Stock Market for Beginners
Hey guys and welcome back to the channel! So if you’re watching this video, you are interested in ETFs, and that is awesome! Maybe you’re making a first-time investment, and if that’s you, welcome to the world of investing! Get pumped up because it is a g…
Warren Buffett is Selling Stocks and the Reasons Behind it are Terrifying
If you have been following financial news, you would know that Warren Buffett continues to be a huge seller of stocks this year. In this video, we are going to look at the 10 stocks Warren Buffett is selling and the four stocks he is buying. Make sure to …
Parking Lot Drug Bust | To Catch a Smuggler
[music playing] [sirens blaring] DAVE: (VOICEOVER) She keeps reaching around in the center console. It looks like she’s trying to get something out, maybe a handgun. MAN: All right, GSP has a driver out of the vehicle. DAVE: That’s our girl. Was it loa…
Why Charlie Munger Continues to Buy Alibaba Stock
The Daily Journal recently bought a large position in Alibaba after founder Jack Ma had been reprimanded by the Chinese Communist Party, and Ma’s other company, Ant, was not allowed to proceed with its IPO. What are your current thoughts on China and whet…