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
Cooking With Cannabis | Assignment Explorer
[music playing] I’ve never been high. I’m nervous. I don’t know how I’m gonna feel. See, Mom? Aren’t you proud? I’ve always heard that edibles are just—put you on a whole other type of high. What are we making? Today I’m making kenefeh, which is filo …
What’s It Like to Photograph the Pope? | Exposure
I’ve never had an assignment that was so frightening in that I had no idea what I was going to shoot. The biggest challenge to photographing the Vatican that I found was simply getting in there. It’s like a gigantic curtain. Just to get behind this curtai…
Charlie Munger's Final Advice For 2024.
I basically believe in a soldier on system. Lots of hardship will come, and you got to handle it well. I soldering through Charlie Munger, sadly passed away in November 2023, one month shy of his 100th birthday. But in a big stroke of luck for us investor…
Causes of shifts in currency supply and demand curves | AP Macroeconomics | Khan Academy
Talk a little bit about what could cause the supply or demand curve for a currency to shift. So here we have the foreign exchange market for the Chinese yuan, which is why we have the quantity of one on the horizontal axis and the price of one in terms o…
10 People + AI = Billion Dollar Company?
What is the state of these AI programmers? Like, is it reliable yet, and where are we at? Well, we just see software companies have way less employees and converge on a point where you could have unicorns—billion-dollar companies—that have like 10 people …
Why Millennials Should NOT Invest
What’s up, you guys? It’s Graham here. So, as many of you know, I spend a lot of time on the internet. Like, half my day is spent browsing Reddit, reading up on investments, watching YouTube videos, and reacting to bad spending habits. I do all of this be…