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
Types of financial risks | Insurance | Financial Literacy | Khan Academy
So let’s talk about what I would consider a little bit of a downer topic, and then that’s a financial risk. I’ll just tell you about the things that I worry about. First and foremost, what happens if I lose my job? Maybe it’s a bad economy, and I have tr…
The MILLIONAIRE MINDSET Explained (Become Successful Today!)| Shark Tank's Kevin O'Leary
Things that interest you give you lots of energy. Things you don’t want to do, you keep procrastinating, which is horrible. Nobody says, “Hey, you’re doing a great job.” I just want to send you an email. They say, “Here’s five problems I’m having right no…
Article VI of the Constitution | US government and civics | Khan Academy
Hi, this is Kim from Khan Academy, and today I’m learning more about Article 6 of the U.S. Constitution. Article 6 is, as we’ll soon see, kind of a constitutional grab bag. It covers debts, religious tests for office, and it establishes the Constitution a…
Jessica Livingston at Female Founders Conference 2014
I’m Jessica Livingston. I’m one of the founders of Y Combinator, and I’m so happy you’re all here today. I’ve been reading; like some of you have come from so far away. It’s just thrilling. I’ve been in the startup world for nine years now, and this is th…
How Wall Street is Ruining the Housing Market
Is Wall Street causing the end of the American dream? When most people think of Wall Street, they probably think about the buying and selling of things like stocks, bonds, and commodities. Well, it’s time people started adding something else to that list:…
The Curious Ecosystems of Antarctica | Continent 7: Antarctica
I kind of joke with folks that January is the longest day of my year. The sunlight down there is incredible because you get to see animals, uh, go about sort of what they do in perpetual sunlight in 24 hours. Generally, if you have nighttime, if we’ve got…