yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Automated trucks: Blue-collar disaster or economic win? | Andrew Yang | Big Think


2m read
·Nov 3, 2024

Processing might take a few minutes. Refresh later.

The big misconception about the impact of technology in the workforce is thinking that it's around the corner. Instead, it's been with us for years. If you look at the last 20 years or so, we've automated away 4 million manufacturing jobs in Michigan, Ohio, Pennsylvania, Wisconsin, Missouri, Iowa, all the swing states that Donald Trump needed to win in 2016 and did win.

Then my friends in Silicon Valley and my friends who work in technology know that what we did to the manufacturing workers we are now going to do to the retail workers, the call center workers, the fast food workers, the truck drivers, and then even bookkeepers, accountants, insurance agents, lawyers, and on and on through the economy. So what happened to the manufacturing worker is a very clear sign of what's going to happen to these other workers moving forward.

And I talked a little bit about retail workers, the most common occupation in the economy. Thirty percent of Main Street stores and malls are going to close in the next five years because Amazon is soaking up $20 billion of commerce every year. And many of these workers are making $11 to $12 an hour and don't have a huge savings cushion to be able to make meaningful adjustments.

Being a truck driver is the most common job in 29 states. There are 3 and 1/2 million truck drivers in this country, average age 49, 94% male, average education high school or one year of college. They're making about $46,000 a year right now. It's one of the higher paying blue-collar jobs in this country.

And on the west coast, you have my friends in Silicon Valley who are trying to automate truck driving. And the reason they're doing that is because of the money -- $168 billion in financial incentives for automating away truck drivers. And that's not just labor savings. That's also equipment utilization because a truck never needs to stop whereas human-driven trucks have to stop every 14 hours; fuel efficiency because trucks can convoy together in lower wind resistance, and so robot trucks would be able to get places with less fuel, fewer accidents because truck drivers right now kill about 4,000 other motorists a year in accidents and that number would come down if you had automated freight.

So there's a very, very powerful set of incentives to try and automate truck driving as an occupation. Again, though, you have these 3 and 1/2 million truckers, and only 13% of them are unionized. So there's not going to be a grand negotiation. So imagine being a trucker who's taken out a $50,000, $60,000 loan to lease your truck and it's your livelihood and your means of support, and then all of a sudden, you have to compete with a robot truck that doesn't need to sleep.

And that is what is around the corner for hundreds of thousands of truckers in this country in the next five to 10 years when robot trucks start to hit our highways. And Amazon is testing out robot trucks as we speak, right now in the Midwest...

More Articles

View All
Comparison: Rise of empires | World History | Khan Academy
What we’re going to do in this video is think about the rise of empires and make the comparison with four very early empires that we have studied: Achaemenid Persia, the Maurya Empire in India, Han China, and the Roman Empire. So let’s just start with a …
Ian Somerhalder Goes on a Sub Adventure | Years of Living Dangerously
[Music] I’m aboard this amazing research and filming ship called the Aluia. It’s equipped with two deep diving submersibles. There’s one behind me, the Triton, and behind that is the Deep Rover, a two-man submarine. Both subs are rated for 1000 meters. We…
Marian Devotion | Explorer
For some, visions of Mary can become all-encompassing. Terry Cola Francesco was working as a landscaper in Birmingham, Alabama, but he wanted something more in life. In 1986, on a trip to Međugorje, he found it. The visionaries’ messages struck him as the…
Re: The Trouble With The Electoral College – Cities, Metro Areas, Elections and The United States
Hello, internet. Let’s talk about this map, this argument, and the Electoral College in general. In my “Trouble With The Electoral College” video from 2011, I was wrong to use the city limits for that part of the argument, rather than the more expansive m…
19 year old buys a private jet!
Hey Steve, Daddy’s finally agreed to let me buy my first check, but he’s only giving me a 50 million budget. 15 million, that’s not so bad. Come on, let’s go sit down and we can go look through some options. So how many people do you think you want to ca…
Dihybrid cross and the Law of Independent Assortment | High school biology | Khan Academy
In this video, we’re going to build on our understanding of Mendelian genetics and Punnett squares by starting to think about two different genes. So we’re going back to the pea plant, and we’re going to think about the gene for pea color and the gene for…