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
Brave New Words - Ethan Mollick & Sal Khan
Hi everyone, it’s here from Khan Academy, and as some of you all know, I have released my second book, “Brave New Words,” about the future of AI in education and work. It’s available wherever you might buy your books. But as part of the research for that …
Self-destructive? It could be your death drive…
Daedalus, a master craftsman and architect of the labyrinth of Crete, once created wings made from feathers and wax that would help him and his son Icarus escape their imprisonment. Before they attempted to escape, Daedalus warned Icarus against flying to…
How to Angel Invest, Part 1
Hey, this is Nivi. You’re listening to the Navall podcast. We haven’t published an episode here in a while, and that’s because we’ve been publishing on another podcast called Spearhead. What we’re discussing on Spearhead is how to be a good angel investor…
Homeroom with Sal & Nikole Hannah-Jones - Thursday, July 30
Hi, everyone, Sal here from Khan Academy. Welcome to our Homeroom live stream. I’m very, very excited about our conversation that I’m about to have with Nikole Hannah-Jones. But before we jump into the conversation, I wanna give my standard announcements …
Word problem subtracting fractions with like denominators
After a rainstorm, Lily measures the depth of several puddles in her backyard. She records her results in a table. So, here are three different puddles, and she measures the depth in inches. Then we’re asked: how much deeper was the puddle under the swin…
These Tiny, Stunning Moths Are Only Found in One Place on Earth | National Geographic
A lot of people will think moth, and they’ll think dark gray fuzzy thing that they don’t want flying around their lights at night. These things don’t look like that at all, and in fact, most moths don’t. You say to anybody “microscopic moth,” they’re some…