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
15 Ways To Start A New, Better Life
While you’re busy thinking of a better life, your current and only life you have slowly passes you by. And while lifetimes are measured in decades, progress is measured in days. Welcome to Alux! Who knew that your physical health has positive effects thro…
Intermediate value theorem example | Existence theorems | AP Calculus AB | Khan Academy
Let F be a continuous function on the closed interval from -2 to 1, where F of -2 is equal to 3 and F of 1 is equal to 6. Which of the following is guaranteed by the intermediate value theorem? So before I even look at this, what do we know about the int…
Human fertilization and early development | High school biology | Khan Academy
[Instructor] What we’re gonna do with this video is talk about fertilization and development in human beings, or at least early development in human beings. And this right over here is an actual image of fertilization about to happen or happening. So th…
Iraq Explained -- ISIS, Syria and War
Oh dear… Just when you thought the Iraq problem was solved because you haven’t heard about it for a while, everything’s back to murderous chaos and terror. What happened? In 2003, the US invaded Iraq because of its alleged connections to terrorism and wea…
Why Is Ice Slippery?
Why is ice slippery? Ice slippery? Oh, I don’t know, I couldn’t tell you that. Um, but you skate on it. I skate on it, but, uh, you know, that it feels pretty slippery, doesn’t it? It does feel slippery, but you would feel a different slipperiness to me …
Calculating atomic weight | Chemistry | Khan Academy
We have listed here. We know that carbon-12 is the most common isotope of carbon on Earth. 98.89% of the carbon on Earth is carbon-12, and we know that by definition its mass is exactly 12 atomic mass units. Now, that’s not the only isotope of carbon on …