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
Uncle Tom's Cabin part 2
So Becca and I have been talking about Uncle Tom’s Cabin, which is this book from the 1850s that Abraham Lincoln actually said started the Civil War. So how did this book start a war? In this video, we’ll tell you a little bit more about the plot. Um, bu…
$26,000 GOVERNMENT GRANT (Employee Retention Credit)
Why does nobody know about the employee retention credit? I want you to get this money. You’d be crazy not to get this. Instead of the car, it’s cash; it’s your cash you paid this. It pays up to twenty-six thousand dollars per employee that was on the W1 …
Addition and subtraction with number lines | 2nd grade | Khan Academy
[Voiceover] Which number line shows 47 plus 22? Let’s see, in this first number line we’re starting at 47, then we add 20 to get to 67. And then we add two to get to 69. So if you add 20, and then you’re adding two, you’re adding 22. So this one seems r…
Mule Mayhem | Live Free or Die
Oh, oh, damn it! Oh, God damn it! Hold, hold, hold! Damn it! Goddamn mules! Hold! No, you hold! Too much traffic, motorcycles, bicyclists—everything was too much for the mule. And once he started plunging down that hill and the jugs were hitting the bush…
Exploring the Glaciers of Snoqualmie National Forest | National Geographic
Nature, the most powerful creative force on earth. (intense orchestral music) I’m Chef Melissa King. Cooking has taken me to incredible places. Magical. From TV competitions and celebrity galas to countries around the world. I’m heading out to places I’ve…
Beaker Ball Balance Problem
Here is the set up. I have a balance and two identical beakers, which I fill with exactly the same amount of water, except in one of the beakers there is a submerged ping pong ball tethered to the base of the beaker. And in the other there is an identical…