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
A Small Light | In Production Piece | National Geographic
Man: –take one. Director: Ready? And, action. Susanna Fogel: People tend to think that they know history, especially with very famous stories like Anne Frank’s story. But with Miep, you’re coming at it from a sideways angle that forces you to see it from…
Triangle missing side example
The triangle shown below has an area of 75 square units. Find the missing side, so pause the video and see if you can find the length of this missing side. All right, now let’s work through this together. They give us the area; they give us this side rig…
The Video Chat That Existed In The 1870s | How Sci-fi Inspired Science
You hear your phone. You look down, and what do you see? Incoming video call. After you hit the client, think about how commonplace video chats have become. For a long time, the idea of seeing someone from across the world was only in science fiction. So,…
Marriage Advice - Smarter Every Day 181
Okay, story time. About 15 years ago, I was just about to get married, and like in the tux is the whole bit. My dad looks at me, and he says, “Son, no matter what your wife makes to eat, you eat it, and you ask for seconds, no questions asked.” Well, a s…
Impeachment | Foundations of American democracy | US government and civics | Khan Academy
What we’re going to focus on in this video is the idea of impeachment: what it is and how it works, and with a little bit of historical background. So before we go into impeachment, let’s just review some key ideas about the US government. We have this i…
When This Number Hits 5200 - You Will be Dead
Wrapping your mind around your life is pretty hard because you’re up to your neck in it. It’s like trying to understand the ocean while learning how to swim. On most days, you’re busy just keeping your head above water, so it’s not easy to figure out what…