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

#shorts How Will Robots Affect These Jobs?


less than 1m read
·Nov 7, 2024

Robots don't pay taxes or even spend money in the local communities. They should preserve their jobs. My question to you is, can they stop progress?

Uh, first of all, there's no evidence that that's true. There have been lots of studies on automation in ports, domestically and internationally. The trouble with East Coast ports is they're very old; they're very inefficient.

When you start to compare them against other international ports like Singapore and the other Asian ports, we're just not holding mustard up against them. And that's very bad for productivity and flow-through.

So we can't agree to that; we just got to let automation go where it goes because there is zero evidence on East and West Coast that if you automate and make it more efficient and more productive, that it hurts wages at all.

Indeed, it may even increase the actual pay you give to more employees that know how to use these robotic systems. So they become more engineer-oriented, it helps job creation, and helps value of wage growth.

More Articles

View All
Adding mixed numbers with like denominators
What we’re going to do in this video is to start thinking about adding mixed numbers. Now, just as a reminder, what a mixed number is, it’d be something like 3 and 2⁄8. It’s called mixed because part of the way we represent this number is as a whole numbe…
Escape Competition Through Authenticity
This reminds me of your tweet about escaping competition through authenticity. It sounds like part of this is a search for who you are. It’s both a search and a recognition because sometimes when we search our egos, we want to be something that we aren’t.…
Does Your Startup Need To Be In San Francisco?
We’re working together. We’re in the same room right now. Yes, we get to live in the same area, even though our personal decisions about where we live are wildly different. Yeah, very different lives. I don’t have a yard. I have kids too. [Music] All ri…
Peter Lynch: How to Turn $10,000 Into $100,000 in the Stock Market
The goal of this video is to help you find stocks that have 10x return potential. One of my favorite investors of all time, Peter Lynch, calls these type of stocks “10 baggers.” These are the type of investments that pay off so well that they make investo…
7 TYPES OF PEOPLE STOICISM WARNS US ABOUT (AVOID THEM) | STOICISM
You’ve probably heard the saying, “You’re the average of The Five People You spend the most time with.” Well, today we’re going to explore that idea through a stoic lens. Here we’ll go over the seven kinds of people who can sabotage your stoic philosophic…
15 Valuable Lessons You Learn After Your First Big Win
You know, everyone always talks about lessons you learn from failures and how important they are. But if all you have are failures, then maybe those lessons are incomplete. Today we’re going over 15 valuable lessons you only learned after your first win. …