Message from @Tiberius

Discord ID: 629823718285115432


2019-10-04 23:30:53 UTC  

But, payroll doesn't have the spare cash laying around to invest in all-new trucks all at once.

2019-10-04 23:30:58 UTC  

Forgive me for finding it laughable theybwouldnt take that 68 billion

2019-10-04 23:31:01 UTC  

That money is constantly in motion.

2019-10-04 23:31:01 UTC  

Yes they do

2019-10-04 23:31:03 UTC  

Again

2019-10-04 23:31:14 UTC  

This company nets 1 billion a year in profits

2019-10-04 23:31:34 UTC  

They could replace the entire fleet if they so desired

2019-10-04 23:31:37 UTC  

That 68 billion is currently dispersed in your bank, your mouth, your toilet, and maybe there's some in their books.

2019-10-04 23:31:50 UTC  

I dont think you caught when I said net

2019-10-04 23:32:14 UTC  

After company expenses knight profits 1 billion

2019-10-04 23:32:23 UTC  

their investment in their workers still outnumbers their net profits 68 to one.

2019-10-04 23:32:45 UTC  

I dont think your math is correct

2019-10-04 23:33:00 UTC  

I said trucking companies accross the board would save 68 billions

2019-10-04 23:33:04 UTC  

As in collectively

2019-10-04 23:33:08 UTC  

Not singularly

2019-10-04 23:33:18 UTC  

Knight certainly doesnt expend 68 billion per year

2019-10-04 23:33:49 UTC  

Just from what you've told me, not counting insurance, which could easily exceed a hundred billion, the manufacturing and R&D alone would cost several billion and it's not even on the lot.

2019-10-04 23:34:11 UTC  

They dont front r&d tho

2019-10-04 23:34:15 UTC  

The manufacturer does

2019-10-04 23:34:18 UTC  

You need people to MAKE the automation in the first place.

2019-10-04 23:34:35 UTC  

And those people are far outnumbered by the jobs they are automating

2019-10-04 23:34:42 UTC  

THOSE people don't have billions to throw around, their business is making the current functional trucks.

2019-10-04 23:34:56 UTC  

Making parts and stuff.

2019-10-04 23:35:13 UTC  

Their business is making the next functional truck

2019-10-04 23:35:28 UTC  

Yes they do have the funds to throw around for R&D

2019-10-04 23:35:33 UTC  

Because that is what they are doing

2019-10-04 23:35:44 UTC  

I'm not saying that the job growth will be in the actual production, I'm saying there's a distinct lack of production of the things that would threaten your job.

2019-10-04 23:35:45 UTC  

Volvo right now is testing truck AIs

2019-10-04 23:35:49 UTC  

You're scared of a phantom.

2019-10-04 23:36:02 UTC  

And I am telling you thats incorrect

2019-10-04 23:36:07 UTC  

How many of those things could they pump out?

2019-10-04 23:36:20 UTC  

Production lacks because the technology is in development

2019-10-04 23:36:42 UTC  

And you seem to be positing your argument as if you think I am saying this is going to happen tommorrow, or overnight

2019-10-04 23:36:44 UTC  

I am not

2019-10-04 23:37:24 UTC  

I am saying in the next 5-10 years most jobs in retail, food service, transportation, and office administration will be automated

2019-10-04 23:37:38 UTC  

That's what they've been saying since the Jetsons.

2019-10-04 23:37:55 UTC  

Robots cost more than minimum wage.

2019-10-04 23:38:44 UTC  

They used to

2019-10-04 23:38:48 UTC  

I do agree that simply cutting people out of the equation with no replacement other than "do it yourself" will be a net loss for everyone.

2019-10-04 23:38:54 UTC  

Minimum wage isnt the only cost of an employee

2019-10-04 23:39:10 UTC  

They're not replacing people with robots, they're cutting people for touchscreens