Message from @Tiberius
Discord ID: 629823718285115432
But, payroll doesn't have the spare cash laying around to invest in all-new trucks all at once.
Forgive me for finding it laughable theybwouldnt take that 68 billion
That money is constantly in motion.
Yes they do
Again
This company nets 1 billion a year in profits
They could replace the entire fleet if they so desired
That 68 billion is currently dispersed in your bank, your mouth, your toilet, and maybe there's some in their books.
I dont think you caught when I said net
After company expenses knight profits 1 billion
their investment in their workers still outnumbers their net profits 68 to one.
I dont think your math is correct
I said trucking companies accross the board would save 68 billions
As in collectively
Not singularly
Knight certainly doesnt expend 68 billion per year
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.
They dont front r&d tho
The manufacturer does
You need people to MAKE the automation in the first place.
THOSE people don't have billions to throw around, their business is making the current functional trucks.
Making parts and stuff.
Their business is making the next functional truck
Yes they do have the funds to throw around for R&D
Because that is what they are doing
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.
Volvo right now is testing truck AIs
You're scared of a phantom.
And I am telling you thats incorrect
How many of those things could they pump out?
Production lacks because the technology is in development
And you seem to be positing your argument as if you think I am saying this is going to happen tommorrow, or overnight
I am not
I am saying in the next 5-10 years most jobs in retail, food service, transportation, and office administration will be automated
That's what they've been saying since the Jetsons.
Robots cost more than minimum wage.
They used to
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.
Minimum wage isnt the only cost of an employee
They're not replacing people with robots, they're cutting people for touchscreens