FTBlunder:
Automation is all well and good, no doubt machines will be able to do our jobs far more efficiently than us in the near future, but since so much of our employment is in easily automated stuff, either there’s got to be a lot of other jobs to replace them that machines can’t do or our govt can look forward to an enormous dole bill.
Employee cost is now a third to half the cost of doing business for a transport company, there are roughly 80 Million people worldwide working in transport. No business owner is going to stand in the way of automating that. Imagine trucks running 24 hours a day, never needing a break, seven days a week and you can clearly see the cost benefit of self driving lorries.
Only those that keep their head stuck in the sand will be caught on the bread line, those that accept that the future is no longer the future and it is already here will adjust and benefit from this.
Governments need to adapt too and will probably tax the self driving lorries a bit more to make up for the shortfall of tax revenue generated by that driver. In the UK drivers are generally older and will retire soon, there already is a lack of young drivers entering the industry, which is good, makes the dole bill a bit cheaper once the self driving trucks start doing their job.
If an industry doesn’t have to employ 80 million people and can run their assets 24 hours a day 365 days a year it doesn’t really matter if it cost half a trillion to develop it will pay that back in 3 years.
The economic model speaks for itself, it is going to happen and rather sooner than many here think.
Just look at the company mentioned here, Otto. They were bought by Uber for 700 Million dollars, not for their assets, they got none. For their knowledge, peanuts compared to the possible returns.
Have a look at those self driving mining trucks, they can run a whole mine that used to take hundreds of workers with a couple of kids behind a few laptops. There are self driving cars/buggies in warehouses/offices/hospitals. Google, Ford and Uber run hundreds of them in the US.
Self driving vehicles are all around you. All the truck manufacturers are working on it and a majority of them have proof of concept trucks driving around.
There are already self driving forklifts that can offload a truck at the end of its journey and load it at the start. seegrid.com/products/
We humans are just a stop gap right now and only temporary.