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Goldman: Automated Trucks To Cost 300k Jobs Per Year
Oilprice.com ^ | 14-11-2017 | Jon

Posted on 11/14/2017 3:11:58 PM PST by bananaman22

While Google’s Waymo company has taken center stage for bringing self-driving cars to roads, autonomous trucking may make it to the mainstream first.

Silicon Valley startups, technologists, and venture capitalists see great potential in the technology—even more than most traditional trucking companies are supporting.

CB Insight, which tracks venture capital, reports that companies will place about $1 billion in commercial truck autonomous systems this year, 10 times the level of spending three years ago.

Goldman Sachs economists predicted that trucking will shed about 300,000 jobs per year starting in about 25 years. That may begin sooner than anticipated if automated trucking clears government hurdles and technology innovations—and becomes widely adopted by trucking companies.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Society
KEYWORDS: electrictruck; evs; gasoline; trucking
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To: TChad

Highway Shopping


21 posted on 11/14/2017 3:35:03 PM PST by butlerweave
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To: Scott from the Left Coast

So the bees have something to aim for.


22 posted on 11/14/2017 3:35:38 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: bananaman22

Will they be easier to hijack? A van load of cigarettes, pharmacuticals, or how about Viagra?


23 posted on 11/14/2017 3:36:34 PM PST by umgud
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Image result for driverless truck

Image result for future trucks

Image result for future trucks

Related image

Image result for future trucks

Image result for future trucks

Related image

Image result for future trucks

24 posted on 11/14/2017 3:39:32 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Nukes. See my FR page)
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To: central_va

I was involved with the BNSF Positive Train Control project. You’re absolutely correct.


25 posted on 11/14/2017 3:40:30 PM PST by Dalberg-Acton
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To: Scott from the Left Coast
Why would driverless trucks need windshields?

I guess in case they have to override the system, in case of malfunction or whatever.

26 posted on 11/14/2017 3:43:17 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Nukes. See my FR page)
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To: bananaman22

Not too worried.

After about the 3rd major “automated” accident, they’ll be back at the drawing board for another 3 years.


27 posted on 11/14/2017 3:46:35 PM PST by G Larry (There is no great virtue in bargaining with the Devil)
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To: TChad

What? How do you hijack an autonomous driving truck? There’s no steering wheel. There’s no gas pedal. You can’t “drive” it in the conventional manner. It goes where its programmed to go.


28 posted on 11/14/2017 3:46:49 PM PST by bigdaddy45
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To: txhurl

The funeral staff and florists will see only a temporary delay in their business,

But accident injury lawyers, auto body shops, traffic cops, and traffic courts will all be dramatically reduced.

Hate it for them! :)

Also, disabilty claims, disability lawyers, the list is long and none of it adds an ounce of wealth to the economy.


29 posted on 11/14/2017 3:48:12 PM PST by DannyTN
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To: bigdaddy45

Hijack is the wrong word. Maybe “loot” would be better. Blow out its tires or force it off the road, open it, take the stuff inside.


30 posted on 11/14/2017 3:50:46 PM PST by TChad
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To: bananaman22

We don’t have elevator or switchboard operators.
we don’t have buggy whip manufactures.

Disruptive technology is GOOD.


31 posted on 11/14/2017 3:51:08 PM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: bananaman22

We don’t have elevator or switchboard operators.
we don’t have buggy whip manufactures.

Disruptive technology is GOOD.


32 posted on 11/14/2017 3:51:11 PM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: bigdaddy45; TChad
How do you hijack an autonomous driving truck?

Image result for truck hijackers mafia

33 posted on 11/14/2017 3:54:51 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Nukes. See my FR page)
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Image result for truck hijack goodfellas
34 posted on 11/14/2017 3:58:38 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Nukes. See my FR page)
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To: bananaman22

There will not be automated cars or trucks. The road conditions and human drivers are too diverse to cope with.


35 posted on 11/14/2017 4:05:04 PM PST by minnesota_bound
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Image result for future trucks

Image result for future trucks

Image result for future trucks

Image result for future trucks

Image result for future trucks

36 posted on 11/14/2017 4:07:21 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Nukes. See my FR page)
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Image result for future trucks

Image result for future trucks

Image result for future trucks

37 posted on 11/14/2017 4:10:40 PM PST by ETL (Obama-Hillary, REAL Russia collusion! Uranium-One Deal, Missile Defense, Nukes. See my FR page)
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Comment #38 Removed by Moderator

To: bananaman22

The secret truth in Trucking is, it is now common that Drivers and Safety managers have shouting matches because the Robot Driving Gadgets are very unsafe putting the Driver’s life at risk.

Safety Managers are incredibly ignorant about technology, are constantly falsely accusing Drivers of the damage caused by their dangerous Gadgets instead. Truck driving is beyond a hostile workplace. Govt regulators are careless, Safety personnel are inept.

But, but, robots are the next utopia, I was told. LMAO

Shouting matches are now common. If the Driver is not shouting at safety, he is their next blame victim for the faulty robot.


39 posted on 11/14/2017 4:44:49 PM PST by TheNext
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To: bananaman22

When the salesman says the gadget is an ANTI-COLLISION device, correct them, instead call it a PRO-COLLISION device.

They just randomly choose which faults to hide.


40 posted on 11/14/2017 4:52:28 PM PST by TheNext
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