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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: bananaman22

In 25 years?

Once they get it working, it’ll be 95% done within 5.


41 posted on 11/14/2017 4:58:03 PM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: Moonman62

Because less than 30,000 would die but robots get to play blame the human for robot deaths, keeping the death numbers high. Robots are not about better safety, they are about Govt control, tracking humans, and eventually renting only car options.


42 posted on 11/14/2017 5:02:23 PM PST by TheNext
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To: TheNext

A lot of cars have GPS. Does the government require GPS data to be recorded on cars now?


43 posted on 11/14/2017 5:11:41 PM PST by Moonman62 (Make America Great Again!)
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To: Drango

we don’t have buggy whip manufactures.

not true

http://www.drivingessentials.com/Whips.php


44 posted on 11/14/2017 5:12:08 PM PST by mouser (Run the rats out its the only chance we have)
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To: bigdaddy45

Blow out it’s tires??


45 posted on 11/14/2017 5:13:25 PM PST by Osage Orange (Watch your six.)
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To: ETL

That last one has to have been designed by Luigi Colani.


46 posted on 11/14/2017 5:24:41 PM PST by SoCal Pubbie
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To: SoCal Pubbie

In post 36.


47 posted on 11/14/2017 5:26:17 PM PST by SoCal Pubbie
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To: bananaman22

“Goldman Sachs economists predicted that trucking will shed about 300,000 jobs per year starting in about 25 years.”

Truck driving jobs, at least intercity trucking jobs will disappear sooner than 25 years. We ca expect to see automated trucks on interstates within the next five years.

Truck drivers will be replaced by automation.


48 posted on 11/14/2017 5:28:49 PM PST by Joe Dallas
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To: Wally_Kalbacken

Those would be “Downstream Jobs.”


49 posted on 11/14/2017 5:28:49 PM PST by Joe Dallas
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To: TChad

Why do you think it would be easier to hijack or loot an autonomous truck?

Today, most truck hijackings are a result of collaboration between the human driver and the hijacker.

How does a hijacker collaborate with a machine?


50 posted on 11/14/2017 5:28:49 PM PST by Joe Dallas
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To: bigdaddy45

“How do you hijack an autonomous driving truck?”

You don’t have to hijack it. Just have 2 cars drive in front of the truck and stop, preventing the truck from moving.

Then either do one of two things:
1. Drop the trucks landing gear, detach the air and electric lines, pull the locking pin, then have the cars drive away so the truck can move again to it’s destination.
2. Drive a conventional truck next to the autonomous, take your Stihl or Husky cut off saw, cut the locks, open the doors and unload the cargo into the conventional truck.


51 posted on 11/14/2017 5:46:43 PM PST by CapnJack
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To: Moonman62

Once tax by mile passes, those states and applicable cars will privide the state with mileage and location data of your vehicle, contrary to 4th Amendment.

It will be enforced by insurance coercion, offering lower rates when accepting gps tracking tax by mile.

Map gps is commercial and separate from state gps. Black box is a second way the state is pushing car tracking. Under the guide of safety accident prevention, insurance companies will offer reduced rates when accepting black box tracking.

They are coming after you. I believe it just requires ONE brave people’s President to exec order car makers to offer tracking, gps free cars and buy them up while you can.


52 posted on 11/14/2017 5:50:06 PM PST by TheNext
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To: CapnJack

Better still put up orange cones, steer robot truck down a dirt road, put baby carriage in road, it must halt for babies, rehook trailer to a human truck, an empty trailer to the robot.

Drink Jack Daniels for 20 years.

Here goes the movie script.


53 posted on 11/14/2017 6:02:03 PM PST by TheNext
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To: Dick Bachert

Good one. If Google and others think these trucks won’t have a target on them they are crazy.


54 posted on 11/14/2017 6:26:47 PM PST by killermosquito (Buffalo, Detroit (and eventually France) is what you get when liberalism runs its course.)
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To: CapnJack

Wow. I stand corrected. I hope you’re using your powers for good! :)


55 posted on 11/14/2017 6:41:35 PM PST by bigdaddy45
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To: bigdaddy45
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.

Easy. You have the car in front of it stop, and a car on either side. Truck will just think it's heavy traffic, and it'll sit there. then you unload all the cargo, and drive away. The truck itself will never know!
56 posted on 11/14/2017 6:46:21 PM PST by Svartalfiar
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To: TheNext

Once tax by mile passes, those states and applicable cars will privide the state with mileage and location data of your vehicle, contrary to 4th Amendment.

...

Cars don’t have 4th Amendment rights.


57 posted on 11/14/2017 6:53:22 PM PST by Moonman62 (Make America Great Again!)
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To: TChad

Massive automation will be coming to jails as well, greatly lowering their cost. There won’t be as many criminals loose anymore. While that might be good, it will also be very bad as governments warehouse a far greater percentage of the population, particularly “deplorables” that annoy the government.


58 posted on 11/14/2017 7:06:55 PM PST by Reeses (A journey of a thousand miles begins with a government pat down.)
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To: central_va
Wait until they have to pay for all the sue cases. They might as well pay human drivers. I think it's ridiculous, unless every vehicle is human less and all of them are synchronized. What a mess.
59 posted on 11/14/2017 7:34:28 PM PST by Bellflower (Who dares believe Jesus?)
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To: Bellflower

80,000 pound trucks are never going to become robotic. Never.


60 posted on 11/14/2017 7:35:41 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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