Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

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
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-65 last
To: Moonman62

“effects” - 4th Amend

def: items of property

aka Car

FR challenges me to review definitions.


61 posted on 11/14/2017 7:39:00 PM PST by TheNext
[ Post Reply | Private Reply | To 57 | View Replies]

To: Moonman62

I found your post to be abstruse in the extreme. Could you elucidate?


62 posted on 11/14/2017 8:09:22 PM PST by Dick Bachert (Why are damn near ALL the SEX FIENDS Democrats?)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Moonman62

I found your post to be abstruse in the extreme. Could you elucidate?


63 posted on 11/14/2017 8:09:37 PM PST by Dick Bachert (Why are damn near ALL the SEX FIENDS Democrats?)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Joe Dallas

As I said in post #30, hijack was the wrong word. It would be easier to loot an autonomous truck because it can’t legally be defended with lethal force.


64 posted on 11/14/2017 10:28:08 PM PST by TChad
[ Post Reply | Private Reply | To 50 | View Replies]

To: bigdaddy45
"Wow. I stand corrected. I hope you're using your powers for good!:)

Of course I am. I wouldn't do anything illegal.


65 posted on 11/15/2017 2:49:25 AM PST by CapnJack
[ Post Reply | Private Reply | To 55 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-65 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson