A Theory

Discussion in 'Economics' started by nitro, Sep 2, 2016.

  1. Handle123

    Handle123

    Most of trucking is non-union now, and although GPS would be more cost effective, most trucks have Qualcomm computers and those have delays all the time, specialized Trucking GPS units to keep you headed in right direction fail to work at times putting drivers on wrong roads due to changes in weight restrictions or low bridges or snow bridges like in New York City(bridges say they are 12'6" so many new drivers are unaware this means underpasses are based on winter conditions and are really 13'6" plus when snow not present). Some of GPS units will put truck in middle of rivers. I doubt truckstops will be going back to filling up trucks with fuel when they run low nor I doubt they going to add extras for non-human trucks, really not great deal of profit for them in selling fuel, they make more in selling cup of coffee than gallon of diesel. Then of course the hackers will be messing with them like mad, stick a pail on top of GPS unit, and truck goes nowhere. Also, there are many many cities where people actually try to get hit by a truck, usually the cities where every commercial break there is lawyer hawking his services with commercial yelling "Have you been hit by a truck", trucks can't stop on dime and dumb people cut in front and even though trucks now equipped with ABS and sonar, automated breaking on some, 80,000lbs can't stopped in less than football field from 60mph, people think they be tapped by the truck but often times the truck will crush all of them to death.

    I have driven truck over one million safe miles, trucking industry making them safer all the time, within two years of all logging will be electronic which will increase wages for many, but there is huge amount of people unwilling to do the job as many youth don't want to work and many people unwilling to leave home for weeks at a time., but when I did it, found it calming and plenty of time to day trade and longer term as well. But for married driver with kids, very hard life, of course great way to get away from that as well, LOL.
     
    #31     Sep 25, 2016
  2. clacy

    clacy

    I don't know about in your area but the cops that I see aren't donut eaters like they may have been in the past. Most of these guys look like they lift weights 2 hours a day.

    But I love the police in my area. They keep the riff raff out of my bubble suburb.
     
    #32     Sep 25, 2016
  3. Humpy

    Humpy

    This new driver less tech must be welcomed by Capitalists.That's millions of wage packets saved so the bosses can pay themselves extra millions. What the newly unemployed are going to do instead remains to be seen.
    This tech may have to be restrained to stop social unrest on a big scale.
     
    #33     Sep 26, 2016
  4. piezoe

    piezoe

    This does not sound like the kind of Free Market Milton Friedman was talking about! What happened.
     
    #34     Sep 28, 2016
  5. clacy

    clacy


    You don't realize it, but Arnold's tweet actually proves the opposite of what you're hoping it does.

    It's the antiquated government involvement using a medallion system to limit the number of taxis that caused the bubble in medallion prices.

    I feel horrible for the guys that bought medallions in the last 10 years, but there is no reason these city governments should have limited competition in the first place.

    Why make those that don't have a vehicle pay multiples for what it should actually cost to get a ride by limiting competition?

    For example, on a recent business trip, I took a taxi from the airport to my hotel. $90 (pre-tip). I used Uber on the way back to the airport 3 days later. It was $33 (pre-tip).

    The Uber driver was a semi-retired blue collar guy. He said Uber had changed his life because now he's making $200/day just driving for a few hours. His son uses that same car when he's not working as a part time income and earns $400-500/wk.

    They're saving customers money, and loving their income, the business model, etc.

    Not to mention in my recent example..... A couple of clicks on my phone (maybe took 20 seconds), and 10 min later I have an Uber show up at 4:45am, way out in the burbs where in the past it would have taken at least 30 min and a couple of phone calls to get a cab.
     
    #35     Oct 21, 2016
    piezoe likes this.