Thursday, October 3, 2024

East Coast Longshoremen Strike

One of the things that the port workers want is protection from automation.  But, you can't fight automation, and it's a disadvantage to do so.  Other countries have already implemented more tech at their ports, and are more competitive.

All advancement and increases in living standards have occurred because of dynamic, innovative capitalism. Jobs are continually destroyed and new ones are created. Just think of the thousands of elevator operators and print press jobs from the early 20th century. Nobody is guaranteed a job. 

Jobs exist because they offer value. If automation can do your job better, than you're not in a value-added position. The only real security today (for both companies and workers) is the ability to change and find new ways to provide value.


© 2024 Praveen Puri