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Re:Uber self-driving trucks are now moving cargo for Uber Fr... by sol_remmy on Tuesday March 06, 2018 @12:13PM (#16530177)
Absolutely. Automated trucks will allow shipping costs to be much cheaper which will stimulate the economy in 1000 different ways
Re:Uber self-driving trucks are now moving cargo for Uber Fr... by maxerickson on Tuesday March 06, 2018 @02:33PM (#16531350)
Shipping is already cheap. Especially bulk shipping.
Re:Uber self-driving trucks are now moving cargo for Uber Fr... by nerfhammer on Tuesday March 06, 2018 @06:48PM (#16533214)
transportation costs add to the cost of literally everything
Re:Uber self-driving trucks are now moving cargo for Uber Fr... by maxerickson on Tuesday March 06, 2018 @07:00PM (#16533261)
Of course, but the point is that they don't actually add all that much cost. It's a few percent. A nice gain if it goes away, but not something that is going to fundamentally change the economy.
Re:Uber self-driving trucks are now moving cargo for Uber Fr... by nerfhammer on Tuesday March 06, 2018 @08:24PM (#16533643)
A few percentage points on the entire economy? Not good enough?
Re:Uber self-driving trucks are now moving cargo for Uber Fr... by jaf656s on Tuesday March 06, 2018 @07:04PM (#16533281)
What percentage of a trucking company’s costs do you think are paid to the driver?

It won’t lower shipping costs that much.

Re:Uber self-driving trucks are now moving cargo for Uber Fr... by kevan on Wednesday March 07, 2018 @01:21AM (#16534612)
There's plenty of surveys on this[1]. In this one driver wages and benefits make up around 40% of total cost per mile. That's why self-driving trucks are so lucrative.

[1] PDF warning, see page 23 http://atri-online.org/wp-content/uploads/2016/10/ATRI-Opera...

Re:Uber self-driving trucks are now moving cargo for Uber Fr... by jaf656s on Wednesday March 07, 2018 @04:11PM (#16539932)
This is a great resource, but there are a few things wrong:

1. Fuel prices were low in 2015 and have been rising since then, so 39% of marginal costs is likely a peak.

2. The chart you referenced is only for marginal costs, and doesn't include fixed costs associated with a trucking company. The actual percentage of driver pay to the overall operating cost of a trucking company will be lower once fixed costs are factored in.

3. Automated truck companies will also want to capture a fraction of that 30-40% that is paid to drivers.

So in the end, shipping costs will likely drop in the 10-20% range, which is substantial, but it isn't enough to be revolutionary.

My point wasn't to the value created by having automated trucks, but to counter the point that shipping costs would drop significantly.

Also, since shipping costs are a small percentage of the price of most consumer goods, everyday purchases will not be affected much either.

Re:Uber self-driving trucks are now moving cargo for Uber Fr... by knieveltech on Tuesday March 06, 2018 @12:47PM (#16530471)
"Stimulate the economy" and "provide prosperity" correlate only very weakly, if at all.
Re:Uber self-driving trucks are now moving cargo for Uber Fr... by eeZah7Ux on Tuesday March 06, 2018 @01:14PM (#16530703)
"Stimulate the economy" and "provide prosperity to some billionaires" correlates very well. :-/
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Re:Uber self-driving trucks are now moving cargo for Uber Fr... by sctb on Wednesday March 07, 2018 @05:47PM (#16540707)
If you want to avoid downvotes from “the hivemind”, you'll have to post more substantively.

https://news.ycombinator.com/newsguidelines.html