Misunderstandings About Job Displacement in Trucking
Raj Venkatesan, a business administration professor at the University of Virginia Darden School of Business, believes that the risks of job displacement in the trucking industry are often exaggerated.
Autonomous Trucks and Safety Drivers
He clarifies that for the foreseeable future, even autonomous trucks will still require “drivers” present for safety purposes, such as handling mechanical issues or communicating with law enforcement during incidents on the road.
Uncertain Future of Displacement
Venkatesan states, “It’s not at all clear if displacement will even occur.” He suggests that for the next 5 to 10 years, the movement towards autonomy will likely involve having a co-pilot. In his analogy, it’s akin to a long-haul flight where the aircraft can be on autopilot but still requires a pilot.
Challenges for Established Businesses
For many long-standing trucking and logistics companies, the immediate focus should be on re-evaluating their operations to adapt to an increasingly technological landscape.
Need for Investments in Infrastructure
Christian Tang-Jesperson, a partner at ACME Capital, highlights that the introduction of autonomous trucks will necessitate further investments in tracking technology and optimizing routes.
Corporate Adoption Accelerating Growth
According to Syracuse University’s Prof. Penfield, the growth of autonomous trucking will likely gain momentum when major companies like Amazon, Walmart, and Costco incorporate this technology into their logistics.
Gradual Implementation and Skepticism Among Drivers
Industry experts caution that these advancements will not happen suddenly. John Verdon from Waymo emphasizes that the process will be gradual, focusing on safety and technological readiness. Many drivers remain apprehensive about the technology; for example, UK driver Craig Hoodless argues that the complexities of local roads will always necessitate human drivers. He states, “I don’t see it working,” pointing out that driverless trucks would struggle in tight, busy environments.
