Volvo has recently unveiled self-driving garbage trucks in Sweden that are designed to be operated by only on single garbage collector. The trucks match the pace of the garbage collector to allow for differences in worker characteristics. This is just one of the many ways in which automation improves the efficiency of tasks.
Jake and Charles are sent to the US Postal Inspection Services to get help with a case they are working on that involves a mail key. There they meet Agent Jack Danger who identifies the key as being part of a set of old post boxes that are no longer in service. Jake and Charles want the list of people who were responsible for collecting they key and recommend that Agent Danger emails them the list. This clearly upsets Agent Danger since many of his friends were laid off because of the introduction of email.
A look back at a 1981 news segment that covers the Internet and the eventual push to online media. At the time, 8 newspapers were currently part of the network delivering their daily news via this system. The “paper” included all text, but not images or classifieds. Near the end of the segment, they predict that nearly all news will be delivered electronically, but that the time would be a few years away. The segment closes with a look at a newspaper salesman who would potentially become structurally unemployed when the need for physical papers vanishes.
Radio Shack was a huge part of Sheldon’s life because of all the great technology tools available. In this scene, Sheldon describes the benefits of having a new computer and tries to convince his mom to purchase one so that they can be more productive. A computer costing $998 in 1989 would be equivalent to about $2000 in 2018 dollars. Sheldon is not initially successful in convincing his mom.
While some technology gains are productivity enhancing, at the end of this episode, we see that the gains aren’t the same for everyone.
The Cooper Family decides to purchase a new computer after Sheldon convinces his mother about all the things it could do for the family. Sheldon shows his parents how their life is a bit easier because of the benefits of the computer. Not all of the members of the family experience the technology gains, but instead have gains in happiness.
Tim decides to customize his lawn mower in order to get more power out of it. By doing so he’s able to mow his lawn much quicker than he previous did. This technological innovation allows him to complete his task much quicker and spend more time on other tasks that need to be completed around the house.
Centel Cellular wanted to take customers in a bold new direction for communication. This ad is a lighthearted look at how far we’ve come since 1991. The amount of economic growth has been beyond most people’s imagination.
Paper products have a lot of substitutes with new tablets on the markets, but those tablets will never be able to replace some paper necessities.
Documentary about the many dangers lumberjacks face while doing their work. The impact of the technological advances of chainsaws over the last century in the lumber industry is also highlighted. Great discussion for capital/labor decisions plus scale/substitution effects when capital prices change.