Thinking back to this CGP Grey video and how I believed it at the time.
And now:
US trucker shortage means everything is more expensive
The trucking industry has been short drivers for years, but the pandemic made it worse. The shortage means the price of groceries and moving costs are going up. CNN's Vanessa Yurkevich reports.
Source: CNNBusiness
Interesting dynamic here that someone posted an article on the other day. Vehicle manufacturers need parts that have been proven to reliably last for decades, which you can’t do with a chip that came out last year. But chip manufacturers are competing for the cutting edge and trying to get their fab precision filed down nanometer by nanometer. Smaller architecture = more chips per run. So chip manufacturers are basically telling the car manufacturers to fuck off because they’re not about to build new facilities for products that are a decade old and therefore don’t include all the gains in efficiency they’ve poured R&D into.
The Invisible Hand is stroking it.