Andrew Yang: Universal Basic Income and the Automation Crisis Remaking America

Andrew Yang traces his path from failed entrepreneur to 2020 presidential candidate driven by a single realization: automation has already destroyed millions of American jobs, and the next wave will be exponentially worse. Through his work with Venture for America, he witnessed firsthand the economic devastation in Detroit, Ohio, and the Midwest—where automated manufacturing jobs created the conditions that elected Donald Trump. Yang argues that artificial intelligence will soon eliminate truck driving, retail, call centers, and even white-collar professions like law and accounting. His solution is Universal Basic Income—a $1,000 monthly Freedom Dividend for every American adult, funded by a Value Added Tax on tech companies. He dismantles objections about affordability and work ethic, revealing how the policy would grow GDP by $2.5 trillion, create 4.5 million jobs, and transform America into a human-centered economy before technological displacement pushes society off a cliff. Hosted on Acast. See acast.com/privacy for more information.