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Andrew Yang on the path to UBI, the explosion of AI, and optimism for the future

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Forward with Andrew Yang

Forward with Andrew Yang

Күн бұрын

Carly Reilly sat down with Andrew at the 2024 Hudson Valley Ideas Festival for a wide-ranging conversation on Universal Basic Income and alleviating poverty, political reform, and AI. How did an Onion article inspire his efforts to push for UBI? Did COVID stimulus checks really cause inflation? What did Andrew get wrong on AI, if anything? And at heart, is Andrew an optimist or a pessimist?
00:00:00 - Intro
00:00:43 - Child Poverty & UBI
00:07:45 - Avoiding a Political Football
00:12:03 - Can Our Systems Be Improved?
00:18:03 - Case Study: Alaska
00:22:42 - Star Trek or Mad Max?
00:24:48 - AI, Automation & Prosperity Squandered
00:31:02 - New Types of Economies
00:34:37 - Is Andrew Optimistic?
00:37:45 - The Idea for Hudson Valley Ideas Festival
00:40:10 - What Resources Do We Collectively Own?
00:44:27 - The Role of Entrepreneurs
00:49:31 - Can RCV Work at the Local Level?
00:53:00 - Does RCV Lead to UBI?
00:57:06 - Thoughts on High Speed Rail
00:59:38 - Can We Have Elections Without Primaries?
01:02:27 - Changing the Incentives
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Пікірлер: 249
@ForwardPod
@ForwardPod Ай бұрын
Send us your questions! Leave a comment below or email your question for Andrew to mailbag@andrewyang.com!
@faceofdead
@faceofdead 2 ай бұрын
Yang was ahead of its time and the presidential campaign. The world needs more analytical, science based politicians. Yang Gang 2024!!!
@tchadcarby8439
@tchadcarby8439 2 ай бұрын
1000% agree!!!!!
@bollweevil8112
@bollweevil8112 2 ай бұрын
Nah, you probably don’t remember Ralph Nader & his campaigns. Yang is decades late, and so is our country
@churblefurbles
@churblefurbles 2 ай бұрын
@@bollweevil8112 and he had nothing to lose and unlike Vivek held his tongue, weak.
@cryptohodler824
@cryptohodler824 2 ай бұрын
i listen to his argument in 2020 and is idiotic, because UBI of 1000$ a month will not solve anything. Can you please as i asked in 2020 explain to me what will people who lose their jobs do with 1000$, how will they live and put food on their table, school their kids, or anything. JESUS 1000$ is idiotic, it would solve nothing, only increase inflation more. UNDERSTAND Dollar would be devalued and economy would go in turmoil, this program he wants to implement cost trillions, it would only cause incredible inflation , what happened in COVID, his logic and argumentation is wrong. His solution is idiotic.
@cryptohodler824
@cryptohodler824 2 ай бұрын
and worst of all you only drive inflation and cost, and you do not help people that lost their job, because with 1000$ a month you can not live , you can not endure a month and have a life with 1000$. So you solve nothing, but add a different problem, increase american debt, drive inflation and destroy dollar. GOOD LUCK WITH BRAINS LIKE THESE, JESUS.
@MrMongoose30
@MrMongoose30 2 ай бұрын
Thank you Andrew for not giving up and continuing to fight to make our country a better place.
@lorn4867
@lorn4867 2 ай бұрын
He cares so much. ❤ He is warning everyone because he cares.
@alexanderclaylavin
@alexanderclaylavin 2 ай бұрын
We are still a part of something big. Do what you can from where you are. Andrew doesn’t quit and neither can we.
@HariOm-dp7um
@HariOm-dp7um 2 ай бұрын
Andrew Yang is the Best
@vondoromal7016
@vondoromal7016 2 ай бұрын
Ladies and gentlemen, the host is the awesome Carly Reilly. She was Andrew Yang's capaign finance person. Indeed, this is a #YangGang reunion!
@MatchaCocoaDog
@MatchaCocoaDog 2 ай бұрын
We need UBI now more than ever! Things are getting pretty dire and more people are living paycheck to paycheck.
@JodiHummel-ty7bu
@JodiHummel-ty7bu 2 ай бұрын
Yeah this is what they want. We have more than ever, it doesn’t make sense, unless we have so much and the people on top know. UBI existed during the Great Depression… this all bull shit
@luadiva
@luadiva 2 ай бұрын
As a YangGanger from 2020, I've really missed this.
@tchadcarby8439
@tchadcarby8439 2 ай бұрын
Exactly!!
@europa_bambaataa
@europa_bambaataa 2 ай бұрын
It's crazy to see how sharp Andrew still is. He's still doing the damn thing. I still miss having a hero on the national stage though.
@tkiansoon
@tkiansoon 2 ай бұрын
This video definitely long overdue. We enjoyed so much your speech and always looking forward to your inspiring ideas and most optimistic politician I knew in our most darkest democracy era. I know politician in our country has bad label but it doesn’t need to be and politicians should be proud of what they do by helping each other.
@shak535
@shak535 2 ай бұрын
I firkin love this guy
@ddj2010
@ddj2010 2 ай бұрын
Was just shouting that at my screen!
@coppersense999
@coppersense999 2 ай бұрын
Okay East Coast, take it easy with the 5 am premieres please. Sorry if I missed a livestream, but applaud the consistent, practical optimism of Andrew Yang, and especially the wife and family who ground and support him, making his success not only real but meaningful. Much love.
@iliketacos6067
@iliketacos6067 2 ай бұрын
stream at 9pm so the west coasters can watch for dinner
@tchadcarby8439
@tchadcarby8439 2 ай бұрын
When I miss the live stream I cut and paste a live screen text over the video and pretend am watching it live 🥲
@coppersense999
@coppersense999 2 ай бұрын
@@tchadcarby8439 lol
@funwisely
@funwisely 2 ай бұрын
This GUY - AY is simply the Best 👌 and America 🇺🇸 missed him as President. Dark Times in the History of USA 🇺🇸
@Limitless1717
@Limitless1717 Ай бұрын
Andrew Yang, you are an inspiration to us all ❤
@TruNGenius
@TruNGenius 2 ай бұрын
Yang has great ideas and data to back it up. Sensible and concise policy ideas. We need him but majority of America isn't ready. I imagine if him and Vivek were to team up it could bring enough support from both parties to bring impactful change. One can dream!
@Photik
@Photik 2 ай бұрын
Viveks policies when running were very extreme, I would say.
@androidandroid2966
@androidandroid2966 2 ай бұрын
Vivek supports Trump. Can’t get past that.
@etherealtalion
@etherealtalion 2 ай бұрын
Vivek would be a nice bridge to bring more right wing voters more to the middle though! Also was the best of the right wing candidates IMO
@StarfleetUnderground
@StarfleetUnderground 2 ай бұрын
Thank you so much, Andrew for trying to get us UBI/Freedom Dividend. We need it so much, but when people get stuck in a cycle of survival, it is really hard to do anything else. I feel like a lot of poor people are experiencing learned helplessness.
@thesean3194
@thesean3194 2 ай бұрын
Whomever gets AY on their cabinet has a forward thinking advocate.
@suebowman7258
@suebowman7258 2 ай бұрын
I learned about UBI from Andrew Yang in 2019. I would love to see Andrew and RFKJr together interview.
@Nitrotix1
@Nitrotix1 2 ай бұрын
+1 for this, they would have a thoughtful, productive conversation.
@vondoromal7016
@vondoromal7016 2 ай бұрын
+2 here!
@tchadcarby8439
@tchadcarby8439 2 ай бұрын
Am writing up a SUPER proposal to make that interview happen!!
@peterbelanger4094
@peterbelanger4094 2 ай бұрын
here's the problem... UBI can be used to control the population. Tell us Mr Yang, how is UBI not going to lead to tyranny? because we all know the WILL be strings attached, there always are, those who crave control can't resist it.
@emerraldx
@emerraldx 2 ай бұрын
nah, man #YangGang isn’t on the conspiracy train 🧢 about all about changing the incentives and fact based policies
@TimBitts649
@TimBitts649 2 ай бұрын
Yang should push more what he knows: the whole history of how Republicans invented UBI. It was in the early 1960s. In books by Milton Friedman, top economic guy for Ronald Reagan. We called it "Negative Taxation". It wasn't ready when Richard Nixon took a look at it. It will be ready, soon. The easiest way to sell something to someone is to convince them their side invented it....which happens to be the truth. Now is the time for extreme intellectual generosity.
@happios
@happios 2 ай бұрын
He said that many times during his presidential run.
@MrSteeDoo
@MrSteeDoo 2 ай бұрын
Most people don't even understand basic taxes. What makes you think will understand UBI.
@burnindownthehouse
@burnindownthehouse 2 ай бұрын
I agree with what you are saying, but I am not quite sure this batch of modern day Republicans will support it. I believe some will but most won't. But that doesn't mean they will always reject it. They might come around after they see the consequences of AI on human employment and the overall economy.
@bradleyhasse5220
@bradleyhasse5220 2 ай бұрын
A man ahead of his time! We love AY!!
@drsmetal2747
@drsmetal2747 2 ай бұрын
If Americans vote for the right policymakers. It's possible.
@AliasHSW
@AliasHSW 2 ай бұрын
Love that AY throws out the “Fbomb” and “A-Hole” here and there plus all the while being artfully concise and articulate.
@AliasHSW
@AliasHSW 2 ай бұрын
#AI and #robots will not kill you; but will take your lunch money. Time for the #FreedomDividend (#UBI) #securethebag
@tchadcarby8439
@tchadcarby8439 2 ай бұрын
I completely forgot about the #Securethebag
@sulljoh1
@sulljoh1 2 ай бұрын
Carly is the best We're cheering for Zach and Carly!
@SadParting97
@SadParting97 2 ай бұрын
You will prevail Andrew. I know you will be president in our near future. It is your destiny.
@ProphetYoda
@ProphetYoda 2 ай бұрын
How? Joe Biden is the only option 2024 and joe has openly spoke against UBI. And of course trump won’t do it.
@tootspogsforever5590
@tootspogsforever5590 25 күн бұрын
Keeping my fingers crossed 🤞
@orangesunlabs
@orangesunlabs 2 ай бұрын
Love you man, thank you for the clarity as always, I voted for you!
@gptiede
@gptiede 2 ай бұрын
Giving money to any specific group of people, even if it is the parents of children, will always face steep oppositions because it is not "fair". It is taking money from certain people even if they don't have lots of money, and giving it to others. This goes directly against the principles of fiscal conservatives, libertarians, and others. A UBI on the other hand gives money, equally, to everyone and only takes it (net) from the rich. That is probably why it polls so high.
@JSchlo401
@JSchlo401 2 ай бұрын
Andrew Yang for President 🇺🇸
@Charvak-Atheist
@Charvak-Atheist 2 ай бұрын
I hope AI takes all the job as soon as possible, And UBI like system gets implemented.
@vallab19
@vallab19 2 ай бұрын
I am a long supporter of an equitable UBI since the beginning for a fundamental reason. "Labour relations compelled on people in order to obtain their means of subsistence is the root of most of the evils in human society. Therefore along with the technological progress the working hours should be reduced to Zero", claims the Reduction of Working Hours Theory published in 1981. Therefore the UBI will make the human society free from most of those crimes including the crimes of sexuality.
@griffshark
@griffshark 2 ай бұрын
Great job Carly! This was a great discussion.
@ChristineCircelli-go2yw
@ChristineCircelli-go2yw 2 ай бұрын
Thank you.
@profoundpronoun4712
@profoundpronoun4712 2 ай бұрын
Love ya Andrew #Yanggang
@skillsandhonor4640
@skillsandhonor4640 2 ай бұрын
fantastic video
@DaganOnAI
@DaganOnAI 2 ай бұрын
The problem with Yang's UBI idea is that it is only directed at the American economy, while the big AI companies are mostly American and therefore they will influence and extract most of the wealth from the rest of the world, thus making the economic impact of AI a global problem. You can tax OpenAI in America by 99% of its income, but how would a country which does not have a big AI company, let's say Finland, can implement UBI, who would it tax? let a lone in a case where AI would stay close source?
@trevinbeattie4888
@trevinbeattie4888 2 ай бұрын
You have a good point. Most if not all of the biggest companies using robots and A.I. are multi-national, so all countries that they do business in should tax them according to the revenues they get from that respective country in order to fund their UBI programs.
@vondoromal7016
@vondoromal7016 2 ай бұрын
28:45 This is why Supply Side economics incetivizes crony capitalism. Demand Side economics, paved by UBI, never leaves people behind where the money is inverted to giving people money and corporations/ institutions must earn!
@AliasHSW
@AliasHSW 2 ай бұрын
Tax the robots!
@user-dj6hu9gq4t
@user-dj6hu9gq4t 2 ай бұрын
Tax the oligarchs.
@mlbonfox8199
@mlbonfox8199 2 ай бұрын
Why do u wanna feed the government
@AliasHSW
@AliasHSW 2 ай бұрын
@@mlbonfox8199 tax to robots to fund UBI. Put the money in our hands!
@HagiaFantasia
@HagiaFantasia 2 ай бұрын
We need ubi badly, and we can't keep waiting years for an election for help😢
@joebidenw4385
@joebidenw4385 Ай бұрын
I think by 2030 we will have serious candidates running for office who wants to bring UBI, UBI will become a necessity
@Timeus
@Timeus 2 ай бұрын
Yang bucks 😂
@AquarianSoulTimeTraveler
@AquarianSoulTimeTraveler 2 ай бұрын
Just as we have buses driving through the city picking up people we should have buses that drive up and down major highways stopping at different exits along the way to let people on and off but you have to use a phone and schedule a pickup a few minutes beforehand.
@richardwillford2418
@richardwillford2418 2 ай бұрын
Andrew Yang is too smart for the American public, too straight for the political establishment and too genuine for the media.
@elmaikitofficial
@elmaikitofficial 2 ай бұрын
Run for president again 🎉🎉
@marlenesoifer7219
@marlenesoifer7219 2 ай бұрын
Shallow, leaders simply NOT WANT ANY CHANGE
@DOGB14
@DOGB14 2 ай бұрын
This is true, they have decided to hamstring humanity in order to keep their Mansions and private Jets.
@AquarianSoulTimeTraveler
@AquarianSoulTimeTraveler 2 ай бұрын
Literally all we have to do is calculate how much tools have helped us increase production of goods and services in the economy and calculate how many humans it would take to reproduce that total amount of goods without those tools and base our total automated production percentage of the GDP off of that amount... this way as we increase automated production we can get more Universal basic income... this is a scalable system that can work with or without automation because just tools themselves have increased our production percentage and have gotten rid of human jobs...
@bradleyhasse5220
@bradleyhasse5220 2 ай бұрын
Let’s go!!!!
@jakecooper398
@jakecooper398 2 ай бұрын
I'm a msw student and my husband is a michigan state representative. How can I get involved?
@mstewie08
@mstewie08 2 ай бұрын
Lol, I came independently to the same conclusions regarding the parallel currencies. No reason we can't create economic arenas that don't interfere with civilian life, and fund through credits of sorts, agrarian, artisan, and communal living situations that still have access to the greater society at large. My framework would have regulation tied proportionally to impact, and focus on growth without loss. Being able to grow while maintaining or improving the quality of the environment/human condition. I fear the entitlement of many greedy people will be the resistance factor, and can only hope we as a species can overcome it.
@tylerwood9585
@tylerwood9585 2 ай бұрын
It would be great to have you and RFK Jr have a long form discussion.
@suebowman7258
@suebowman7258 2 ай бұрын
Agreed!
@jkreimborg
@jkreimborg 2 ай бұрын
Not really
@Mor4me
@Mor4me 2 ай бұрын
I believe that this is a very good idea 👍🏽
@Cris-ic2ze
@Cris-ic2ze 25 күн бұрын
He needs to run for president again 🌍🇺🇲💸💸💸
@pauldannelachica2388
@pauldannelachica2388 2 ай бұрын
❤❤❤❤❤❤
@DOGB14
@DOGB14 2 ай бұрын
Coulda had Yang!
@IanMott
@IanMott 2 ай бұрын
Where have you been?
@AquarianSoulTimeTraveler
@AquarianSoulTimeTraveler 2 ай бұрын
VAT is ok but the best thing is a automatic flat tax and if you have a Ubi on blockchain with proof of work issued on a government issue debit card that can't be reloaded by the user you can make it completely tax-free for the end user because it's basic income as long as they spend it on the card that it's issued on it remains tax-free but if they pull out cash then cash is taxed and that way no one's going to want to pull out cash they would rather just use it on the card which incentivizes a basic level cash free economy. This system makes a automatic flat tax possible.
@bpaperu
@bpaperu 2 ай бұрын
How do you choose the 5 candidates to participate in the general? Also via ranked choice voting?
@bollweevil8112
@bollweevil8112 2 ай бұрын
“Crashing the Party “ by Ralph Nader about his 2000 campaign and the obstacles he faced in such a corrupt system
@trevinbeattie4888
@trevinbeattie4888 2 ай бұрын
They way Alaska’s system was set up, they have a “top four” open primary in which any number of candidates can run and all voters can choose a single candidate from that list regardless of party affiliation. The four candidates who receive the most votes will advance to the general election. Then in the general election, voters rank the four candidates in order of preference. After the ballots are collected, in the first round only their first choices are counted. If a candidate recieves more than 50% of the votes, the win; otherwise the candidate receiving the _fewest_ votes in that round are eliminated. (This can be detrimental if they were the 2nd choice of voters who preferred a candidate who is not the ultimate winner - see Alaska’s 2022 congressional election. This is known as the “spoiler effect”.) In the next round voters whose preferred candidate was eliminated have their next choice counted (unless they didn’t list any other choice, in which case their ballot is “exhausted”), and it repeats until one of the remaining candidates has a majority of the remaining votes. Another of the caveats in RCV is that if a voter gives two candidates the same rank, or if they skip a rank (e.g. ranking candidates as 1, 2, and 5), their ballot is discarded as invalid.
@markmuller7962
@markmuller7962 2 ай бұрын
UBI will give disappointing results without huge investments in mental health
@Mk-vi5jz
@Mk-vi5jz 2 ай бұрын
Bernie tankies will say "hE dRoPpeD ubi FrOm hiS pLatForM hE's a gRiFtEr" and that's y I dropped any support I had for bernie sanders.
@schloops8473
@schloops8473 2 ай бұрын
yup. Bernie has grifted the progressive movement while stopping it for long enough
@vondoromal7016
@vondoromal7016 2 ай бұрын
Agreed!
@matsal3211
@matsal3211 2 ай бұрын
@@schloops8473 What are you on about? he called for restricting aid to Israel. what is Andrew Yang done for Progressive? nothing
@schloops8473
@schloops8473 2 ай бұрын
@@matsal3211 even if Yang had done nothing for progressives, that would still be a million times better than bernie andd the rest of the fake socialist/fake progressive political complex that occupies the space to stop any real progressive from getting any traction. As for calling for resticting aid to Israel, that has nothing to do with being progressive. But it does reek of spineless pandering to idiots.
@DOGB14
@DOGB14 2 ай бұрын
Do you guys actually think the world can get better, or is it always going to feel scummy like this?
@matsal3211
@matsal3211 2 ай бұрын
I would love for all these Andrew Yang people to call Sam Sedar on the majority report and get wrecked by him.
@fortium1025
@fortium1025 2 ай бұрын
Universal Basic Assets are what's needed. Human well-being needs to be the currency of the day. No more of this "scarcity mentality" must be allowed to persist in society! All of us wealthy, hard-working people are capable of figuring out how to stay on top with a little more elbow grease, so we need to stop acting so scared of having to exercise the very virtues we espouse in the name of lifting our fellow-man into the same standard of living we enjoy. If we see people enduring circumstances that would be unacceptable to us (hint: this should help us define "basic" with regards to Universal Basic Assets), we need to use our ingenuity and dogged hard work to solve this problem and let the chips fall where they may. Universal Basic Assets for humanity. Such a no brainer!
@adervishagentred
@adervishagentred 2 ай бұрын
Dam I wish this dude was running for the presidency…..
@bollweevil8112
@bollweevil8112 2 ай бұрын
Ralph Nader is so progressive that he spoke about all of this over 25 years ago in his presidential campaigns, & hasn’t stopped This is all old news for people who follow progressive politics
@jamesdufresne2124
@jamesdufresne2124 2 ай бұрын
Work Share program, which is part of current Unemployment Law, is a vital step to help Workers And Employers during economic slowdowns... easy first step on the way to UBI is maximizing programs currently already in place to help workers and employers....
@marlenesoifer7219
@marlenesoifer7219 2 ай бұрын
Appreciate contact
@romymccray7006
@romymccray7006 2 ай бұрын
Someone by the name of Scott Galloway critiqued you on your naming of UBI, you should call Negative Income Tax. If you are in NEED of something like that then you would not be taxed and if you qualify then you could go further by applying a "Negative Income Tax". I'm will to bet if you labeled it as your not being taxed you are taxing the goverment that would probably fly in the areas in the US that have a problem with the idea of " Free income".
@frankmaranville9549
@frankmaranville9549 2 ай бұрын
Ubi should start with the oldest first!
@CHIEF_420
@CHIEF_420 2 ай бұрын
🇺🇲⌚️
@trevinbeattie4888
@trevinbeattie4888 2 ай бұрын
“Universal” means _everyone_
@frankmaranville9549
@frankmaranville9549 2 ай бұрын
@@trevinbeattie4888 I just said where it should start, whisper snapper. Get back to work.
@ddj2010
@ddj2010 2 ай бұрын
2 quick takeaways: - 13:01 “the relation between popular will and policy is essentially non-existent at this point” well put problem statement. My fear would be all the lobbyists and interest groups will see ranked based voting as a threat and subsequently fight tooth and nail against it. - 42:43 the data/AI tax really need to be looked at again. Reddit is the latest to sell its data (aka OUR data) to OpenAI (financial details withheld).
@tracy419
@tracy419 2 ай бұрын
They already fight against ranked choice voting, but we voted it in for my city (sorry, county) and we are voting for it for federal and statewide elections in November 🤞
@ddj2010
@ddj2010 2 ай бұрын
@@tracy419 great to hear that progress is being made! Keep up the fight!
@marlenesoifer7219
@marlenesoifer7219 2 ай бұрын
Fight to bring respect back to USA
@troypropes1182
@troypropes1182 2 ай бұрын
There is nothing more frustrating than watching this man try to Shepard this country into a new age of optimism, only for the country to fumble the only genuine candidate of our lifetime. Almost like I was born 30 yrs too early or American propaganda and complacency has set society 30yrs back in time. Thank you for fighting the good fight, Mr. Yang.
@troypropes1182
@troypropes1182 2 ай бұрын
Just to add to the conversation: UBI is a concept that revolves around a core principle in society. UBI is just another way of evolving as a species to the point where competition isn’t our main purpose in life. We waste a lot of energy just trying to compete with each other, when it’s obvious that coming together is the only way we have gotten this far. Community is the core concept of UBI and it has been lost in our world of rushing around trying to earn enough money to simply survive. We solved survival when we decided to make communities and eventually societies, now most of us toil to collect enough paper to ensure our survival anyway. We still have so much to learn and remember from nature. Your food grows from the ground, water falls from the sky and flows across the land, the materials for your homes can be grown and locally sourced. We need less control over each other.
@FriendsofTaz
@FriendsofTaz 2 ай бұрын
The UBI model already exists. It's the same as seasonal unemployment. I am in a stagehand union in Washington State, where some weeks we have little to no work, and other weeks where if you can and want 80 hours, it's there too. But during the winter we have leaner weeks more often. So through our state unemployment models, we can report our hours weekly, and they establish a baseline based on your average hours worked going back a certain amount of time like when you go on standard unemployment. If you earn more than your weekly baseline average as established, you receive nothing because you were "lucky" enough to have had a sufficient amount of work. But if you have a lean week by no fault of your own, you were available and wanted work but none was available and you don't want to switch jobs or employers, then you receive your baseline average. This is done on a weekly basis. It's a great safety net for those who qualify. This is how we sell it to those who see UBI as "rewarding lazy people", we tell them that it's based on your work history.
@hunterandersen5360
@hunterandersen5360 2 ай бұрын
If it's based on something then it's not universal and basic. That does sound like a helpful thing to have though. I'm just trying to point out that it's not truly UBI
@FriendsofTaz
@FriendsofTaz 2 ай бұрын
@@hunterandersen5360 Agreed. That's why it's a model, and it will be easier to sell if it's based on work, at least to begin with. Maybe everyone's hours and pay can somehow be worked out to establish a baseline that everyone can exist on. We still need regulation on housing and health care, and to stop monopolies and force competition for needs such as food, internet, and travel
@flutieflambert
@flutieflambert 2 ай бұрын
Why only universal *BASIC* income? Supply is created by demand and when workers are out of work, they have no money so there’s no demand. Why on earth would any capitalist in their right mind want to limit demand??? We shouldnt be talking about basic income. We should be talking about high income!
@laukmedina
@laukmedina 2 ай бұрын
This is theeeee comment ! That is totally accurate!
@flutieflambert
@flutieflambert 2 ай бұрын
@@laukmedina 🙏🏽🙏🏽🙏🏽 Thnks. I’m not an Elon Musk fan, but Elon says this as well. And I’d go even a step further. IF robots replace all labor, we will have to question, by what right should anyone be allowed to privatize and own the robot companies? Why should they be allowed - without working - to reap the profits created by society’s demands and therefore be wealthier than society at large? And like all companies, they’ll be incentivized to make the cheapest possible robots (like ur dishwasher and toaster and iPhone that always needs to be replaced - which is highly inefficient) because the consumer’s loss is the sellers profit. We will have to democratically own the robot supply. Then money becomes obsolete! Then there would be no reason to make cheap robots that break because that wouldnt earn a profit for anyone and that would be the least efficient use of our resources. Most people don’t realize that IF AI takes over all labor we will have to democratize the economy. Or better stated- money will be obsolete and there will no longer be an economy, and what takes its place must be democracy because if it isn’t, it will be dictatorship/oligopoly.
@otorishingen8600
@otorishingen8600 2 ай бұрын
This guy could have been America's President - but people seem to want old idiots
@SirChadWilliams
@SirChadWilliams 2 ай бұрын
So the American problem is affordable housing with lenient financing..
@SirChadWilliams
@SirChadWilliams 2 ай бұрын
Say 250$ a month for a prefab home like boxabl ..
@lonelyp1
@lonelyp1 2 ай бұрын
UBI is a nice dream but seems impossible. If made big enough to be useful, how do you pay for it? I mean a $1000/month bonus would certainly be a big help for me, all by itself it wouldn't keep me alive and well. If we have to print money to pay UBI it would kill us
@trevinbeattie4888
@trevinbeattie4888 2 ай бұрын
The US has a population of about 333⅓ million. Providing $1000/month to every citizen would cost $4 trillion annually. The estimated GDP of the US is around $25½ trillion (as of 2022) so this would amount to just under 16% of the GDP. We’d likely need to raise additional taxes (esp. on corporate profits) but also bear in mind this could replace a lot of existing social benefits programs like welfare and Social Security, so we shouldn’t need to raise too much more than current levels. I’m sure the Congressional Budget Office can come up with exact figures.
@i.l.wilson84
@i.l.wilson84 2 ай бұрын
Can taxing only Land Value[LVT] and A.I. in the future work, or Nah??
@rustylidrazzah5170
@rustylidrazzah5170 2 ай бұрын
Are you suggesting a Georgism and Project cybersyn hybrid? It could work if there was a large rollout and adoption of the system. There is a risk of gaming the system over non participants across borders, but there is room for the two ideas to work in harmony.
@i.l.wilson84
@i.l.wilson84 2 ай бұрын
​@@rustylidrazzah5170 How about Duty Tax on imports also or Nah?? The tax on imports would have to be reasonable to the economics tho, right??
@rustylidrazzah5170
@rustylidrazzah5170 2 ай бұрын
@@i.l.wilson84 let me answer by telling you about another issue that informs my opinions. Some advocate for free markets. When they do, generally they mean the free flow of capital across international borders. However, they never suggest that same freedom for labor markets. Nationalism, xenophobia, and patriotism are used as tools to incentivize one aspect of free markets, and demonize the other. Duties, tariffs, and other taxation tools are levers to adjust a flawed design. So no, I don’t think duties are necessary. They get put up and pulled down based on what ideals in power. I don’t have the final design of a system in mind, but when a good one is implemented it won’t need those tax tools to regulate the system.
@adurpandya2742
@adurpandya2742 2 ай бұрын
Can you talk to Peter Zeihan?
@InspireMe819
@InspireMe819 2 ай бұрын
How is this going to work? california is doing it by raising wages. Look at inflation in CA right now.
@mlbonfox8199
@mlbonfox8199 2 ай бұрын
Ubi please; I want my marginable stocks to go up
@jamesburtnett8144
@jamesburtnett8144 2 ай бұрын
Andrew's a lot more cynical about society's prospects in this festival than he usually is with other appearances. I agree with him we are in a world of trouble with inflation, higher interest rates, and massive debt. He's right that we'll enter a 'time of troubles' for the next decade. We should have avoided lots of the nonsense COVID spending and just issued stimmy checks. I'd vote for Yang as president in a heartbeat; he'd be a great leader, though most of the US is too far mentally gone to appreciate Yang's potential.
@supremetrain
@supremetrain 2 ай бұрын
my favorite part was when the Kennedy supporter was showing that it takes effort to effect change and being willing to do something about it #Kennedy24
@Nitrotix1
@Nitrotix1 2 ай бұрын
Freedom Dividend... Premium Rate for Citizens, Lower for Nationals, lower for Perm. Residents, even lower for others (ITIN holders, etc...) But only after the deficit is corrected and the debt is paid off.
@aliceyingshan2725
@aliceyingshan2725 2 ай бұрын
A propelled economy with proper tax policy would naturally get rid of the debt over time
@Nitrotix1
@Nitrotix1 2 ай бұрын
Right, let's at least get that done before moving onto full UBI. ✖️ Sound, lawful currency (gold standard) ✖️ Auditing the Federal Reserve and IRS and every major branch of the government. ✖️ Cap ALL income taxes to 10% TOTAL ✖️ Cutting the spending of each by 1-5% each year until we are no longer in a deficit. ✖️ Single Issue Bills ✖️ Required Extended Reading Periods of all Legislation By All Voters ✖️ No rolling minimum budgets. ✖️ Term limits across the board. 20-25 years maximum for all government jobs. ✖️ Optional Social Security Funding ✖️ Optional FISA Taxes ✖️ School Choice Nationwide ✖️ Optional Gov Healthcare (Both Ways) ✖️ End the Failed War on Drugs ✖️ End the Failed War on Terror Wouldn't make sense to issue dividends or income until all of these problems are addressed and fixed.
@user-dj6hu9gq4t
@user-dj6hu9gq4t 2 ай бұрын
Just curb the MIC and redirect the funding.
@joncena168
@joncena168 2 ай бұрын
Rise of AI? Then use the money we saved times for working back to us!!
@AquarianSoulTimeTraveler
@AquarianSoulTimeTraveler 2 ай бұрын
Saying getting money out of politics sounds good but it's just like saying getting money out of healthcare it sounds good on the surface but actual implementation is damn near impossible...
@Ivansthename
@Ivansthename 2 ай бұрын
Negative Income Tax* Mr. Yang I’m a huge fan but NIT is definitely a better nomenclature than UBI.
@thephilosophicalagnostic2177
@thephilosophicalagnostic2177 2 ай бұрын
Welfare payments won't solve a thing. Everyone owning and operating their own universal means of production will solve everything.
@the-lettere
@the-lettere 2 ай бұрын
Isn't everybody receiving a dividend and having a vote on how systems are operated effectively distributed ownership?
@tinhinnh
@tinhinnh 2 ай бұрын
I thought today is Sunday 😂
@AquarianSoulTimeTraveler
@AquarianSoulTimeTraveler 2 ай бұрын
You know this whole thing is spoken like it's almost against the Ubi it's almost like Andrew Yang is completely given up on actually forming a logical form of universal basic income...
@AquarianSoulTimeTraveler
@AquarianSoulTimeTraveler 2 ай бұрын
This child tax credit thing is crap you really just need to focus on a Ubi based off the total automated production percentage of the GDP that way you can get large corporations to help fund the lobbying that needs to be done to push this forward to save the corporations from total failure due to the consumer Market collapsing because of jobs being deleted and thus value to contribute to the economy of the people being deleted so therefore the people have no money to spend and the corporations go under...
@jameslee-dp6cb
@jameslee-dp6cb 2 ай бұрын
UBI is a nice idea, but how would it be implemented successfully? If UBI is introduced too soon, many workers may quit their jobs. This would cause a shortage in supplies. If we wait until robots are put into place to implement UBI, many workers will be terminated without another job to go to. This would lead to a drastic reduction of tax paying citizens and would reduce consumers on a drastic scale. I think we are starting to deal with this already. On top of all of this we have a national debt thats getting worse in this administration. Another question that I think we are all grappling with is this: What level of income would we all recieve? Would it be enough to purchase a house? Would there be enough to purchase an automobile? Would there be enough left over to buy food, clothing, school, pay insurance fees, cover HOA fees and so much more? If we built robots to build robots 24 hours a day, 7 days a week, how many years would it take to replace all the workers in our society? Lots of questions and not enough answers for a plan to be formed concerning UBI at this point. As its going right now, things are not so good on the consumer side and its just a matter of short time until the selling side of the economy. How far can we go until even the AI robotic companies are destroyed? And finally, what happens when the government controls your income and they dont approve of what you say? Freedom of speech could come under attack by government. Ive heard that this is how communism took over China, and we US citizens value our freedom of speech, although sensorship has crept in in the last few decades.
@tracy419
@tracy419 2 ай бұрын
That's why it would be great if they would focus a large portion of AI compute on solving the energy problem. That would drop prices dramatically. Also, housing and healthcare. Probably won't happen though. As far as free speech goes, I'd like to limit the free speech of politicians and the media. If they are caught intentionally lying to or misleading people, they should get severe punishment. A huge part of our problems are a direct result of being lied to by those who choose to be the authority on this like information.
@MrSteeDoo
@MrSteeDoo 2 ай бұрын
What censorship?
@jedics1
@jedics1 2 ай бұрын
I wish public speakers would stop presenting answers in rhetorical question form, its a tedious way to share information...He's right though, if you create a desperate environment it creates desperate people who do desperate things, give people the basics of modern life and watch most problems simply evaporate with some unexpected benefits like happy people wandering around...What a novel idea. Entrenched power and money will never let a ubi happen any other way other than force which means a whole lot of ugly before things get better.
@defrank1870
@defrank1870 2 ай бұрын
The path was already identified. See Chairman Mao.
@marlenesoifer7219
@marlenesoifer7219 2 ай бұрын
Both
@PaperTowelSauce
@PaperTowelSauce 2 ай бұрын
Great… more taxes
@jamieturnage9511
@jamieturnage9511 2 ай бұрын
the solve the most pressing problems of the country . we need to elect leaders that have americas interest at heart . not the worlds interest . we need a better class of servants
@marlenesoifer7219
@marlenesoifer7219 2 ай бұрын
Confusing
@jimmykim2497
@jimmykim2497 2 ай бұрын
Paul Harvey - "If I were the devil" 1965
@marlenesoifer7219
@marlenesoifer7219 2 ай бұрын
Next year,?there is always next year!Congress lost values,principles I am not a politician but have positive progressive better concepts I'd like to be heard
@alishabee369
@alishabee369 2 ай бұрын
UBI will be a disaster
@MrSteeDoo
@MrSteeDoo 2 ай бұрын
What happens when 50% of human labor is not needed?
@GNARGNARHEAD
@GNARGNARHEAD 2 ай бұрын
the red flags at the 31 minute mark are scary (the New Types of Economies section), investing in religious institutions(among others), and multiple currencies..? if the community gallery is good, and the community is fruitful, the gallery will be successful, if it sucks for any reason, it needs to fail. I don't want another government appendage run by status seekers playing artist.. if there needs to be a gallery, or a cinema, or some other obsolete mechanism of times past, one will happen... if we're going to thrive as a species, it's not going to be because we can homogenize all our lives, it's going to be because we don't build on flood plains.
@kiriInvestigator4597
@kiriInvestigator4597 2 ай бұрын
Not UBI but just a new medium of exchange or rewards or some form of incentive that is based in NATURE and natural laws. That is a new economic system that IS TOTALLY 100% different from the current economic system.
@vondoromal7016
@vondoromal7016 2 ай бұрын
The current supply side economics incentivized crony capitalism. Demand side economics is where we do not leave anyone behind! UBI paves the way to Demand Side economics. UBI will never leave anyone behind!
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