original article from: Vox
The former presidential candidate discusses universal basic income, artificial intelligence, and his next job in politics.
The last time Andrew Yang was on The Ezra Klein Show, he was just beginning his long-shot campaign for the presidency. Now, he’s fresh off a speaking slot at the Democratic National Convention and, as he reveals in this episode, talking to Joe Biden about a very specific role in a Biden administration.
Which is all to say: A lot has changed for Andrew Yang in the past few years. And even more has changed in the world. So I asked Yang back on the show to talk through this new world and his possible role in it.
LEFT VIEWPOINTS
- UBI (Universal Basic Income) is a modification to our current economic system that ensures nobody has zero income.
- The general idea is that some money flows to every American in a less bureaucratic way. Currently, welfare systems are complicated and require means-testing, which has the unintended side effect of keeping people poor.
- UBI could help prevent issues like a “K” shaped economic recovery.
- UBI is not a new concept. Leaders, politicians, and historical figures such as Thomas Paine, Martin Luther King, and Milton Friedman have proposed UBI in some manner.
- UBI is essentially a free-market way of providing an economic safety net and would help prevent homelessness, generational welfare, and the economic collapse from AI job losses.