Author: automata

Yang Is Gone But We Should Still Talk About Giving People Free Money

Yang Is Gone But We Should Still Talk About Giving People Free Money

Andrew Yang ended his long-shot yet surprisingly robust campaign on Tuesday night after winning exactly zero delegates in Iowa, and looking down a similar fate in New Hampshire. As he dropped out, he emphasized that Universal Basic Income, his signature proposal of giving every American $1,000 per month, was his campaign’s biggest takeaway.

“That will be the most important legacy,” Yang said in an interview with BuzzFeed . “If we accelerate the end of poverty in this country—which I believe we already have, because I don’t think this idea is going to go away.”

It’s true that Yang brought the idea […]

A Look at How the Retirement Model Is Changing

The answers as to when retirement begins, and even what it means, are not the same as those even from not so long ago. A recent study offers a discussion of trends occurring to and affecting retirement.

In “ From Traditional to Transitional: How the Nation’s Retirement Model Is Changing ” (registration required) MetLife looks at how retirement is changing. “The traditional model of retirement — which assumed a fixed career end date and employer-paid benefits — is being replaced by a more transitional model,” said MetLife Executive Vice President and Head of Retirement & Income Solutions Graham Cox in […]

The Impact of Security Automation on Hiring Trends

The Impact of Security Automation on Hiring Trends

51% believe that automation will lead to a loss of employment opportunities within the security field

Compiling data drawn from surveys sent out to more than a thousand IT and IT security practitioners within the UK and US, the Ponemon Institute, in collaboration with DomainTools, have recently published their insights in the report titled “Staffing the IT Security Function in the Age of Automation”. Will automation shrink IT security functions’ headcount?

According to the report, more than half of the respondents (51%) believe that automation will lead to a loss of employment opportunities within the security field. This mentality […]

Advanced Economies’ Missing Link

Advanced Economies’ Missing Link

After a decade of recovery from the 2008 financial crisis, aggregate economic indicators across the OECD are looking bright, with GDP continuing to grow and employment reaching record levels. So why is public sentiment in the advanced economies so gloomy?

AMSTERDAM – As 2020 gets underway, employment in both Europe and the United States is at a record high and still rising. The job losses from the 2008 financial crisis and subsequent recession have been all but reversed. But you wouldn’t know it from the public mood in many developed countries. With so much good economic news, why is public […]

Automation to Impact Millions of Construction Jobs, Report Says

Perhaps no industry has been hit as hard by the labor shortage as the construction industry, so it should come as no surprise that contractors would look to automation to fill the gap. The Midwestern Economic Policy Institute, along with the Project for Middle Class Renewal, dove into the issue and concluded that as many as 2.7 million construction jobs could be automated by 2057.

That level of displacement represents 49% of the America’s blue-collar construction workforce, the report says, adding that automation would also eliminate nearly 500,000 non-construction jobs in the next 37 years as well.

“Advancements in technology have […]

Andrew Yang Ends Candidacy but Universal Basic Income Is Still Worth Considering

Andrew Yang Ends Candidacy but Universal Basic Income Is Still Worth Considering

Entrepreneur Andrew Yang ended his presidential campaign today, but the real surprise is how long it lasted. He outstayed/ more "serious" candidates like California senator Kamala Harris, New Jersey senator Cory Booker, and Washington governor Jay Inslee. He maintained enough support in both polls and donations to win a spot in every debate so far. And he picked up some impressive endorsements, most notably from Elon Musk .

That’s pretty good for a young (by presidential standards) Asian-American from Schenectady, New York who campaigned on an idea he admitted sounds crazy to most people: Give every American over 18 $1,000 […]

Andrew Yang’s basic income isn’t the only big idea that’s disappeared from the Democratic primary

Andrew Yang's basic income isn't the only big idea that's disappeared from the Democratic primary

(CNN) Andrew Yang departed the Democratic presidential primary Tuesday, taking with him his math pin and business casual debate wardrobe and also one of the more intriguing ideas a Democrat put forward: universal basic income .

With it, the Democrats’ ideas primary , once a vibrant discussion about how to improve the country, is, essentially, over. Democrats have settled on health care and, to a lesser extent, college affordability, as their main social programs. The party is united on addressing climate change, but they’ll square off against a party led by Donald Trump, who wants to focus on American fossil […]

What is an Annuity? How Do They Work? Here’s Our Complete Guide

What is an Annuity? How Do They Work? Here’s Our Complete Guide

You might understand the details of opening a checking account or a certificate of deposit , but what about annuities? As someone learning to be an astute investor, you need to understand the advantages of including an annuity in your portfolio.

An annuity is a type of insurance providing the holder with a guaranteed stream of income over a nominated period. Receiving a guaranteed income stream for life is something that should pique the interest of any investor. So, why doesn’t everyone own an annuity?

Annuities are complex contracts that include many requirements and terms that might make them unattractive to […]

Thank God ‘Math Guy’ Andrew Yang Is Finally Gone

Thank God ‘Math Guy’ Andrew Yang Is Finally Gone

After dropping out of the presidential race, Andrew Yang told supporters "You know I am the math guy." But his Freedom Dividend is bad math.

Author: Democratic presidential candidate Andrew Yang has officially pulled out of the 2020 presidential run. | Source: Justin Sullivan/Getty Images/AFP Andrew Yang dropped out of the presidential race Tuesday evening. He was polling at 2.8% in the New Hampshire primary with 65% reporting.

Yang told supporters, “You know I am the math guy.” But that’s a questionable proposition. His “Freedom Dividend” doesn’t add up. So it’s good to see the Democratic presidential candidate acknowledging mathematical […]

Tech entrepreneur Andrew Yang dropping out of 2020 presidential race

Tech entrepreneur Andrew Yang dropping out of 2020 presidential race

Democratic presidential candidate Andrew Yang greets supporters in front of a polling station on Feb. 11 in Keene, N.H.Justin Sullivan/Getty Images Updated at 8:26 p.m. ET

Andrew Yang, a tech entrepreneur who built his campaign around a signature policy proposal — universal basic income — has ended his bid for the presidency.

"We have touched and approved millions of lives and moved this country we love so much in the right direction. And while there is great work left to be done, you know, I am the math guy, and it is clear tonight from the numbers that we are […]