How Universal Basic Income Could Be Affordable, Andrew Yang Explains

How Universal Basic Income Could Be Affordable, Andrew Yang Explains

Fear the Machine

Some presidential candidates fear the loss of traditional values, others the loss of freedoms, but 2020 presidential hopeful Andrew Yang’s fear is automation .

“New technologies – robots, software, artificial intelligence – have already destroyed more than 4 million US jobs, and in the next 5-10 years, they will eliminate millions more,” reads Yang’s website . Yang believes that in order to protect the economy from increased automation and thereby increased unemployment, the country should move to implement a universal basic income (UBI) policy where citizens receive a regular stipend.One of the biggest questions surrounding such a […]

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