intro’d to Andrew here:
Jenny Luca (@jennyluca) tweeted at 5:57 AM – 28 Jun 2018 :
I highly recommend you listen to @SamHarrisOrg interview @AndrewYangVFA about Universal Basic Income. https://t.co/kxr1DdOQMx one of the best conversations I’ve listened to on the topic. (http://twitter.com/jennyluca/status/1012304085335224320?s=17)
3 min – sam: running for president 2020.. and basic plank is ubi.. his book – the war on normal people
5 min – ran ed program that got people into business school.. dealt w people who hated their jobs.. created 3000 new jobs
prospector request at library – thanks library
10 min – sam: the illusion of meritocracy.. blame is on the person.. ignores the fact that some are luckier than others..
13 min – i attribute my early success good at filling out bubble sheets.. if not good at qualities that were academic system prices.. increasingly marginalized and beaten down.. the logic of the meritocracy is breaking down around us.. people are catching on.. now we rely market place to assign/attribute certain values to people’s time..
14 min – the crudeness of market as an effective evaluator to our time.. is about to exposed to people.. we have to evolve to the next form of capitalism as quickly as possible..
18 min – right now scarcity is winning and that is what we have to reverse thru ubi.. it’s our best move forward
only if as temp placebo.. otherwise.. we’ll circle back around.. go deeper.
(haven’t listened to all yet)
19 min – sam: one objection up front.. this notion that it really is different this time.. 150 yrs w this effect of break thrus in tech.. something comes online and destroys jobs.. people can’t envision the replacement jobs.. so this luddite delusion.. what you’re saying.. this time is diff.. some are saying.. this is a failure of imagination.. conviction that there will always be things for people to do
21 min – i find this line of reasoning so lazy/ridiculous/frustrating.. saying jobs as long as human needs.. fails to see how market values human labor.. ignores realities on the ground..
sam: he thinks the onus is on people find it difficult.. zoning issues.. to get to new centers of growth.. have to help people to move.. and treat people as assets.. his counterpoint: if we weren’t destroying jobs thru break thrus in tech.. that would be synonymous w lack of process.. he thinks solution is to be it as easy as possible for people to relocate
23 min – that’s something ubi would help with.. like now.. people are moving less not more.. saying the market will get it right.. will break down.. it already is
25 min – if moving were enough that would be great.. but it’s a multi-faceted.. deep/human problem
27 min – cannot overstate the importance of freight to many communities around the country.. going to have human truckers for a long time..
28 min – how many more retail workers will be needed if truck drivers stop
29 min – 80% of jobs lost to automation.. or 70%.. point is.. majority most due to automation
31 min – sam: on picture of this retraining burden.. does seem insurmountable..
32 min – expecting these workers to be retrained.. ignores many realities.. there’s this very reflexive instinct around market base ness.. something much deeper at work
35 min – sam reading from book: 95% temp jobs from 2015.. most wealth gains have gonen to top 1%.. top 20% own 92% of stock market..
this is wasted energy guys.. we have to go deeper.. and let go
37 min – sam: if focus on that picture.. why wouldn’t ubi exacerbate this..
main reason.. if getting 1000 a month.. more likely to get out of parent’s basement.. a lot of reason men are retreating.. there’s no econ security for them..
yeah.. but the cycle is still there.. because security is myth/disturbance..
going to be a generational challenge to engage men in ways that further society.. that’s going to be something we grapple w for decades..t
or a year.. our choice.. how brave/wise/quiet are we..? bandaid or root solution
40 min – great thing about ubi.. would flow to the bottom line immediately.. gpa up.. friends says.. govt not too good at much but great at sending checks to people.. so ubi could be managed
42 min – one reason i’m going for 1000/month.. 12 000 yr puts you at right below poverty level.. not going to quit their jobs on that.. supplement.. mobility enhancer but not work replacement
dang.. have you read bs jobs..?
44 min – on people having to just do a job to put food on table.. so i propose.. and this scares me stiff.. we can’t tell what’s going on till the next downturn.. look at pattern where lay offs occur
wow.. that’s your plan/vision
47 min – sam: because it’s just a fact that everyone has to work to survive.. the fear is that ubi would undercut this necessity (work as meaning to life)
and that really is the biggest challenge
some people say to me.. if we’re really automating jobs away ubi is not the solution.. which i completely agree with.. ie: if look at data.. that if someone doesn’t have a job.. esp if a man.. they tend to disintegrate into anti social self destructive behaviors.. i mean that’s just again.. facts and data..
48 min – so the goal is to try and get people into environs where they’re not all cashiers.. to me one of the dystopian futures to avoid is govt saying.. you can make enough to live.. if you do this nonsense job.. so the main challenge is .. what does provide this purpose/structure.. that we imagine work to provide to mn’s of americans everyday.. so ubi has incredible virtue.. puts people in place to make that determination.. and would create more jobs.. if more money to spend.. creates more jobs.. and also puts people in position to see what they want to work on..
49 min – we need to implement new digi social currency that maps to some of things we care about.. because needs monetary value to drive meaningful behavior
50 min – 3 ways to address this 1\ do nothing 2\ pay people to do things 3\ create a new currency that provides access points for people to do things we know are valuable that monetary system currently counts as invaluable ie: taking care of elderly, nurturing children..
so caring labor.. nice.. but if you keep on doing things with a payment.. an exchange.. we’re never going to get to global equity: everyone getting a go everyday.. (which today we have the means to facilitate)
51 min – things that many people would like to do if that had the opp and it was somewhat remunerative.. so create new currency that maps to those values
10 day cares man.. let go of the remuneration ness.. it’s killing us..
and we try and create more civic opps..
52 min – sam: you’re talking more than ubi.. more time banking..
exactly right.. based on time banking.. can earn a time dollar..
53 min – econ grown to 19 trillion dollars.. we have the money.. would cost 1.5 trillion per year on top of what we’re already spending.. and save on healthcare, incarceration, homelessness.. et al.. so eminently affordable.. and will grow econ and create more jobs..
59 min – my days are spent talking to people .. raising money..
1:00 – i’m freaked out about what we’re leaving our children
2012 – Fixing the Flow of Human Capital: Andrew Yang at TEDxGeorgetown
(haven’t listened to all yet)
Let’s Put Humanity First.
It’s time for Universal Basic Income.
Andrew Yang (born January 13, 1975) is an American entrepreneur, the Founder of Venture for America, and a 2020 Democratic presidential candidate. He has worked in startups and early stage growth companies as a founder or executive for nearly two decades. He is the author of Smart People Should Build Thingsand The War on Normal People, about automation of labor. In Yang’s current bid for the 2020 presidential nomination, one of his main campaign goals would be to implement a universal basic income (UBI) for all American citizens between the ages of 18 to 64.