8 votes

Andrew Yang discusses UBI on Joe Rogan's podcast

4 comments

  1. [3]
    Defluo Link
    I was for UBI before listening to him talk about it, but now I think I'm even more firmly behind it. What do all of you think about this UBI plan? I'm not an economist so my opinion means very...

    I was for UBI before listening to him talk about it, but now I think I'm even more firmly behind it. What do all of you think about this UBI plan? I'm not an economist so my opinion means very little, but I think this would greatly benefit people that already have a job and encourage them to take more risks with their money.

    I'm working class and I only spend money on things if it's a necessity or if I can use it to make more money. I never by myself anything just because I feel like it. I save almost anything I can because I want to have as much runway as possible for if I ever lose my job. If I was guaranteed $1000 as month from myself and my SO, we could easily pay the mortgage and buy enough food. It would definitely give me the confidence to start more side businesses and spend money on a luxury from time to time.

    5 votes
    1. [2]
      CALICO Link Parent
      I think it's going to need to happen. AI and automation will lead to a job-apocalypse and it makes sense to enact something like UBI before this happens, and not wait until the last minute....

      I think it's going to need to happen. AI and automation will lead to a job-apocalypse and it makes sense to enact something like UBI before this happens, and not wait until the last minute. Speaking anecdotally, the debt crisis, lack of opportunity, and high prices of today have resulted in my friends largely moving to a minimalist, cohabitative lifestyle with none of us putting children on the table at all. On a national level, we will reach a breaking point once AI takes over transportation, call center industry, and food service industry. Those alone would put us at 10% unemployment, the rate of the Great Recession. Without huge new, easily accessible industries popping up to employ everyone we'll see that number only rise until it meets and exceeds the 25% unemployment rate of the Great Depression.

      AI can be a wonderful thing for the world, if we abandon the lie that people need to work to make society function. The immense wealth of this future could be shared by all of us, liberating us from monotony and enabling people to pursue self-actualization instead of the living death of office drudgery.

      7 votes
      1. Defluo Link Parent
        Well said! I don't have much to add to what you said, but your experiences mirror mine. 0 of my network of friends are even thinking about kids. My SO and I consider it time to time but we come to...

        Well said! I don't have much to add to what you said, but your experiences mirror mine. 0 of my network of friends are even thinking about kids. My SO and I consider it time to time but we come to our senses when we look at our financial situation and future prospects. I believe we're a lucky anomaly because we own a house (I got lucky in the stock market), the rest of my friends live as frugally as possible, even those that hold a STEM degree.

        A world where a large portion of jobs are automated is inevitable and our only real choice is to decide how smooth the transition will be. If we don't act soon enough that transition will be bloody and full of strife.

        3 votes
  2. Sahasrahla Link
    I watched this a little while ago and thought it was a pretty good interview. Andrew Yang seems to be getting lost in the noise and I haven't seen the issues he's talking about get much air time...

    I watched this a little while ago and thought it was a pretty good interview. Andrew Yang seems to be getting lost in the noise and I haven't seen the issues he's talking about get much air time in the discussion so far with the primaries but I hope he can keep at it. Universal basic income is an important idea that should be considered.

    4 votes