TECHNOLOGY VS JOBS

In a recent discussion, Andrew Yang addresses the impact of automation and AI on the labor market, highlighting the potential for significant job displacement. He emphasizes the need for business and government leaders to prepare workers for these changes by fostering partnerships with technology. Yang advocates for universal basic income as a solution to support those affected by job loss due to automation. He also discusses the historical context of automation's impact on manufacturing jobs and its political implications. Yang suggests that the future of work will require new economic models that value non-traditional forms of productivity, such as caregiving and creativity. He stresses the importance of governments acknowledging the challenges posed by AI and developing strategies to ensure societal well-being.