Monday, 10 September 2018

US presidential hopeful: Free money can help save the country from jobs lost to robots

US presidential hopeful: Free money can help save the country from jobs lost to robots

Entrepreneur Andrew Yang is running for U.S. president, and he's made the robot revolution a central pillar of his election campaign for the 2020 race. Yang is the founder of Venture for America, a nonprofit that helps entrepreneurs create jobs, and he was previously the CEO of education firm Manhattan Prep. A Democrat, he has said the rise of automation and artificial intelligence will soon render millions of American jobs obsolete. To prevent widespread unemployment, he's proposing monthly stipends of $1,000 for all citizens aged 18 to 64, no strings attached.

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