- Yang, a former tech executive who started the nonprofit organization Venture for America, believes that automation and advanced artificial intelligence will soon make millions of jobs obsolete — yours, mine, those of our accountants and radiologists and grocery store cashiers. (59)
- Opponents of universal basic income have also pointed to its steep price tag — an annual outlay of $12,000 per American adult would cost approximately $2 trillion, equivalent to roughly half of the current federal budget — and the possibility that giving out free money could encourage people not to work. (57)
- Yang, who has raised roughly $130,000 since filing his official paperwork with the Federal Election Commission in November, says he will ultimately raise millions from supporters in the tech industry and elsewhere to supplement his own money. (47)
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