Universal Basic Income (UBI) - Life After Automation

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  • Опубликовано: 7 май 2024
  • Automation is set to be one of the major issues facing humanity in the future. So how do we solve the problem? Andrew Yang has a decent proposition: Universal basic income or UBI. In this video, we check out the pros and cons of this future.
    #UBI #universal #basic #income
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    reason.com/blog/2018/08/01/on...
    www.pbs.org/newshour/economy/...
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Комментарии • 7 тыс.

  • @ColdFusion
    @ColdFusion  4 года назад +3417

    Arguments AGAINST UBI are at the second half of the video, so please watch till the end before murdering me. Thanks.

    • @groofop
      @groofop 4 года назад +269

      I watched it all. I appreciate that you get both sides of the argument. Thank you CF for your consistently great quality content.

    • @christophedesmet9507
      @christophedesmet9507 4 года назад +31

      @@groofop absolutely, i love his videos

    • @kapilsane
      @kapilsane 4 года назад +20

      Seems like you want everybody to sit idle, just like you

    • @christophedesmet9507
      @christophedesmet9507 4 года назад +46

      @@kapilsane like you're comment...

    • @andywale2436
      @andywale2436 4 года назад +37

      Your videos are always fair and balanced I think.

  • @lamdao1242
    @lamdao1242 4 года назад +703

    UBI cannot give anyone meaning in life. But UBI CAN FACILITATE People finding meaning in life.

    • @lukewarmtea137
      @lukewarmtea137 4 года назад +36

      @Cosmonauteable So getting an extra $1000 a month cannot facilitate finding meaning through developing hobbies and interests? I mean obviously the vast majority of people will not use it effectively, but calling it an outright fallacy seems to be a bit ignorant

    • @jobokidd
      @jobokidd 4 года назад +25

      @@fladave99 was there inflation when the Banks got a $14TRILLION dollar bailout with YOUR tax dollars?? Or when the Corporations like Google, Apple etc got a 15% tax CUT, did that help you?? At all? I already had a job, I would've been better off getting an extra $1k in my pocket and I'd bet a lot of people you know would too. Such as stay at home parents, or Grandparents taking care of grandkids. The tax money is OUR money and the benefits of an automating society, saving companies billions should be shared by all. If we don't change course, the one we're on is only going to get better for big companies and the very wealthy, anyone else will see their Health Insurance costs rise, their costs rise, the inability to get cover if you have a pre-existing condition, you know the individual income taxes are going up under Trump too right? If you don't believe me check it out and really think about who is going to benefit under the current administration..

    • @fladave99
      @fladave99 4 года назад +13

      DUDE - THEY ARE LYING TO YOU. They HAVE NO INTENTION of giving you $1,000 a month in free money. yOU ARE not GOING TO GET FREE COLLEGE OR HEALTHCARE.THINK ABOUT IT 350 MILLION PEOPLE times $1,000. Thats 350,000,000,000 a MONTH. x 12 = 60 TRILLION a year with NO ONE PAYING TAXES cause everyone is at home PAINTING. Not including free health care, free college etc. Do you know how many people earn more than 50 million a year. Yea, the RICH you think is going to support everyone? ITS LESS THAN 100!!!!! GOOGLE IT!!! You think 100 people are going to support everyone else? So who is next? A cop and a teacher making 500K a year paying 250k a year in taxes ALREADY with a $2500 a month mortgage and 6 kids??? You are going to steal from THEM to put $1,000 a year in your pockets just you dont want to work? ??? Our CURRENT USA BUDGET IS 4 TRILLION and we are in debt 200 trillion. Venezuela. Marxism, Mau, Hitler - THEY ALL SAID THE SAME THING TO GET VOTES, THEY ARE LYING TO YOU. ONCE THEY GET IN POWER THEY RIG THE VOTING BOOTHS SO THEY CANNOT BE VOTED OUT AND THEN THEY START SHOOTING. 100 MILLION PEOPLE KILLED BY GOVERNMENTS. WHY?????? BECAUSE THE GOVERNMENT PROMISED THINGS THEY DO NOT HAVE. SO THEY TAKE THE GUNS FROM THE PEOPLE AND START SHOOTING. THEY TAKE THE FARMS AND START STARVING. WAKE UP DUMMY - YOU WILL BE THE FIRST TO GO. DEMOCRATZ AND SOCIALIST GOVERNMENTS HAVE MURDERED MORE PEOPLE ON EARTH THAN ALL THE WARS IN HISTORY. yOU are not GOING TO GET A CHECK For anything - yOU ARE GETTING VENEZUELA - GOOGLE IT AND STOP DREAMING ABOUT STEALING FROM YOUR NEIGHBORS.

    • @Memeshi
      @Memeshi 4 года назад +5

      fladave99 Mills well is staying the same going to help?

    • @lamdao1242
      @lamdao1242 4 года назад +22

      @@fladave99 Venezuela's problems can be traced to corruption, and incompetent management of resources. You do realise that V has the largest oil reserves in the world?
      I've lived in Bahrain, and visited UAE many times. I can assure you that Saudi Arabia, Bahrain and other middle eastern countries give generous hand outs to their citizens to keep them quiet so they don't whine about the Royal families who control everything. These monarchies don't call it UBI but the hand outs are effectively UBI. Yet, they haven't become venezuela. do you ever wonder why? Perhaps it has something to do with better money management though they too will face issues in the future.
      As for america, Goodness! You can raise taxes and cut military spending for a start. Then there is VAT. You can make VAT less regressive by exempting food and medicines. When you roll the existing monies paid for existing social welfare programmes into increase revenues, I think you will find enough money.
      People mention inflation. And it’s possible inflation could happen. But I think that we will be living in a deflationary economic environment for a while longer yet. Why? Because the cost of production will keep coming down. Why do for profit organisations use Robots, AI and other technology? Because Robots, AI and technology DRIVE DOWN COSTS of production. An AI Robot can make cars cheaper than human beings. That’s why companies do it. So, though I agree we should keep an eye open for inflation - always, I think the risk is deflation right now.
      Anyway, here's the thing. If you disagree with Yang, what's your solution to the widening income and wealth gap? What's your solution when the IOT, robots and AI can do the work of 10 humans with only 1 engineer taking care of them? What are you going to do when 60% of working age adults stop looking for a job and so don't get counted in the employment statistics? But they aren’t earning money either?
      Any suggestions?

  • @Rickwmc
    @Rickwmc 3 года назад +353

    "I grew up hearing over and over that "hard work" was the secret of success. "Work hard and you'll get ahead." No one ever said that you could work hard - harder than you ever thought possible - and still find yourself sinking ever deeper into poverty and debt." - Barbara Ehrenreich (American writer and author).

    • @KyleWatters71
      @KyleWatters71 3 года назад +16

      Work hard *but also work smarter* is what it should be. Regardless, America is generally the best meritocratic society in history.

    • @QT5656
      @QT5656 3 года назад +8

      In my experience, how people think about work is class related. People from a working class background, like my grandparents, believe in honest hard work. They believe that if you work hard at your job then your career will take care of itself. By contrast middle class people realise that your job and your career are two different things. Successful career progression is more about who you know, applying for opportunities, and talking yourself up.

    • @wasd____
      @wasd____ 2 года назад +24

      @@KyleWatters71 "America is generally the best meritocratic society in history"
      looooooooool
      Oh you sweet summer child

    • @KyleWatters71
      @KyleWatters71 2 года назад +5

      @@wasd____ it is. That’s why people from all over the world immigrate to it in hopes of a better life. That’s why it’s the worlds best economy too.

    • @nrishiee5231
      @nrishiee5231 2 года назад +14

      @@KyleWatters71 lol.

  • @u2ooby
    @u2ooby 4 года назад +80

    UBI brings ppl piece of mind. No matter what happens with your job, life etc there is at least that cushion there for you.

    • @BradRae188
      @BradRae188 3 года назад

      Hire a robot to teach you how to spell 🤣

    • @u2ooby
      @u2ooby 3 года назад

      @@BradRae188 nobody is asking you pussy man

    • @BradRae188
      @BradRae188 3 года назад

      Habslayer consult your robot on better online manners 🤣🤓

    • @u2ooby
      @u2ooby 3 года назад

      @@BradRae188 you are a loser!

    • @samusaran7317
      @samusaran7317 3 года назад

      @@u2ooby Better to be a loser compared to a willing slave.

  • @austinm419
    @austinm419 4 года назад +588

    UBI doesn’t solve the meaning crisis on its own. It creates the conditions for people to solve it themselves.

    • @WhoisTheOtherVindAzz
      @WhoisTheOtherVindAzz 4 года назад +64

      @ForrestSCS Yeah. You are right. The assembly line does. /s
      Stop projecting your own inability to find meaning onto others.

    • @SouthernHerdsman
      @SouthernHerdsman 4 года назад +28

      UBI gives chances for people to evaluate their choices in life and make better ones as well as preventing scenarios of violent unemployment rebellion.

    • @MaximC
      @MaximC 4 года назад +9

      UBI will just be used to keep those who will lose their jobs to automation alive, while they still work the same hours at jobs that pay pennies. It's a way to keep the revolt against this socio-economic structure at bay.

    • @jordannedkov
      @jordannedkov 4 года назад +27

      @ForrestSCS it's not the same. There is no negative connotation with UBI, unlike welfare. How's taking care of your primal needs not liberating you by giving you the hours and resources to explore whatever, to find meaning? Unless you're of the Jordan Peterson's school of thought where meaning can only be derived through suffering. Which even if that's the case i don't see how UBI will get in the way of that

    • @pccchurch
      @pccchurch 4 года назад +3

      how many welfare queens become meaningful? Ever live in the inner cities? They all get welfare. They must have found meaning and in nonviolent, non-drug addicted ways.

  • @juanka96jv
    @juanka96jv 4 года назад +845

    Interesting topic; I will rewatch this video in 10 years. Hope everyone has a meaningful decade. See you all in 2030.

    • @BanicaEater
      @BanicaEater 4 года назад +32

      Please tag me when you do that would be awesome

    • @Evexified
      @Evexified 4 года назад +15

      tag me when it is 2030

    • @mutton_man
      @mutton_man 4 года назад +11

      Tag me too 😁

    • @jerkevandenbraak
      @jerkevandenbraak 4 года назад +3

      Nice one, I‘ll do the too and wish you the same!

    • @mohamedissak5029
      @mohamedissak5029 3 года назад +1

      Tag me too

  • @AGRACUTA
    @AGRACUTA 4 года назад +359

    Corona seems to be accelrating all of this now.

    • @BigLebowski2000
      @BigLebowski2000 3 года назад +28

      Look India; poor people who don't have a choice are the hardest hit by the virus, rich people can stay at home. UBI will be the future, no doubt.

    • @zlatko8051
      @zlatko8051 3 года назад +2

      BigLebowski2000 Ja

    • @dbk7713
      @dbk7713 3 года назад +3

      @@BigLebowski2000 So true. Ambani and Adani (millionaire is India ) are still growing.

    • @lizelldefreitas138
      @lizelldefreitas138 3 года назад +2

      ageoftruth.tv/wp-content/uploads/2020/08/INVESTIGATIVE-REPORT-ON-THE-COVID-19-PANDEMIC-AND-ITS-RELATIONSHIP-TO-SARS-COV-2-AND-OTHER-FACTORS.pdf

    • @ulfhenarpolymathmilitant6258
      @ulfhenarpolymathmilitant6258 3 года назад +6

      " Corona seems to be accelerating all of this now. " well......if you haven't sensed that the whole reason for covaids is to destroy the last remaining "MOM and POP shops" sector of the economy , then I don't have much hope for the future intellect of mankind .
      What is the future point of any economy if we have no incentive behind said economy ?
      what manufactured products will slip into this future economy ?
      I've heard that with UBI everyone must forfeit ALL ASSETS ( planes , trains , automobiles and even homes OR a HOMESTEAD ) and we'll have to RENT EVERYTHING ..........even down to our utensils !!!!!
      This sounds like a most unpleasant existence for life in general , pointless even , why even bother.

  • @winterking2510
    @winterking2510 3 года назад +84

    I haven't worked in a few years now and not once was I bored. My sense of purpose has always come from within and I know I'm not the only one wired like this. I say bring on UBI so that more people can find their passion. It's time for humanity to evolve to the next level

    • @BulkBrogan.
      @BulkBrogan. 2 года назад +4

      How are you getting by without work? Are you retired?

    • @winterking2510
      @winterking2510 2 года назад +1

      @@BulkBrogan. I was but I went back to work recently. A good offer lured me back in

    • @beatboxerjonasz2
      @beatboxerjonasz2 Год назад +1

      @@winterking2510 thoughts now?

    • @winterking2510
      @winterking2510 Год назад +10

      @@beatboxerjonasz2 I actually started working again lol. A temporary job fell into my lap so I took it. Today's my last day tho. Any way, I still think happiness and purpose should come from within. Also, UBI could help workers who are displaced by new technologies. Perhaps UBI will be the bridge that helps us transition from a worker based society to a largely automated one

  • @cs3819
    @cs3819 4 года назад +595

    Never heard of Andrew Yang till i watched this video. Thank you for that.

    • @12gpm91
      @12gpm91 4 года назад +2

      Did you not search for UBI in Google News every month?

    • @shakespear7675
      @shakespear7675 4 года назад +23

      Check out his talk on Joe Rogans podcast. It was a great watch

    • @cs3819
      @cs3819 4 года назад +11

      @@shakespear7675 Watched Joe Rogan and Ben Shapiro's pretty much right after. Really good stuff from both of them actually.

    • @DeanMasley
      @DeanMasley 4 года назад +8

      My favorite Yang introduction is when he spoke at SXSW. Just search "andrew yang sxsw" and watch the first 15 mins

    • @cs3819
      @cs3819 4 года назад +9

      @Bob Smith i'd love to know where you heard that :D citation or vids either's cool

  • @amanieux
    @amanieux 4 года назад +932

    about the danger of life without purpose after a few years on UBI. do we have purpose today ? or are we simply too busy to notice we don't have a purpose in life ?

    • @jobokidd
      @jobokidd 4 года назад +54

      yeah gotta watch more Kardashian/Netflix/UFC etc etc, not many people interested in meaning when I see what is trending online. Do I give a shit what some chick just wore? nope I just looked - Guys, Taylor swift rode a scooter somewhere!! Got meaning now? Shit I look at the crap people are consuming and think this country is going become the dumbest in the world. ugh.
      I hope someone else reads, "The War on Normal People", we need the smart people of the US to help make an informed vote
      #Yang2020
      #YangGang

    • @varonosminxaouzen8921
      @varonosminxaouzen8921 4 года назад +5

      @@jobokidd When I think it true existential terror engulfs me.

    • @dasgute1439
      @dasgute1439 4 года назад +28

      Hardly anyone is going to live confortbly off of UBI it would be just enough to increase of interaction in the market spending the money on things we want to do but couldnt do even while working. I for one hope to go back to school not becouse its over diagnosed for jobs in general but becouse i want to be a teacher and college is necessary to do that

    • @Sekir80
      @Sekir80 4 года назад +6

      Yeah. Or maybe our overlods just does not want us to be free of the burden of taxes, debt, hospital bills and so on. :)

    • @savagenectar3634
      @savagenectar3634 4 года назад +4

      Life = Happiness And Happiness = A Good Life . Only you can find your own happiness .

  • @markovalntobresci5714
    @markovalntobresci5714 Год назад +7

    We are so Brainwashed that some of us think our value as humans are attached to our shitjobs and that UBI and AI Automatizations are a bad idea. No, UBI will not make us lazy, simply because laziness is not in our nature. If we get rid of all the shitjobs we will finally have the time and energy to be better humans. Better parents. Better citizens. Create art. Coming up with new ideas about life(the biggest philosophers in the history of mankind were people that didn't have a job and had all the time to think). I am so looking forward to such a time.

  • @darleneatkinson6730
    @darleneatkinson6730 3 года назад +14

    Hi Dagogo, and people who uploaded ColdFusion, I'd been retired from a 37 years of career it was the greatest free feeling I ever encountered in my life existence, I do come with a big curious within me love watching videos on RUclips and the cold Fusion hit home for me the great topics cover just so fulfilling and I feel like I always learn something new watch Cold Fusion videos so thank you Dagogo, and the people who help you put these videos together. I am in the Baby Boomer age group of people being and 8th grade drop out I got a low paying job but by God's grace got a higher paying job after going to night school and it help me move to a great retirement lifestyle. All most people really desire is contentment feel good and find interesting things to do. A purpose can be anything.

  • @adrianharris579
    @adrianharris579 4 года назад +502

    I don't find the "what about meaning and purpose" argument very persuasive. Most of the "jobs" out there are not providing meaning and purpose...they are a means to an end.
    I know many people including people where I work that just show up for a paycheck, they could care less about the actual job and they find meaning and purpose outside of work.
    If flipping burgers and mopping floors, etc. is the best we can do at providing opportunities for activity that truly does provide meaning and purpose, than that is just sad and we are not using our imaginations.
    I find this argument really only coming from those with college degrees and actual careers where they do find meaning and purpose in what they do, and they seem to want to project that onto the masses.
    But that is not the majority of people.
    We can do better.

    • @B20C0
      @B20C0 4 года назад +54

      The point is, that UBI enables those people, it doesn't force them. E.g. in many countries around the world (the USA being a prime example) education is not free, but even if the education is free, people from poor families still have to work instead of focusing on their education 100%, which in turn makes most (but not all) achieve less.
      UBI enables those people to achieve educational goals they wouldn't otherwise be able to and in turn take better earning jobs with higher tax rates (to repay the system) and the ability to consume more.
      But even if they just sit on their asses doing nothing (which most people wouldn't do) and just buying random stuff with their UBI and paying their rent they are still more valuable than if they were just poor.
      In fact, even from a strictly capitalistic standpoint UBI makes a lot of sense, because the income gap increasing is a HUGE problem. It's leads to social unrest and to diminishing consumption which in turn hinders innovation.
      Essentially what you want to achieve is a society where every participant is able to consume produced goods while still keeping competition and reward innovation, hard work and a good education.

    • @anandsuralkar2947
      @anandsuralkar2947 4 года назад +22

      True less than 20%people like their jobs

    • @memolano100
      @memolano100 4 года назад +7

      Well said!

    • @Frodoswaggns
      @Frodoswaggns 4 года назад +20

      Simply put, if your job was a video game, would people play it?

    • @BreezyRayz
      @BreezyRayz 4 года назад +11

      If anything UBI gives people purpose to work low end jobs because there not in poverty anymore through UBI. And that is much more comforting.

  • @rpslobo
    @rpslobo 4 года назад +452

    Andrew Yang actually makes a lot of sense, not only on this policy point but on many others, especially his ideas to fix government corurption and of a "human-centered capitalism". Like him or not, he really is ahead of this time and can clearly see the real problems and provide solutions to them.

    • @christianponicki9581
      @christianponicki9581 4 года назад +17

      "Ahead of his time" on topics he knows nothing about, you know nothing about, and regarding problems nobody understands. The guy is political vaporware aimed at the kind of people who think the future looks like Apple products.
      Tell me again that he's ahead of his time once he's polling at 0% and you've forgotten he exists.

    • @fellowshipofgaming847
      @fellowshipofgaming847 4 года назад +27

      @@christianponicki9581 actually last poll taken he's around 2%

    • @americanewss5029
      @americanewss5029 4 года назад +26

      Agreed. But many people either don't have the mentality to understand the complexity of Yang's logic behind his Policies or they are too worry about their share of tax will increase!

    • @jobokidd
      @jobokidd 4 года назад +30

      His book, "The War on Normal People" is amazing! It would be great if everyone read it and make an informed choice come election time.
      Sad but the people that he would most help don't seem to understand his policies.
      #yangGang
      #Yang2020

    • @christianponicki9581
      @christianponicki9581 4 года назад +3

      @@fellowshipofgaming847 That's Jeb territory, or worse yet, Kasich territory...

  • @PaulADAigle
    @PaulADAigle Месяц назад +6

    With the latest advancements in AI & robotics, UBI needs to be even more of a discussion. At some point in the near future, we will NEED UBI or people will suffer drastically. The excessive number of homeless people is an early indication that our economy isn't sustainable as it is.

  • @dwfwffrrffree6391
    @dwfwffrrffree6391 3 года назад +44

    I would be less stressed and more motivated if I had a guaranteed income. Welfare is a joke. It keeps people from getting jobs because you just lose your benefits for slightly more money working a dead-end job for 12 hours a day. This needs to change. Let us hope Andrew Yang keeps speaking. He's a wonderful, hopeful voice.

  • @gedw99
    @gedw99 4 года назад +230

    Purpose. This is a perfect storm. It's like when people retire from work and they have trouble adjusting to so much free time. But when people are free they naturally learn what they want !

    • @oengusfearghas9608
      @oengusfearghas9608 4 года назад +15

      Exactly, in the situation where you don't have to work day in and day out to be able to afford the basics you discover what it is that you want to do. Personally I would love to be in a situation where I don't have to live in fear of losing my job and therefore income which would take down the whole stack of cards.

    • @Xerathiel
      @Xerathiel 4 года назад

      Most people have alot of time nowadays.

    • @captainprototype187
      @captainprototype187 4 года назад +6

      people wuld organize via the net and find people to share their passion. Research groups in all fields. There will be more breakthroughs.

    • @captainprototype187
      @captainprototype187 4 года назад +6

      @ForrestSCS that robot will not mind if the workload is not split evenly between you and it. It will happily take over your work too, no questions asked.

    • @khongminh5168
      @khongminh5168 4 года назад +7

      @5dope
      The robots.

  • @Luis-vx1tx
    @Luis-vx1tx 4 года назад +373

    Andrew Yang is not a single issue candidate! He’s got 76 policies on his website!

    • @edmund0dao
      @edmund0dao 4 года назад +28

      +100

    • @hurroyes3953
      @hurroyes3953 4 года назад +13

      120*

    • @adhanda2017
      @adhanda2017 4 года назад +6

      too bad he'll never defeat Trump, but they can work together ...

    • @ericvulgate
      @ericvulgate 4 года назад +30

      @@fladave99 you need medication.

    • @Yonatan24
      @Yonatan24 4 года назад +4

      @@fladave99 This is for a time where when people will be unemployed because there won't be jobs.

  • @Zaekyr
    @Zaekyr 3 года назад +32

    This is a good video. I have been a supporter of the UBI idea for a couple years now. Primarily because I am 53 years old and have served in the military, have worked over 30 years of my lifetime mostly in construction but also have had to jump from job to job due to circumstance (like closings and health issues, only been fired from one job and have had over 20 "jobs"). I am physically damaged from accidents both at play and work and have a hard time finding work now because I have difficulty with many of the basic lifting tasks required by most "jobs". I do odd jobs for some cash and live with others helping the household to "earn my keep" (effectively a homeless vet). I am not allowed disability, cannot get the healthcare I need, and might have been looking forward to getting social security in 7 years but now it looks like I would have to live another 17 years to "retire." So yeah UBI would allow me to be "lazy". Sorry but I think I have earned the right to be lazy now by being a productive citizen for over a "lifetime". Yet what will most likely happen is when my situation changes again I will be homeless and another one of those that other people point at for being lazy and not wanting to work even though it appears I "could". With UBI security the weight of my current grim looking future would be lifted and I see the potential to pursue other goals like maybe teaching, or entertainment of some sort here on Utube. Myself I do not care if some people will sit around in their underwear shooting up heroin if they get a UBI. Most likely with UBI resources they won't last very long and by dying sooner will not burden society nearly as much. People need to quit evaluating things based on what has always worked in the past. As civilization progresses we need to change, adapt, and overcome. Better to do so by examining our future needs as a society than try to work it out after the riots destroy the foundations we have built.

  • @palapentz6471
    @palapentz6471 3 года назад +3

    i just love how you treasure "human nature" in every videos that i have watch from your channel

  • @supersquare
    @supersquare 4 года назад +357

    It just blows my mind how charity work is never, ever mentioned in the discussion of purposeful work in the face of UBI.

    • @alexgrover3906
      @alexgrover3906 4 года назад +72

      Actually something interesting to notice is that working for charity (for free) while receiving an external income (ubi) might help become happier at work and develop a better self esteem while current jobs can lead to severe depressive states, this is because the current job economy is under a competitive scheme while charity is based more on cooperation, but yeah if you have no salary then you are a nobody even if you work for free to help others, that's unfortunately the leading idea.

    • @jamesbarker6373
      @jamesbarker6373 4 года назад +15

      True. I just like helping people when they need
      Its going to be a bright future

    • @extremeshopper
      @extremeshopper 4 года назад +22

      Yes VOLUNTEERING!!!

    • @JohnAhrendt
      @JohnAhrendt 4 года назад +23

      they'll probably automate charity work too lol

    • @NeuroticKnight9
      @NeuroticKnight9 4 года назад +8

      Stability of income more than quantity of it is what improves quality of life and society. Charity lacks stability. It's like saying lottery tickets are not being discussed.

  • @restaurantcostambar
    @restaurantcostambar 4 года назад +626

    For the "life purpose" dilemma I think it's interesting to look at retirees.
    Retirees go from a life with purpose, i.e. their career or job, to having no prescribed purpose. Yet most find fulfillment through their families & hobbies & pastimes, or through voluntary or community work.
    Those that have none of these usually wither & perish.

    • @FAMOLS1
      @FAMOLS1 4 года назад +2

      Or they shoot up a school or something and then kill themselves.

    • @RTXonerix
      @RTXonerix 4 года назад +57

      Exactly. Simply having something you like to do is essential to having a good and healthy life.

    • @andywale2436
      @andywale2436 4 года назад +54

      You make a very valid point. Many retirees wonder how they ever found time to work, they are so busy.

    • @onpointuk4480
      @onpointuk4480 4 года назад +47

      I am a supporter of UBI however I would argue that with most retirees, they’ve already had a life filled with meaning and purpose through their career and their retirement is like a reward for 40+ years in the work place. I’m not sure the same could be said for a 20 year old looking to find their place in the world.

    • @PtrkHrnk
      @PtrkHrnk 4 года назад +15

      Wait, that's great analogy. Anyway it do't remeber people bitching so much about pensions when they were being introduced in 19th century...

  • @blankasama
    @blankasama 3 года назад +14

    Big business and their automation are going to need customers somehow right. Every job that is automated is another customer gone. To recieve this kind of money you will have to comply with all that is asked of you.

    • @arnowisp6244
      @arnowisp6244 3 года назад +6

      Exactly! UBI is a tyrants wet dream because the people will now depend on THEM for income.

    • @marianhunt8899
      @marianhunt8899 2 года назад +1

      At the moment you have to comply with everything your employer wants. Whats the difference?

    • @shaunpearce6846
      @shaunpearce6846 Месяц назад

      It'll only be good for the early adopters, like social security. You're essentially trying to tax companies that already evade taxes... I foresee what's currently happening at a faster pace. It will require more control than just monetary to make work.

  • @tchaffman
    @tchaffman 3 года назад +5

    17:00 That's a moot point... Yang's UBI has nothing to do with increasing the supply of money, it's takes existing money and redistributes it differently in the economy.

  • @michaelspicernz
    @michaelspicernz 4 года назад +580

    Look at Maslow's Hierarchy of Needs. The UBI is so you can have your basics covered, it's actually impossible to reach the higher levels without your basics covered first. Then you can discover inner talents and passions. And live and not be a robot

    • @comedianronelwilliams7745
      @comedianronelwilliams7745 4 года назад +10

      They don't even know what that is lol

    • @jjjccc870
      @jjjccc870 4 года назад +9

      YES!!! thank you..

    • @prepperjonpnw6482
      @prepperjonpnw6482 4 года назад +37

      With the basics covered a lot of stress and fear is eliminated. That basic concept will free people to explore their ideas and passions.
      Kind of like having a safety net under you while learning gymnastics or trapeze. Remove the fear of death or injury and you can soar high above the ground. People would be free to pursue their dreams. Think of a young person who wants to be an actor. If their basics are covered they’re free to take acting classes and participate in local theatre to gain experience.

    • @ayriahelona5790
      @ayriahelona5790 4 года назад +8

      Get a job & invest..... Buy a share of Facebook instead of a pair of Jordans..

    • @ayriahelona5790
      @ayriahelona5790 4 года назад +11

      You probably believe in Russian Bots also...... Just a heads up young man, Media & Hollywood are not on your side..

  • @corey333p
    @corey333p 4 года назад +645

    I'm guessing it's a lot easier to find your purpose without the obligation of 40 hours a week at some deadening day job.

    • @stefanoponce6090
      @stefanoponce6090 4 года назад +54

      Not to mention the stress of having to pay for countless debts.

    • @redpillmale6518
      @redpillmale6518 4 года назад +5

      @@stefanoponce6090 Ya I know... Why incur debts yourself when your government can incur them for you and then default.

    • @piehamcake1
      @piehamcake1 4 года назад +2

      @@stefanoponce6090 it's your own fault if you have debt

    • @Alphaflight912
      @Alphaflight912 4 года назад +12

      Work = Primitive

    • @corey333p
      @corey333p 4 года назад +34

      @@Alphaflight912 I'd say sometimes work is necessary, and it can even be fulfilling, but there's something weird about the way we are basically required to work our lives away.

  • @marianhunt8899
    @marianhunt8899 2 года назад

    Thank you so much for discussing this. Needs much more but thanks for getting the conversation going.

  • @joshuamubiru7248
    @joshuamubiru7248 2 года назад +1

    Wow!! Just Wow!! Your Videos Are Amazing.
    Thank you ColdFusion

  • @the_sideshifter
    @the_sideshifter 4 года назад +194

    100 years ago we cut the working hours from 12h/day to 8h/day exactly because of automation (we had the steam engines, some primordial electricity even). Today we are way overdue to cut them again.
    I'm a winemaker by the way and I work for 6 months in the year, then get 6 months off and I'm not complaining about my ''purpose in life'', is it any wonder?

    • @madman2547
      @madman2547 4 года назад +29

      We cut the working hours because of workers exploitation, not automation.

    • @crazieeez
      @crazieeez 4 года назад +8

      @@madman2547 We can afford to cut the hours because of automation. People can still work 80 hours a week but any hour above 40 hours must be paid 1.5x. It is because of automation hours can be cut. It's the economics stupid.

    • @amyalewine
      @amyalewine 4 года назад +4

      Work weeks should be reduced to 10 hours per week per individual. That would make people more happy. The ones who do not work would love to work. The reason they dont work is because they are either unable physically to do 40 hours per week or because most jobs are built around a system. The people who work 40 hours or more per week are breaking down to the physical demands. Full Benefits are only given to the people who work a full 40 hours. I know alot of people on disability that would love to work a few hours per week but the job market is not able to help them. Their Disability benefits would be cut if they make more than 800 per month. Who could live off 800 per month to be honest? Many on disability are intelligent but not physically able to do a full week. Shorten work weeks and the unemployment numbers would be near zero and everyone would be happy to have a job. Why do humans need to spend all their waking hours doing a job yet some never get out of bed or leave their homes during the day because they are unable to find work due to many reasons. The more people that go back into the work force doing 10 hours per week would create jobs for everyone.

    • @the_sideshifter
      @the_sideshifter 4 года назад +14

      @@amyalewine Well, 10 hours a week is a bit drastic, but 6 hours a day (30 a week) can be implemented right now without any issues

    • @kimfinesilver-windsor4950
      @kimfinesilver-windsor4950 4 года назад

      Yeah everyone would have jobs that pay 1/4 of what these jobs used to pay. That's not a solution.
      Minimum wage and other job related policies are the reason people don't want (or even can't) hire people that produce less. The higher the minimum wage less and less youngsters get to work, the same goes for other people that produce less because of other reasons than inexperience. How can a business owner pay 100$ for 10h when X person produces less than the standard? If he could pay whatever he thought it was worth less people would be unemployed, thus reducing the weight on welfare.
      What's better? Working and receiving 50$ for 10h OR not having a job and depending on the govt money?

  • @maxrush206
    @maxrush206 4 года назад +419

    i always get shit for saying this, but i believe no matter how low skilled your job is if you work 40 hours or more a week you deserve a livable wage. someones got to clean toilets, stock selves, pack Amazon orders, pick vegetables on farms

    • @nsfrozen
      @nsfrozen 4 года назад +36

      Ur statement is too 1st world for 3rd world to understand

    • @piyushvaidya5086
      @piyushvaidya5086 4 года назад +23

      Sorry. But I believe human behaviour is guided by efficiency and economics aka feasibility. Now a basic phenomenon of economics is the demand supply curve. As long as the supply for demand of low skilled jobs will be much larger than the demand itself, those jobs will be low wage. And that goes for every form of job. 30 years ago, having the knowledge of computers was very much valued, and they got much more pay over traditional older job doers. Today, just after 30 years, every kid holds a more powered computer in his hand and knows to effectively use it. So today, knowing computers is the basis of medium skilled jobs, not an exception. second, jobs are payed by their worth in the company, if the work u do in the company that contributes only 0.001% in the value of the company's income, how & why do u expect it to pay more than what ur work contributes. Are u willing to pay 50$ for a 30$ pizza even if it's ur most favourite food?no. Then why do u expect the pizza delivery guy to get 10$ rather than his valued 7$. U want people to be payed for their inability to learn & contribute as much as the world around him. U can help people who are disabled, mentally unstable or any other birth disability. But why would anyone even willingly help able handed sane people for their own created shortcomings? Especially in first world countries. But there is no discussion about UBI going on in developing & third world. It's going on in the first world, when many countries already have public education &/or healthcare. Even if it's not free, it is still very much accessible & with the help of ngos & scholarships, even affordable. Also, the justification u give for UBI is very much wrong, because even though someone's got to clean toilets, stock selves, pack Amazon orders, people do not get into those jobs thinking someones got to do menial jobs. People get into those jobs because, they are unable to learn how the world works, & therefore can't convert thing into anything of more value. We can even take a very millennial culture example like jay-z for this. He was from the shady parts of the city, was into drug selling for earning & lots of other problematic conditions. But he's almost a billionaire now. How is it that the rest of the people from his neighborhood or anyone such from first world, not be able to do such a thing,& taxpayers pay for their inability. Nice solution

    • @barefoothippielibtard9691
      @barefoothippielibtard9691 4 года назад +2

      Ok so what’s the wage?
      What if I live in Tallahassee FL?
      What about San Francisco CA?

    • @julian9231
      @julian9231 4 года назад +19

      Piyush Vaidya your argument makes sense if all the profits weren’t going straight to the top. When you have execs making more in a year than their entire workforce then why can’t people say they deserve more for what they do? Work at the end of the day is work especially when it’s jobs that most people don’t want to do. And let’s not forget all the jobs that someone has to do that take years of training and money and education that don’t pay any more than a job with no education

    • @piyushvaidya5086
      @piyushvaidya5086 4 года назад +8

      @@julian9231 if most don't want to do those jobs, such employees would have been hard to find. I think u mean to say, they would have preferred to do a better quality or better payed job, but don't have either the skill or will or resources to do it. and that is the case for pretty much 90% of employee workforce. And u say executives get payed alot like it's a bad thing. Executives are the core of the company, anyone can build a few goods, anyone can write a few lines of code & build a program, the value of a person is decided by what he controls, risks & maintains. Managing hundreds of employees, their demands, the shareholders demands for growth, the investment to growth ratio, the health of the product or service provided & continuous problems in achieving goals isnt an easy thing to do. That is why a CEO prefers to pay executives more, & not the employees, because even after incentives, gifts, benefits etc. the employee will still leave at his designated 7:30 pm off time. He won't care for doing an extra hour for the betterment of the company. Thats what executives do. They don't have time schedules. They have targets, goals & possibilities in mind. The lower or higher demand of the product doesn't harm the employee nor does he care(unless theres a lot of loss or the company shuts down), the people at the top own the shares, & it is their pockets which hurt the most, when the company faces losses & shares fall, the employee still gets his salary, his timely leave, his insurance & parking benefits & what not. Of course there are many places where CEOs demand & get much more than should have been plausible. But then again, he is in a position to demand that high of a pay, & the shareholders value him at such level. Elon musk only gives tasks & sets goals & give it to his executive, while his executive is the one that works more(physically) than elon. The emotional thing to say would be to give them both equal pay(or shares or whatever) but the company shareholders values Elon much more than the executive, she can be replaced, but Elon is the company(just an example, not very accurate but still I guess it conveys what I mean).

  • @keqinyangmuseum6183
    @keqinyangmuseum6183 4 года назад

    Excellent thoughts!
    Forward to the future! Congratulations!!!
    Job is rent and foods.
    Life goal:
    Creating is do what you love!
    What solution you need?
    To win the world!
    Many thanks
    Ke Qin Yang

  • @charlessudick8519
    @charlessudick8519 3 года назад +1

    Purpose ....so important in this realtity in our perception of life and. Living a meaningful life !

  • @Blazing_Glory
    @Blazing_Glory 4 года назад +291

    Look I can't live off of 1000$ a month with rent, utilities, food ect. I would still have to work but it would help a lot so I don't need to stress about that pizza I bought at 1 am Saturday night.

    • @mossbogger8366
      @mossbogger8366 4 года назад +53

      except if everyone has 1k then no one has 1k..... 1k just becomes the new 0

    • @ghmasterjj
      @ghmasterjj 4 года назад +76

      Moss Bogger It would only become the new 0 if every consumer facing business raised their prices astronomically to nullify the 1k some folks would get

    • @kg_atoozi
      @kg_atoozi 4 года назад +70

      Moss Bogger That’s not true. It’s not new money. If everyone raises their prices because of UBI then that would open up room for a competitor to undercut them. If prices did go up it would just prove capitalism isn’t compatible with modern society which I don’t believe is true.

    • @jobokidd
      @jobokidd 4 года назад +12

      will keep the neighborhood safe too. Imagine half your neighbors become unemployed and your the last one standing! yikes!
      #Yang2020
      #YangGang

    • @scarysunburns7733
      @scarysunburns7733 4 года назад +6

      CJ Davis problem with the existing money thing is that Yang is running for government office and a government program. The money WILL be produced by borrowing it. You think our taxes pay for anything in this country? It mostly pays for interest

  • @JaycubMacawl
    @JaycubMacawl 4 года назад +118

    Human purpose is to spend time with your loved ones, to express yourself, and to explore all avenues of thought.

    • @JaycubMacawl
      @JaycubMacawl 4 года назад +10

      @Bob Smith Plenty of humans are in a relationship with someone who doesn't have a job. Many many people do not add financial success in to someone's worth as a person. Boring, uninteresting people sit in a cubical all day and make plenty of money. Super interesting artistic people scrape for a living, but fill every moment with music, love, and color. The opposite is also true.
      This is not a conversation about the world as it is, however, this is a conversation about the world as it will be in the future. UBI is for the world coming in the next couple of decades, wherein the loss of jobs will be monumental. The list of people put out of work by AI wont just be assembly line workers anymore. It will be surgeons, lawyers, anyone who drives for a living, call center workers, factory floor workers, truck loaders, store stockers, burger flippers, cashiers, ect ect ect

    • @Pernection
      @Pernection 4 года назад +1

      @@JaycubMacawl What women are you talking about?

    • @JaycubMacawl
      @JaycubMacawl 4 года назад

      @@Pernection Go to a music festival or something and find out for yourself

    • @Yggdrasill8
      @Yggdrasill8 4 года назад

      @@Pernection Obviously you

    • @Nikolajnen
      @Nikolajnen 4 года назад +3

      "but muh 9-5 mundane job"

  • @voldlifilm
    @voldlifilm Год назад +2

    The idea of how to find and negotiate purpose and meaning in a post labor society is exactly what I want to do for my master thesis in anthropology. Well, it's one of the things. It's a great one though!

  • @realrometours_
    @realrometours_ 3 года назад +1

    Thanks for this video, very thought-inspiring.

  • @mhans311
    @mhans311 4 года назад +44

    I think about the boom we could have in creative arts. Music, art, dance, poetry, writing, film, etc. With less time spent working and stressing about how to put food on the table, more people would have time to devote to those things that bring beauty and joy to our world.

    • @xracecar
      @xracecar 4 года назад +3

      another renaissance

    • @Violet._.PhoeniX
      @Violet._.PhoeniX 4 года назад +1

      People who dont have to work can volunteer to save the planet

    • @andrewputnam2717
      @andrewputnam2717 3 года назад +1

      @@Violet._.PhoeniX or we just create more jobs to help undo the destruction of our planet we could make whole new temporary industries

    • @Violet._.PhoeniX
      @Violet._.PhoeniX 3 года назад

      @@andrewputnam2717 we dont need more jobs to work harder. We need to let our big brains innovate so we can work less and live more

    • @arequipien
      @arequipien 3 года назад +3

      I dont think so that would hapend.
      Probably people would be more lazy playing video games ans spe ding all day on social media and IG making selfies ans stupid things...specially this generation thats been get used to it.

  • @memolano100
    @memolano100 4 года назад +19

    Life purpose is secondary. Eating and having a roof over your head comes first. We have to solve that problem first and later we can worry about other things.

    • @TheExileFox
      @TheExileFox 4 года назад +3

      life purpose shouldn't be looked down on too much though. I'd argue that you need a little bit of it to seek food and shelter. Unless your a zombie...

  • @lordbruce2720
    @lordbruce2720 3 года назад +2

    I just hesitate to give the government that much power over my income. It would be a very trusting move to have the government provide you with that kind of money. Lest you get used to it and start to depend on it.

    • @jgdooley2003
      @jgdooley2003 3 года назад

      The governments of most western democracies already have a lot of power over individuals. Without a body of representatives which we can vote in or out of power most government bodies such as police health and education would become overbearing and dicatatorial over time. Most jobs rely on licencing, planning permissions and legal oversight to function. Most aspects, from rules of traffic to regulation of banking, drugs and food quality and trading standards already depend heavily on government oversight for their proper functioning. Most peoples income, unless living completely off grid by subsistence farming, depends heavily on government oversight and administration already. UBI would be only another tiny step forward.

  • @nintendoferrrari7345
    @nintendoferrrari7345 Год назад

    Thank you! the best Chanel with amazing topics. Really really thank you for this

  • @eg14000
    @eg14000 4 года назад +119

    "There are also a lot of people in this world without passions and hobbies"
    Yeah, the people who are struggling to put food on the table and are in poverty. You know, the people UBI would likely help the most

    • @kxyoto8541
      @kxyoto8541 4 года назад +4

      When he’s saying that he isn’t making an argument against UBI. He’s saying just because people don’t have to struggle through two/three jobs to get by. That doesn’t mean they’re going to be happy.
      Dagago literally says before that UBI solves money but it’s probably going to be harder to solve purpose.

    • @christianponicki9581
      @christianponicki9581 4 года назад +2

      Who the fuck is struggling to put food on the table? You can support yourself easily, and there's already ludicrous amounts of welfare and charity to help the disabled. Wang is solving a problem that doesn't exist.

    • @kg_atoozi
      @kg_atoozi 4 года назад +12

      Christian Ponicki Welfare as it currently stands is a deterrent to a productive citizen. If you’re having trouble making ends meet and you receive assistance, getting a better job just means you lose welfare and are in the same position. So instead of people working harder, they just continue to receive welfare because working harder wouldn’t improve anything. Same goes for disability. Can’t work more because then you’d lose disability which artificially lowers productivity. UBI would prevent this.

    • @christianponicki9581
      @christianponicki9581 4 года назад

      @@kg_atoozi That's partially true, welfare means that picking up a job doesn't net you more money... at first. But the point of welfare in the first place is to hold your income steady while you get on your feet, not to supplement future income. You shouldn't and won't profit from it at first, because that only comes once you've gotten raises/promotions/a better job or position at work.

    • @bamahama707
      @bamahama707 4 года назад

      So, those of us with passions and hobbies should finance everyone else?

  • @tobifoong8025
    @tobifoong8025 4 года назад +215

    Helping people find meaning in UBI, will be a big industry !

    • @Violet._.PhoeniX
      @Violet._.PhoeniX 4 года назад +22

      Saving the planet will be a mission human beings can work towards and get behind...in fact people who actively work towards saving the planet should get incentivized

    • @eg14000
      @eg14000 4 года назад +1

      EXACTLY

    • @Johny40Se7en
      @Johny40Se7en 4 года назад +1

      One hell of Think Tank =P

    • @mattskea
      @mattskea 4 года назад +5

      @@Violet._.PhoeniX As well as taking care of the sick, disabled and elderly

    • @smidge146
      @smidge146 4 года назад +10

      It will be called 'Who Be I?"

  • @peterhutchison3729
    @peterhutchison3729 3 года назад +5

    Excellent and thought provoking. I am pondering on it ..... May be some merit hiding in here somewhere but it does go against my training, education and life experience.
    Keeping an open mind here, not dismissing it at all.

  • @csanton3946
    @csanton3946 3 года назад +2

    My worry is that it may help people at first to be able to consume but the market almost find ways to factor these money and reflect in price increases thereby efectively bringing purchasing power to zero of the amount being given as UBI

  • @JustinSorensen17
    @JustinSorensen17 4 года назад +65

    I would have a lot more purpose with UBI. I could explore creative avenues and take risks I never have before.

    • @wlonsdale1
      @wlonsdale1 2 года назад +1

      As long as the taxpayer pays for your mistakes?

    • @gabrielflaubert5881
      @gabrielflaubert5881 2 года назад

      Yes, I'll have a lot of more happiness with government gifts too… but that's not how life works. It's not even "government's" gifts, they'd be paid by other people like me, renouncing to their own dreams.

  • @MALD0G
    @MALD0G 4 года назад +79

    The PFD is not a guaranteed $2000, it varies from year to year. For instance, the PFD is going to be $3000 in 2019 but last year it was $1600.
    Source - I am an Alaskan

    • @invinciblemode
      @invinciblemode 4 года назад +10

      Mallory Obeso even $1600 a year would be life changing for me

    • @spol
      @spol 4 года назад +7

      But you are virtually always getting at least 1000 dollars a month which illustrates the whole point.

    • @TheErudite21
      @TheErudite21 4 года назад +3

      How does it feel having that extra money every month?? Does it feel like you and your friends are lazy? Lol
      But seriously, I'm really interested in what it's like!!

    • @CultofThings
      @CultofThings 4 года назад

      That's because they leeched out the funds.

    • @noahwhipkey6262
      @noahwhipkey6262 4 года назад

      @elijah mikle It's not per month, go do some real research and actually listen to the video. He says it's annual.

  • @sumleamarius7575
    @sumleamarius7575 4 года назад +26

    Just saw a news today saying that Spain is planning on introducing UBI. And then I rememberd about your video and I camed back to see it again. Interesting times indeed :)

  • @darshanpatil6892
    @darshanpatil6892 Год назад

    Love this
    In fact almost all your videos

  • @Humanaut.
    @Humanaut. 4 года назад +83

    I suspect UBI will contribute to the number of people pursuing a life with purpose because life choices will not have to be based solely on financial considerations. Everyone with artistic, intellectual or spiritual ambitions is free to pursue their passions. This would enable a larger number of people to subsequently share what they found with others as people love to share and inspire others with what they love themselves. But maybe it would also enable someone to quit their insurance job to become a gardener.
    Personally I didn't study art and philosophy for financial fears. With UBI, I would have. So this could enrich our countries cultural wealth.
    One thing is not Adressed: this will just highlight the importance of education to inspire raising free and autonomous individuals which should be the goal anyways! Young people that are not merely there to feed the needs of the market! So it might get bumpy like every major shift in the past was but it will be progress and could mean a new mode of living and experiencing life. Watch "Thrive" the documentary if you're interested. All the best to you and us.

    • @jobokidd
      @jobokidd 4 года назад +3

      Yes I think it would be great if more people could pursue an education in something they are passionate about instead of chasing the money.
      #YangGang
      #Yang2020

    • @futbolita89742
      @futbolita89742 4 года назад

      Also terrorists will be funded by the government

    • @malamuger93
      @malamuger93 4 года назад +1

      People with artistic, intellectual or spiritual ambitions are a small minority among the population, most just want an easy and carefree life with some sense of purpose.

    • @kimfinesilver-windsor4950
      @kimfinesilver-windsor4950 4 года назад

      Yeah you would be able to pursue whatever career you wanted with other people hard earned money. Just like when we were kids and lived off our parents hard-worked money.
      How does it feel to work and have a part of your hard earned money be given, against your will, to other people that don't give a f*ck about their future?
      If you really care about the people that are having a hard time making ends meet I'm sure you will donate some of your money and free time voluntarily to help them :D

    • @basitin6909
      @basitin6909 4 года назад

      @@jobokidd i bet most people will choose the easy way. Don't expect humans to change

  • @liranpiade4499
    @liranpiade4499 4 года назад +29

    No matter your political view on economics - we NEED some solution to automation. Either we deal with increasing unemployment (there's no way of avoiding it - fighting it is futile), or most people crash into inescapable poverty. And by poverty I mean being truly penniless - because they won't be able to work. At that point, what do corporations intend on doing with all of their profits? Almost no one would buy from them. People will simply be dying of hunger instead. The how can be debated - and then people's political alignment can be taken into account. Simply continuing on and ignoring the employment which is bound to increase, will lead us into a dystopian plutocracy. SOMETHING must be done. If you really hate UBI, come up with another idea that doesn't involve stopping automation - because that's impossible. Progress doesn't stop, it accelerates, like it or not. I love it, but we must be prepared. As I said, this *is* happening.

    • @abcdxx1059
      @abcdxx1059 4 года назад

      why even have money

    • @grimgoreironhide9985
      @grimgoreironhide9985 4 года назад

      @@abcdxx1059 To avoid a barter system and so prevent poor people from slaughtering rich people.

    • @jobokidd
      @jobokidd 4 года назад +1

      I agree. I can't see another valid option.
      #Yang2020

    • @kimfinesilver-windsor4950
      @kimfinesilver-windsor4950 4 года назад

      UBI is a "solution" that slows down automation thus slowing down progress.

    • @grimgoreironhide9985
      @grimgoreironhide9985 4 года назад

      @@kimfinesilver-windsor4950 How do you propose we prevent civil unrest and utter abject poverty when hundreds of millions of people lose jobs?

  • @veronicamoody3981
    @veronicamoody3981 2 года назад +2

    I think a lot of people would still want to work if they could find or be trained for work that is appropriate and/or suitable for them. People have different abilities, potentials, life situations and needs.

  • @weariestlion8150
    @weariestlion8150 Месяц назад +1

    As someone who has been homeless since 3 years old, and I'm now 21 and work 50 hours a week to barely get by, an additional $1k a month would be LIFE CHANGING

  • @Native722
    @Native722 4 года назад +83

    I think UBI is the way to go, with automation, unemployed folks ,homeless etc it's tough. Let's go the ball rolling sooner than later for UBI.

    • @danortiz
      @danortiz 4 года назад

      yes, ubi, so I can play wow all my day, classic is coming.

    • @randomperson8157
      @randomperson8157 4 года назад

      sorry but 12k cannot support ones livelihood hell even 50k ( after tax) in big cities can't even support you. You need a job there is no way around it and thats what andrew yang doesnt address he just fearmongers about automation even though automation will not replace workers most economists believe that it will help peoples jobs more efficient for example truck drivers will start driving self driving cars but truck drivers will still be in those cars because self driving cars do make mistakes and don't account for other drivers on the road which could make a mistake.

    • @Syklonus
      @Syklonus 4 года назад +2

      @@randomperson8157 It's not meant to replace your actual income. It covers the BASICS - food and shelter. That's it. Also, standards will be put in place to prevent price gouging. Economics is not a force of nature. It is man made and can be changed.

    • @marciaosullivan3200
      @marciaosullivan3200 4 года назад

      @@Syklonus you can't set prices that's why healthcare sucks

  • @MOJOE85
    @MOJOE85 4 года назад +34

    Purpose? Forget about purpose when you're working two jobs just to barely make ends meet you don't have time to figure out a purpose

  • @luizbattistel155
    @luizbattistel155 Год назад +6

    It’s mind blowing that some people consider their toxic, boring corporate jobs as their life purpose. Hilarious, even

  • @hnam1111
    @hnam1111 3 года назад +2

    I feel like in a couple of decades the artistic sector will absorb many workers displaced by automation. This will not only be limited to the traditional entertainment industry but will include non-conventional occupations like youtubers and live streamers.

  • @RandyLy
    @RandyLy 4 года назад +47

    So in the end, UBI will make people realize that money is not all that important and that they need to find meaning in their lives rather than just work for a living.

    • @purifypurify7559
      @purifypurify7559 3 года назад +1

      ur to logical bro, people dont wanna hear that, they enjoy being slaves. I talked to plenty of people about this and they all think ubi is a horrible idea. People just enjoy being slaves sadly

    • @richardoloot1295
      @richardoloot1295 3 года назад

      yes - it will be hell of a learning curve though with current mentality...

    • @NoName-qs6ei
      @NoName-qs6ei 3 года назад +1

      You all are extremely dumb and gullible. It sounds great, but when a loaf of bread costs 1000 bucks your screwed.

    • @luciusvorenus9445
      @luciusvorenus9445 3 года назад +1

      @@NoName-qs6ei or if you express an unpopular opinion, you lose your UBI.

  • @HeyHax
    @HeyHax 4 года назад +89

    Joe Rogan did a great podcast with Andrew Yang

    • @WilsonMar1
      @WilsonMar1 4 года назад +2

      ruclips.net/video/cTsEzmFamZ8/видео.html

  • @user-sz3rd5qk9l
    @user-sz3rd5qk9l Год назад

    And thanks for the hashtags so it's possible to check if you made updates on the topic!

  • @SadhuBiochemist
    @SadhuBiochemist Год назад +2

    With UBI we could definitely spend more time on social services, biotech, and education to make humans better.

  • @Vanessa-mu8ih
    @Vanessa-mu8ih 4 года назад +47

    Thank you for making this video! I donated to Yang after reading his book "The War on Normal People", I believe there is a free audiobook version on RUclips. First politician I ever donated to.

  • @vimalalwaysrocks
    @vimalalwaysrocks 4 года назад +78

    the ending was deep.. even without the automation or UBI, the companies and corporation are controlling our purpose in life.. going to work and working 8-10 hours is not a purpose.. its a cage you are put into since you need money. I think UBI may help us capitalize on hidden talents among ourselves!

    • @knightdeluxegaming
      @knightdeluxegaming 4 года назад +5

      Its just like when you were child, parent spending money on you to grow and develope finding your purpose in life.

    • @R3lyk5605
      @R3lyk5605 4 года назад +3

      Find Your Purpose Inc.

    • @trendyfoods1883
      @trendyfoods1883 4 года назад +2

      Agreed

    • @monsterpda
      @monsterpda 4 года назад

      ​@Bumblesnuff buffallobath Basically agree, but on point 5: Social and community service are no way to earn a living because nothing significant is produced. Sounds harsh, but it has been true so far and I fail to see why UBI would change that.

  • @dionysuscreativellc7569
    @dionysuscreativellc7569 Год назад +2

    If the UBI was attached to training and certifications it could allow people to earn more. This would also increase those that instruct. Love the idea

  • @samplentertainment58
    @samplentertainment58 3 года назад +1

    "If you are a CEO and just thinking of making profits, its not a hard decision to make"
    That should be:
    "If you are a CEO, its not a hard decision to make" OR
    "If you own a company, its not a hard decision to make"
    ... it is always about making profits.

  • @pokeplayerHQ
    @pokeplayerHQ 4 года назад +142

    As someone who was taught how to handle my money, (Needs first, wants second.) I could use the extra $1,000 a month for various things. For example, my teeth aren't the best. In fact, if one were to look at my records, it'd be obvious how bad they are. It would help with my continuous dental bills. I'm continuously on a monthly paid plan to pay them off.
    Not to mention, my feet are becoming problematic in terms of pain. Eventually, it'll get so bad, I may not be able to do any kind of hard labor job. I could use the $1,000 to help with that. Possibly save up for surgery, as various treatments are only doing so much.
    Heck, maybe I could use the $1,000 a month to start a small business online. One that focuses on some of my other skills that wouldn't require hard labor. Perhaps make it replace my current hard labor job altogether.
    So, on a personal level, I very much support this UBI idea.

    • @richardoloot1295
      @richardoloot1295 4 года назад +11

      i could use that to survive.

    • @jubajonah2929
      @jubajonah2929 4 года назад +10

      Put the money in our hands, not the government's.

    • @Bobelponge123
      @Bobelponge123 4 года назад +3

      pokeplayerHQ libtard sinner

    • @Bobelponge123
      @Bobelponge123 4 года назад

      Yujiro Hanma cringer

    • @clintonkotzee7271
      @clintonkotzee7271 4 года назад +3

      UBI in theory and applying UBI practically is two very different things. But at the same time, we won't know the results without actually implementing it in real life. For now there are still too many questions that need to be answered before we can even come close to thinking of implementing it.

  • @jhunt5578
    @jhunt5578 4 года назад +118

    "Work is the refuge of people who have nothing better to do" - Oscar Wilde

    • @richardoloot1295
      @richardoloot1295 3 года назад

      ha ha very good¬!

    • @sparcx86channel42
      @sparcx86channel42 3 года назад +1

      we don't need to live like artists said because they live on alternative reality

    • @hongquiao
      @hongquiao 3 года назад +2

      As a very lazy man, I approve this message!

  • @kalebproductions9316
    @kalebproductions9316 3 года назад +1

    The question of purpose is a non-question. Every human being's purpose is the same, to enjoy your life while at the same time helping other to enjoy their lives. It isn't more complicated than that.

  • @TechwithLawrence
    @TechwithLawrence 3 года назад +2

    This hits home on the product I'm working on. Thanks for the video :)

    • @lydx5814
      @lydx5814 3 года назад

      Did you do it?

  • @covle9180
    @covle9180 4 года назад +87

    Do people really get purpose out of their 9 to 5? In my experience people work for money, and then use that money to chase after something meaningful.
    Think about all the great stuff you could get done, the communities you could contribute to, the hobbies you could dive into, if you didn't need to worry about money.

    • @erenkaslte8046
      @erenkaslte8046 4 года назад +3

      Not the case atm.. people just work to keep food in their mouth and a place to stay.. If you head over to th MoneyGPS you hear conversations of people now needing 2 or 3 jobs just to do something slightly extra..

    • @Violet._.PhoeniX
      @Violet._.PhoeniX 4 года назад

      @@erenkaslte8046 exactly

    • @JonJonGTA
      @JonJonGTA 4 года назад +6

      Its usually only really sad or what i consider mentality insane people that get meaning from their jobs. Because for them they don't do anything other then work, no hobbies, friends, hate their own family, generally just no interest in anything other then work. Their pretty much just living robots. And they are the ones holding us back and arguing with us, with their horrible opinion, just because their so afraid of not working.

    • @user-rt6jj8lj6g
      @user-rt6jj8lj6g 4 года назад +6

      @@JonJonGTA and those are the very people that built the world that we see today

    • @tracyeaves4847
      @tracyeaves4847 4 года назад +2

      People need money to pay bills, house note, electric, water, car, phone etc with sanctioned US money. So people end up going to work and doing something they would not ordinarily do to pay bills. Forget any interest you may have, art, music, outdoors, climbing, cycling etc - most people working pay check to paycheck often times working over and weekends - no time to even help someone or develop a talent or interest. All that gets put on the back burner.

  • @CharleyBoersen
    @CharleyBoersen 4 года назад +33

    We have this in Holland. You get 900 if you don't work. But 2500 if you do, which makes your life and your families life so much better.

    • @CharleyBoersen
      @CharleyBoersen 4 года назад +4

      No, we do not have exact Universal Basic Income because you only get it if you are without a job. And we have had this system for as long as I live at least. There is no reason here to be homeless unless you want to be, or have extreme mental issues and are not able to keep an address which is required for the government funding. I can tell you though, there is no reason in Holland to be scared to be out of work. The only thing is social pressure. Which might diminish if most people get on that system, which will come if most people lose their jobs. A thing not happing right now. So that is one flaw, which is not present at this moment, will make this system fail. But being without a job here doesn't have consequences other than your dating life basically.

    • @adaeptzulander2928
      @adaeptzulander2928 4 года назад

      And where does this magical money come from?

    • @ggj1987
      @ggj1987 4 года назад

      Adaept Zulander From tax payer’s money. Where else?

  • @KingNachos4
    @KingNachos4 2 года назад +1

    Exactly the video I was looking for I will watch it later

  • @friedrichhayek3683
    @friedrichhayek3683 3 года назад +4

    Ubi can be easily financed through abolishing the current welfare system or other things like the military

  • @anthonyanduiza1857
    @anthonyanduiza1857 4 года назад +149

    Great job presenting a balanced expose on UBI. This is definitely the kind of content I thoroughly enjoy and you did a great job

  • @GH-bz2vl
    @GH-bz2vl 4 года назад +103

    Yang was on the Joe Rogan experience not long ago. It was a fascinating watch/listen. He really drives home some powerful points and perspectives

    • @zariumsheridan3488
      @zariumsheridan3488 4 года назад +7

      Yang needs a female vice-president called Yin and then USA get their first Feng shui presidency.

    • @MaximC
      @MaximC 4 года назад

      I bet he didn't go as far as say pointing out anarcho-communist idea...

    • @MaximC
      @MaximC 4 года назад

      Or Natural Law Resource Based Economy.

    • @mp6732
      @mp6732 4 года назад +4

      Unfortunately I am afraid he won't win because most of America lives in the past and are either afraid of technology or don't understand it. If you saw his first appearance in the democratic primary debate you'll notice the audience almost didn't clap or cheered for him. I like to think he made them think.

    • @Photik
      @Photik 4 года назад

      @@mp6732 the tickets to those debates were $1.7k each. These weren't ordinary citizens

  • @cherylbranche1532
    @cherylbranche1532 2 года назад

    Stitching a section of needlepoint is called working. I love working in the sense of stitching a section if embroidery by hand.

  • @steveburge2808
    @steveburge2808 4 месяца назад

    Great channel mate this is the best stuff ever to be produced in WA

  • @Malikramus
    @Malikramus 4 года назад +42

    Been following your channel for years. Thank you so much for covering this. It's one of the most important and pressing matters of today.

    • @sghqz
      @sghqz 4 года назад +9

      Youre breathtaking !!!

    • @Malikramus
      @Malikramus 4 года назад +7

      @@sghqz You're breathtaking! You're all breathtaking!

    • @wvlfboyy
      @wvlfboyy 4 года назад +2

      Back when it was still ColdFustion not ColdFusion. yea....

  • @charlesqdu
    @charlesqdu 4 года назад +78

    Money won't necessarily bring happiness, but having some is better than having none, right?

    • @EnterTheSoundscape
      @EnterTheSoundscape 4 года назад +9

      Money won’t bring you happiness, but it does solve most of your problems.

    • @Syklonus
      @Syklonus 4 года назад +8

      It's not about bringing happiness, it's about giving everyone a minimum basic standard of living so that they are free to pursue happiness without fear of starvation or homelessness. At the moment there is no basic standard, and motivation for working is done out of fear rather than inspiration. A UBI values the individual as a human being and a person rather than just the value of their labour.

    • @marciaosullivan3200
      @marciaosullivan3200 4 года назад

      @@Syklonus there doesn't need to be a basic standard because why else will you work

    • @dumyjobby
      @dumyjobby 4 года назад +1

      then go to work my friend

    • @jasonsmuthers5916
      @jasonsmuthers5916 4 года назад

      The lack of it definitely causes problems, stress & unhappiness

  • @peterlittlehorse5695
    @peterlittlehorse5695 Год назад +3

    The idea of a guaranteed basic income is hated by many but it's something that people will have to learn to live with. I see a lot of animosity concerning this subject (mainly driven by jealously, the standard Canadian reaction), however in the near future most jobs won't be there for the people. AI and automation is going to replace the work of most people. Possibly as much as 65% of the current workforce will find themselves replaced by automation by 2025. There used to be a saying in Britain in the years when their woolen exports financed the empire: "when the looms weave by themselves, man will be free". The question is- free to do what? The answer should be: Free to grow on a personal level, and as a society free to explore the boundaries of existence as this phenomenal technology grows. This will be a monumental change for humanity and it should be embraced, not feared or loathed by petty people who can only see it as "someone is getting free money, damn them". Eventually, everyone will be in the same boat. Automation is the only way, in the long run, for humans to advance in leaps and bounds and eventually be able to reach for the stars. Petty jealousies will only add an unnecessary level of angst to those who will be first to be making the transformation to the inevitable post-work world. Many people see this new government policy as being akin to Communism. Well it is; however communism is what you will have when automation puts everyone on the same jobless playing field. Let's just hope that this time the communal good is put first and the world won't have to repeat the horrors of the past century. Because, if the communal good is not put first and foremost, it would be only too easy for the world to descend into a mindset that views the non-working classes as 'useless-eaters'. The automation is coming like it or not. Learn how to embrace this huge change in a positive way. It will be a major upheaval and society would do well to realize in advance that there is no stopping it nor should there be. It would be instructive for all to read the 7th paragraph of "The Gods of the Copybook Headings" by Kipling, and see if we can't strive to do better this time around.
    I'm not a socialist and I don't believe in socialism or communism, but the jobs won't exist in the future and therefore the people won't either unless they are given the means to exist. The same automation that will eliminate the jobs can provide for the people. To not realize this or to be opposed to this eventuality is like being opposed to free energy systems because it sounds too much like 'socialism'.
    Only when mankind can progress beyond physical work required for survival (and that's what today's world of employment is regardless of its high technology and fancy titles and ability to work a day while keeping one's hands clean) can we begin to really develop our true potential. The automation is coming, and everyone should be welcoming of it. It will be a tumultuous time, some people will see a reduction in their standard of living but many other people around the world will be able to jump straight from a hard labour/tribal/agrarian life into the better life afforded by these advancements in technology, but it will be a necessary growing pain of the human race. If we fail to accept this transition in the proper way we will be doomed as a species.

  • @Luna.3.3.3
    @Luna.3.3.3 3 года назад +1

    *100% in favour of a **_Robot Tax_* !!! THAT seems fair and I'm not sure about UBI, but for sure, the taxed MuST be used toward the people out of work and social programs. I appreciate this doc! Thanks, really makes me understand it a lot better

  • @TheNightquaker
    @TheNightquaker 4 года назад +262

    "Humans can only work about 8 hours a day". Yeah, tell that to all the crap companies that have 12-14 hour workdays, 6-7 days a week.

    • @CultofThings
      @CultofThings 4 года назад +19

      Thank you Human Capital, your complaint has been noted with Human Resources, now please continue digging your own grave and have a nice day! -> Future of Work

    • @arturodelarosa4394
      @arturodelarosa4394 4 года назад +13

      ok. Let's say it this way. Humans can only produce a fixed amount. Adding more hours only makes said production spread out within those hours.

    • @IAintScaredOfNoGhost
      @IAintScaredOfNoGhost 4 года назад +3

      @@arturodelarosa4394 not true in all jobs, but I see your point. Mostly, those who work more than 8 hours, require more sleep, with no time to sleep, so their family life and maintenance of their property and cars, etc, suffer (depending on pay, some jobs have wages that outpace the cost of paying others to do said work for you). This is a very complicated issue. But mostly, family and social life suffer, and medical weights on society from a population that is overworked, most probably creates more inefficiencies in GDP growth, if you cycle through to the end of the circle and how it affects the nation as a whole.

    • @jan4213
      @jan4213 4 года назад +3

      up to 18 hours a day, frequently happening in germany as well

    • @kennyloong90
      @kennyloong90 4 года назад +2

      @@jan4213 true.. For high pay job. low pay job mostly 40hour a week

  • @Puntsagpaldan
    @Puntsagpaldan 4 года назад +87

    Couldn’t be more appreciative for Cold Fusion to explain this issue more broadly Andrew Yang for 2020 President.

    • @kinnish5267
      @kinnish5267 4 года назад

      UBI was tried in Finland in 2017-2018 and was a complete failure. Sad but true. Yang could have explained that

    • @TylerSpark714
      @TylerSpark714 4 года назад +8

      @@kinnish5267 The UBI experiment wasn't regarded as a failure at all. Even the study stated that the results were inconclusive.

  • @livethefuture2492
    @livethefuture2492 3 года назад +2

    something like UBI will actually allow people to educate themselves, or pursue something else, so it would allow people to be more skilled, and more productive.
    i think it will be a base level of support that will allow more people to pursue more skilled jobs and better their financial position.

  • @illegitimateotaku794
    @illegitimateotaku794 3 года назад +4

    Over here in the UK, UBI is growing in popularity. Two of our parties have added the UBI to their manifestos/party platforms and there is a debate within one of our mainstream parties about supporting UBI.

  • @DarkDrai
    @DarkDrai 4 года назад +73

    I'm subscribing because you added your track list to the description. Please keep doing that.
    Also: #YangGang

    • @DarkDrai
      @DarkDrai 4 года назад +1

      @Cool lol no

  • @4relevants
    @4relevants 4 года назад +36

    UBI is about 2000 years old. In Ancient Rome bread and games was free.

    • @furreos4811
      @furreos4811 4 года назад +1

      we gotta go there to complete the cycle

    • @Hebdomad7
      @Hebdomad7 4 года назад +13

      ​@@prajwal9544 No, but it was corrupted by the elite. It fell apart because the ruling class owned all the land and all the slaves . The rest of the citizens had little to no economic opportunities. Many where no better than slaves themselves, even those who had served in the military.
      Free bread and circuses was implemented as a method to prevent violent revolution.
      But in the end, it did not stop the empire shattering into pieces.

    • @ponraul1221
      @ponraul1221 4 года назад +3

      And capitalism has been around since the start of human history.

    • @mr3x2x
      @mr3x2x 4 года назад

      @@prajwal9544 it failed without needing to

    • @esatd34
      @esatd34 4 года назад

      @@ponraul1221 They love to keep everything in their own pocket

  • @jve89
    @jve89 4 года назад +9

    UBI would be a very welcome thing right now in times of viruses and collapsing markets.

  • @derek04151
    @derek04151 2 года назад +2

    Andrew Yang is correct. We just have to decide if we are going to go down that road.

  • @DeanMasley
    @DeanMasley 4 года назад +53

    Love that Andrew Yang has brought these issues to the 2020 campaign. It's been exciting to see his rise and increasing attention across the country. #YangGang

    • @LuigiRaccoon
      @LuigiRaccoon 4 года назад +1

      Don't even go there. That's a private area and it's against the law to make advances towards me without my permission. I'm a human. Not a pornography vending machine!

    • @alinatarasyukrussianrefuge6549
      @alinatarasyukrussianrefuge6549 4 года назад

      low intelligence c0mmies all excited at the thought of a paltry 1000$ stipend. lol

  • @rafqueraf
    @rafqueraf 4 года назад +155

    The purpose mental state dilemma isn't worse than the mental state of being a homeless foodless wifeless hopeless

    • @tysk5729
      @tysk5729 4 года назад +9

      i agree you dont need a job to have purpose in your life
      you need a job to not starve to death and be homeless being able to do stuff like drive around to another city with friends to go get a drink or go shoping what ever

    • @RedPandaStan
      @RedPandaStan 4 года назад +1

      Yeah, I find it hilarious. We think that working is necessary but it really isn't. That's why the other candidates solution of "retrain them" or "give them a federal job" makes zero sense to me.

  • @flexprog3374
    @flexprog3374 3 года назад +6

    Thank you so much, this is a great video on this subject. Crucially, it speaks of the issue as what it is : a societal/lifestyle problem we will all face and its most probable solution. Too often, this issue is linked with political views and that makes it too polarizing/difficult for people to relate to.
    I also agree with your point of view that not a lot of people are inherently lazy or unproductive. By talking to a lot of people from different walks of life, I can tell that a big majority of us need something to do in life and will work towards something that has a value, by doing what we love, what we are good at, or by helping people we love.
    Sometimes what we want to do is not seen as "real work" by society because it doesn't create money, goods, or "services". But entertainment, art, heritage, education, taking care of our family, our community, of sick people, of our elders, etc. all these things are very useful to a society and are rarely well paid, sometimes not even paid, often not even seen as real work. UBI would certainly help a lot of people who really want to do more of these things that are seen as "unproductive".

    • @wlonsdale1
      @wlonsdale1 2 года назад

      YOu can do all of that now.

  • @danielnieto7346
    @danielnieto7346 Месяц назад +4

    You need to create a part 2 for 2024 cause im legit seeing in the next 5 to 10 years ai will take a large set of both blue collar and white collar work and also see how greedy the mega rich are.....

  • @akira28shima32
    @akira28shima32 4 года назад +18

    UBI is a transition for our society to figure out the meaning of life, job and purpose without starving while the machine take our jobs away.

    • @Roshan_420
      @Roshan_420 4 года назад +1

      Keith Chin nah people will just become lazy like they already are while on welfare

    • @calysagora3615
      @calysagora3615 4 года назад

      UBI is just another form of socialism. It's the flat-earth theory of economics, based in a complete illiteracy of basic economics. Statetheism at its finest.
      It's the insane belief that you can just create instruments for the exchange of value, without creating any actual value. It's the fallacy that always leads to runaway hyper-inflation and millions of starving humans, like klockwork.
      Remember, the government has nothing, everything it gives away it have to steal first, or falsify. UBI can only come from either using the state monopoly on violence to back perpetual extortion ("taxation") or systematic forgery.("printing money").
      All of it is based on the violence-based cult of statetheism and it's ad Verecundium fallacy (belief in and argument from false authority).
      Personally I only support solutions based on human rights, not imaginary entitlements. I only see solutions based on free association, voluntary participation and mutual consent as valid.
      Voluntaryism > Statetheism

    • @akira28shima32
      @akira28shima32 4 года назад

      Roshan So it’s ok for us to print 4 trillions to bail out big banks , but it’s NOT ok for us to tax big tech companies and use it to fund UBI.

    • @akira28shima32
      @akira28shima32 4 года назад +2

      Calys Agora I don’t mind the government stealing money from Amazon in a form of VAT and use that tax money to fund UBI. Less you think Amazon should continue to pay Zero tax will it kills Americans retail jobs and malls.

    • @Roshan_420
      @Roshan_420 4 года назад

      Keith Chin 2 negatives don’t make a positive
      That would ruin the while economy and make money worthless because everyone has a lot of money thus it’s worthless since everyone can afford anything and prices go up etc etc look at germany back in the day, it worked so well /s

  • @g1kluang
    @g1kluang 4 года назад +64

    Just a few comments:
    1. UBI will create inflation - Yes it will but advance in technology will make most of consumer products cheaper and more accessible.
    2. Crime rate will drop? - Yes because people will tend to commit less crime because UBI wont be for those who are in prison or those who commit crimes.
    3. People will demand higher wages or even worst, they will be lazy and will not work - It will certainly happen at a very small % of people, but the majority of them will tend to use the money wisely. Ask yourself, if you have extra $1K, will you stop working?
    4. Remember Amazon paid 0 dollars in taxes to the US government! I'm not even American bt I certainly hope this model would work and would be beneficial to my own country in the future! :)

    • @ch311o5
      @ch311o5 4 года назад +9

      Addressing your first point even though it is true, I want to add that the inflation rate Ubi will increase is around 0.01% or something minimum like that. And the average inflation per year is 2-3%. Meaning that the inflation UBI will cause is minimal.

    • @richardoloot1295
      @richardoloot1295 4 года назад +8

      we already got inflation and ever increasing debt.....look deeper.

    • @richardoloot1295
      @richardoloot1295 4 года назад +6

      we already have inflation because we print money. End of that point.

    • @anonymoushuman701
      @anonymoushuman701 4 года назад +5

      UBI cannot actually create inflation, because more money is not being printed. It is just moving already existing money around. Only creating more currency can create inflation.

    • @richardoloot1295
      @richardoloot1295 4 года назад +6

      @@anonymoushuman701 true, the Central banks are constantly quantitative easing, printing money (for the banks) therefore devaluing the currency. On top of this zero interest rates in the upper chambers and of course the general public get slapped with 17 percent apr+ on credit cards/loans, so all this low interest crap is con job.

  • @Triathletefamilylife
    @Triathletefamilylife 4 года назад

    I’m way late to the discussion but I’m here because this video showed me the type of forward thinking a government can put into place quickly. I think this UBI concept is far too naive without much needed research to ensure actuarial consideration regarding the impact in a far broader context than organizational leaders are thinking of now. Also I believe more money needs to be put towards putting healthcare moving forward based on on our current global crisis. However, I believe this, THIS, “UBI”!!! Needs to be given a look at almost as much as healthcare. Thanks for the video!

  • @FaradHusky
    @FaradHusky 2 года назад

    There's people in this would without a passion for their hobby.
    That one kicked me hard while down. I've spent over a decade trying to find a hobby that lasts...
    The ones I used to love as a kid are now either banned, VERY banned, or just impractical due to living in a small flat vs with my parents in a spacial house.. (Fireworks from scratch, Europe..)
    So yeah. Finding "value in life" outside work without having a hobby, is very difficult...

  • @-yaoshmite-1581
    @-yaoshmite-1581 4 года назад +55

    Well, if there ain't no purpose, READY PLAYER ONE. Use modern technology to solve it again.

    • @HardKore5250
      @HardKore5250 4 года назад

      - Yaoshmite - Bingo hell yeah that will be possible 2025 or 2027!

    • @mr.sunflower3461
      @mr.sunflower3461 4 года назад

      @@HardKore5250 yep

  • @reallynow5357
    @reallynow5357 4 года назад +156

    Money can't buy you happiness. But it definitely helps you get there. 💯 #UBINOW

    • @reallynow5357
      @reallynow5357 4 года назад +3

      @Bob Smith $1k can help better than nothing at all. You can change career paths, go back to school or start a biz w/ it.

    • @awdrifter3394
      @awdrifter3394 4 года назад +2

      If you're in US, check out #YangGang.

    • @Yggdrasill8
      @Yggdrasill8 4 года назад +3

      UBI is never going to work. Landlords, who are among one of the biggest contributors to socioeconomic growth, will only increase the rental prices for there tenants accordingly. Prices for goods and services will increase gradually to a point where you are required to have a UBI and Job just to survive, back at square one.

    • @guusvanderwerf
      @guusvanderwerf 4 года назад

      Doing What? @@reallynow5357

    • @sara_m
      @sara_m 4 года назад

      @Bob Smith It helps

  • @derek04151
    @derek04151 2 года назад +2

    A UBI spinoff benefit is also that it would help to preserve the arts/support artists.

  • @dcaban85
    @dcaban85 3 года назад +8

    main question is, who is gonna be the owner of the chain of production? do you really ppl want to allow corpos like walmart or amazon to go full monopolic? dangerous and your politicians are selling your future and safety.

    • @wlonsdale1
      @wlonsdale1 2 года назад

      We're already there. Fascism is at our door