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Andrew Yang: Yes, Robots Are Stealing Your Job

4 pointsby ajay-dover 5 years ago

1 comment

Bostonianover 5 years ago
&quot;Self-driving trucks will be great for the G.D.P. They’ll be terrible for millions of truck drivers.&quot;<p>Language matters. Someone who earns a living today driving a truck does not have the right to earn a living that way in the future if the market changes. Self-driving trucks are not &quot;stealing&quot; something from him. We all need to adapt as labor markets change.<p>The current unemployment rate is 3.6%, near a record low. Unemployment can be kept low by reducing labor market frictions and removing disincentives to work. We don&#x27;t need a massive federal handout such as a Universal Basic Income, funded by people who are working.
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