Andrew Yang
Public Servant
1975-01-13
Andrew Yang is an American entrepreneur and former presidential candidate known for advocacy around basic income and technology-era economic policy.
Quotes by Andrew Yang
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I had very little going for me as a kid except for the fact that I had demanding parents and was very good at filling out bubbles on standardized tests. I went to the Center for Talented Youth at Johns Hopkins University because I did well on the SAT. I went to Exeter because I did well on the SAT.
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Overnight successes are generally years in the making. And most progress is made in isolation, far from the public eye.
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I wear a suit most days, in part because it's suitable for any type of meeting and in part because it takes the thought out of it.
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The impending destruction of jobs due to automation and AI technologies is definitely increasing the need for - and speed at which - we have to implement big solutions, such as a universal basic income.
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I sometimes compare starting a business to having a child. You have a moment of profound inspiration, followed by months of thankless hard work and waking up in the middle of the night.
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People love Twinkies, and everyone knows about them, yet Hostess went bankrupt. Attention and commercial success have an uncertain relationship in business.
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If we focus our economy on improving human outcomes instead of just a topline GDP that is increasingly going to fewer and fewer people, we can see what Americans can do when they're free to unleash their true potential.
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Finding initial funds is the primary barrier most entrepreneurs face. Many people don't have three or six months' worth of savings to free themselves up to do months of unpaid legwork.
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I never thought I'd run for president. My parents were immigrants to this country - and leader of the free world was not on the list of careers presented to me as a skinny Asian kid growing up in upstate New York.
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A universal basic income funded by a value-added tax, which is a tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale, would spread the benefits of automation to a much wider group of people.
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The reason Donald Trump was elected was that we automated away four million manufacturing jobs in Michigan, Ohio, Pennsylvania, and Wisconsin. If you look at the voter data, it shows that the higher the level of concentration of manufacturing robots in a district, the more that district voted for Trump.
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At Manhattan GMAT, I had done my best to create a positive work environment and culture, and I further believed in rewarding people financially at or above the market rate for a job well done.
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Zoning laws making housing more expensive? That's less of a problem with a universal basic income and more of a reason to put money directly into people's hands.
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