NVIDIA CEO actually said this..
By Asmongold TV
Summary
## Key takeaways - **90% Knowledge AI-Generated Soon**: In a couple of years, maybe two or three years, 90% of the world's knowledge will likely be generated by AI. There's no difference learning from a textbook by unknown people or AI assimilating and re-synthesizing knowledge, as long as we fact-check both. [00:20], [00:41] - **AI Replacing 11.7% US Labor**: MIT study found artificial intelligence can already replace 11.7% of the US labor market or as much as 1.2 trillion in wages across finance, health care, and professional services. Amazon is on the cusp of replacing 600,000 warehouse jobs with robots. [02:08], [02:24] - **44% US Jobs Automatable**: 44% of American jobs are either repetitive manual or repetitive cognitive and thus could be subject to AI and automation. A million truck drivers, 94% male with high school education, could be out of work from self-driving cars alone. [07:54], [07:24] - **Cook County UBI Pilot Success**: Cook County provided $500 a month to 3,200 households over two years; 94% used funds for financial emergencies, 75% felt more financially secure, and 70% reported positive mental health impact. Now approved $7.5 million for permanent program. [05:14], [05:20] - **Tax AI Firms for UBI**: Anthropic CEO Dario Amodei said to tax AI firms; hundreds of billions in value realized on data we unwittingly provided, but most Americans see none. AI companies should pay back into the system as they're the reason it exists. [08:46], [09:04] - **1% Captures 90% Wealth Gains**: Over 90% of all wealth gains since COVID recovery went to 1% of population, while stock market and GDP rise but average people can't afford groceries or homes. Economic metrics obfuscate reality to keep disparity hidden. [12:24], [13:28]
Topics Covered
- 90% Knowledge Soon AI-Generated
- AI Displaces 40% Jobs by 2030
- Tax AI Firms for UBI Funding
- GDP Hides Median Wage Collapse
- Elites Distract from Inequality
Full Transcript
knowledge in the world will be generated synthetically going forward. You know,
until now >> the knowledge that we've we have or knowledge that we generate and we propagate and we send to each other and
we amplify it and we add to it and we modify it. We change it
modify it. We change it >> in the future.
>> No, it's going to be true. I think he's right.
>> In a couple of years, maybe two or three years, 90% of the world's knowledge will likely be generated by AI.
Damn.
Damn. That's crazy.
>> I know. But it's just fine.
>> But it's just >> I know. And the reason for that is this.
Let me tell you why.
>> Okay.
>> It's because um what difference does it make to me >> that I am learning from a textbook that was generated by a bunch of people I didn't know
>> or written by a book that, >> you know, from somebody I don't know. uh
to uh knowledge generated by AI computers that are assimilating all of this and reynthesizing things.
>> I think he's right.
>> I do. I agree with him.
>> To me, I don't think there's a whole lot of difference.
>> We still have to we still have to fact check it. We still have to make sure
check it. We still have to make sure that it's, you know, based on fundamental first principles and >> we still just like we do today.
>> How do you know the AI is correct? How
do you know the textbook is correct? Do
you really think that textbooks report on things and uh explain things in a way that's completely unbiased and reasonable? No, absolutely not. And oh,
reasonable? No, absolutely not. And oh,
there's this. Yeah, I might. Yeah, let's
look at this. So, this is a guy I remember whenever this guy was running.
See, Andrew Yang ran in 2016, and this was again almost 10 years ago.
and he ran on the idea of universal basic income, people getting paid because he said technology is going to replace everybody's jobs. Unfortunately,
[snorts] he was early.
AI is no longer an abstract threat. It's
causing job loss right now. And the
headlines, they tell the story. The
Massachusetts Institute of Technology, MIT, on Wednesday released a study that found that artificial intelligence can already replace 11.7% of the US labor
market or as much as 1.2 trillion in wages across finance, health care, and professional services. The New York
professional services. The New York Times recently reported that Amazon is on the cusp of replacing what would be 600,000 warehouse jobs with robots. Wow.
Surely it won't. Surely that's the end of it, right? There's no way technology will ever improve. This has got to be as bad. This is going to be as bad as it's
bad. This is going to be as bad as it's going to get.
>> Plans to automate 75% of its operations.
CNBC reporting that Salesforce, Walmart, Paramount, UPS, YouTube, and Meta have all announced new rounds of layoffs attributable to AI with nearly 1 million
job cuts nationwide this year. That's
the job loss that we can measure. Now
consider what some are predicting about the future. Goldman Sachs estimating
the future. Goldman Sachs estimating that 6 to 7% of the US workforce could be displaced due to AI adoption.
>> Only 6 to 7%. There's no way it's that low. Maybe it's like in like this year
low. Maybe it's like in like this year or something like that, but as a projection, there's no way. They do note however that the impact may be only be transitory because new opportunities
created by AI might ultimately put people to work in other capacities.
>> I doubt that and I think that to the extent that it does it will do so at a 10 to1 ratio or something even worse than that. Like yes AI and technology
than that. Like yes AI and technology will create jobs but it will remove them at a much higher ratio. A report by the McKenzie Global Institute finding that
AI could displace 40% of American jobs due to automation by 2030. That analysis
found that robots and AI agents could automate more than half of US work hours, both manual and cognitive using technology that's available today if companies redesigned how they'll do
things in the future. The World Economic Forum projecting that 92 million jobs worldwide may be displaced by 2030.
Ford's SE >> that's like [ __ ] four years almost.
Oh my god.
>> Eio saying that AI could replace half of all white collar workers there.
>> Wow.
>> NYU professor Scott Galloway predicting that AI will hit middle management first noting that 6% drop.
>> Yeah. Because they don't [ __ ] do anything. That's the reason.
anything. That's the reason.
>> Managers at public companies since 2022.
So here we are. AI eliminating jobs.
More automation coming. If millions of people lose work, how will they support themselves? This is where an idea from
themselves? This is where an idea from the 2020 presidential campaign returns to the conversation. Universal basic
income or UBI.
>> Here we go.
>> The concept pretty straightforward.
Every American adult would receive a set check each month.
>> For Cook County, Illinois, which includes Chicago, >> this concept just became reality. The
Cook County Board of Commissioners unanimously approved its 2026 budget proposal just this month. It includes
$7.5 million for a guaranteed basic income program. Commissioners approved
income program. Commissioners approved it after the success of a pilot program.
>> The county provided $500 a month to 3,200 households over two years. Survey
findings based on that pilot revealed that 94% of the program recipients used the funds to address financial emergencies. 75% reported feeling more
emergencies. 75% reported feeling more financially secure. 70% program had a
financially secure. 70% program had a positive impact on mental health.
>> Of course, there's the question of how do you pay for it? In the case of >> Well, you just tax people more [ __ ] money. Obviously, that's clearly how you
money. Obviously, that's clearly how you do it. Like, what do you mean how do you
do it. Like, what do you mean how do you pay for it? It's obvious.
>> County as a result of the decrease in commercial real estate values.
Everybody's property taxes $500 a month are now skyhigh.
>> 500 is better than zero. You got to start somewhere. in Chicago rising 16.7%
start somewhere. in Chicago rising 16.7% the largest jump in at least 30 years.
West Garfield Park saw an increase of 133%. North Lawndale 99% Englewood
133%. North Lawndale 99% Englewood 82.5%.
>> And there's push back from the Illinois Policy Institute which cites concerns about workforce and income effects.
quote, "Cook County is making its guaranteed income pilot permanent and committing millions to a failed strategy already shown to leave people with less work experience and lower earnings."
>> Back in 20 >> so stupid 20, it was presidential candidate Andrew Yang who called his version of universal basic income the freedom dividend. specifically $1,000
freedom dividend. specifically $1,000 per month. No work requirements, no
per month. No work requirements, no means testing, direct payment to help people cover bills, weather economic transitions, >> and adapt to a job market reshaped >> by technology.
>> Andrew Yang joins me now. Andrew, nice
to have you back. I pulled a profile of you from 2018 when you were just on the cusp of announcing your candidacy.
>> Here's a quote that you provided to the author of the piece. You said need is self-driving cars to destabilize society in a few.
>> Yeah. And he said this in 2018. Now
there's Whimos [ __ ] everywhere.
[snorts] Like self-driving cars is probably going to be the reason why if Elon Musk does it the right way, he will become the world's first trillionaire.
That is it's gigantic. years, we're
going to have a million truck drivers out of work who are 94% male with an average level of education of high school or one year of college. That one
innovation will be enough to create riots in the street. And we're about to do the same thing to retail workers, call center workers, fast food workers, insurance companies, and accounting firms.
>> It was seven years ago. How is that quote aging?
>> It's a aging very, very well.
>> Disturbingly well. Well, unfortunately,
Michael, I'm so glad that we're having this conversation. 44% of American jobs
this conversation. 44% of American jobs are either repetitive manual or repetitive cognitive.
>> Exactly. Yeah, it they're [ __ ] jobs where you just put the thing in the box.
Put the thing in the box. Put the thing in the box. Put the thing in the box.
You really think you can't get a robot to do that? I mean, what are we talking about? Of course,
about? Of course, they're bot jobs, literally.
>> And thus could be subject to AI and automation. And we're seeing that unfold
automation. And we're seeing that unfold right now. It's heartbreaking for me
right now. It's heartbreaking for me because I feel we could be doing much much more for the millions of Americans who are going to be displaced.
>> Yep.
>> I know that Cook County is just a microcosm, but I'm sure in in hearing about their experience, people are wondering, okay, Andrew Yang, we're on board now. We get it. What you saw seven
board now. We get it. What you saw seven years ago, the rest of us see. Yeah.
>> But how do we pay for it?
>> Taxes. More taxes. Obviously,
>> the CEO of Anthropic, Dario Amade, just raised his hand and said, "You guys should tax us, the AI firms." And right now, >> that's true.
>> Hundreds of billions of dollars of value is being realized by Anthropic and these other firms on the back, by the way, of data that we all provided uh unwittingly.
>> I I I never thought about this. This is
a really good insight that Yeah. I mean,
I I think that to an extent the AI people should be Yeah. you should be paying back into the system because you're the reason like we're the reason why your system even exists
>> actually, you know, didn't agree to it.
>> Um, but it's trillions of dollars of value and most Americans aren't going to see a dime of that. So, if you have an AI company saying you should tax us, I think we should take him up on his suggestion. And if if you have an AI
suggestion. And if if you have an AI tax, >> it's I think it's more robotics and automation in general, right? Right. I
mean you you look at a AI is like a uh it's a red herring in a degree that like robotics and automation is really like this is like an umbrella term and AI is one thing that's under that
umbrella and sometimes it's above it depending on what's happening but in a general sense that's where things are going >> or compute tax you get to very big numbers very quickly >> robotics.
So they're now referring to the magnificent 7 or the S&P 493 instead of the S&P 500. I put a a graph on the screen right now for the
benefit of everybody at home. The
Washington Post had this coverage. The
the point was that if you strip out Alphabet Amazon Apple Meta Microsoft, Nvidia, and Tesla, >> then you know markets.
>> Wait, [laughter] what?
So it's like seven companies that are tech companies are like mass. I've never
seen this before. So, they're popping off on this insane level and everything else is just barely going up.
Wow.
>> Doing okay, but the market surely is what it's doing when you include those seven. And I guess my question for
seven. And I guess my question for Andrew Yang is >> what happens if that is a bubble and it bursts? Then how do you fund the freedom
bursts? Then how do you fund the freedom dividend or universal basic income?
>> It's not going to burst. It's like
saying the [ __ ] industrial revolution was a bubble or the internet was a bubble. Like, are we really going to say
bubble. Like, are we really going to say that automating jobs is a bubble? Like,
it's like, oh, cars are a bubble. Horses
are a bubble. What the [ __ ] is this? Who
thinks this?
>> Well, right now, a lot of the value that's getting generated is being hoarded or held by a handful of companies. Michael, I think you're
companies. Michael, I think you're right.
trying to spread value gains more broadly across the market uh and to people.
>> Well, this has been a problem ever since the 70s like since I've been before I've been alive. Uh is that you have like
been alive. Uh is that you have like this is you look at the stock market and the stock market's going [laughter] it's going up really fast, right? But
are you guys making any more money? A
lot of people aren't. So a McDonald's [ __ ] Big Mac is $7 now, but you're still making five.
What the [ __ ] happened?
So this is the issue. No one buys homes.
Exactly. [snorts] So the problem is that while the wealth in the country is going up, it's going up and it's being disproportionately allocated to like a
few people, literally like a few people in some cases. And in general, the 1% of the population has had I think it's like
over 90% of the wealth gains since the recovery from COVID. Over 90% of all of the wealth gains are from 1% of the people.
That's insane.
It's ridiculous. And it's going to get worse.
Right now, US GDP is around $85,000 per person and trending upward because regardless of whether AI as an investment thesis >> well I mean a GDP is per person. I mean
this is a this is a mean and not a median. I think the median is going to
median. I think the median is going to be a lot lower than 80,000. I think
everybody knows that >> is a little bit overhyped. You know that it's going to have a positive effect on GDP. Yeah.
GDP. Yeah.
>> So if you have 85,000 >> but this this like this is like these are like these abstract trillion dollar
numbers like GDP S&P 500 NASDAQ these are like oh this x amount of trillion dollars. This is not real to an average
dollars. This is not real to an average person. It's just not real. They're fake
person. It's just not real. They're fake
numbers. The truth is that an average person goes to the store and they can't afford groceries. It doesn't matter how
afford groceries. It doesn't matter how many graphs you show some guy, it's not going to help him be able to afford his car. That's the problem is you keep
car. That's the problem is you keep showing people, oh well, look at the graph. The graph is going up. That's
graph. The graph is going up. That's
nice. But my wage didn't.
That's exactly it. And this is the problem. This is the disconnect. And
problem. This is the disconnect. And
this is the reason why all of these [ __ ] professionals and experts and these people are all [ __ ] retards.
They're all retards that are either lying to you on purpose or they're doing it on accident. But either way, they're lying to you. They look at, "Oh, there's such a big recovery. There's this thing
and that thing." No, it's not. It's
absolutely not a recovery. You go and ask an average person. You look at a stock market between now and 2018. You
ask somebody, "Was their life better?
Would they have more purchasing power between now and 2018?" Unless that person had a big life change, like they got a great job or something like that.
I can almost guarant [ __ ] tell you that back in 2018 their life was better.
Let me ask you guys, was your life did you have more purchasing power comparatively in 2018 or do you now? I'm
sure some of you guys will say now because y'all probably got into a job, you got into a new career and that's it.
Yeah, absolutely. Right. Yeah. And so
lot a lot a lot of people, right?
Everybody knows this. And so how is it that the stock market can keep going up?
How is it that the GDP can keep going up? How is it that every single uh you
up? How is it that every single uh you know abstraction of the economy can go up but the average person's lived experience is that life is getting
worse? Well, the reason why is because
worse? Well, the reason why is because these numbers and these these data points are deliberately created and they're used to obfuscate the reality of
the economy to the average person because all of the rich people don't want anybody to figure that out. That's
why they keep everybody fighting over.
Oh my god, can you have a transsexual dog? Wait, how many genders are there?
dog? Wait, how many genders are there?
Look at the Somalians.
Like, I don't think that there should be a bunch of Somalians here either, but let's not pretend like that's the main problem.
It's not even in the top 10. It doesn't
mean that you shouldn't get rid of people that shouldn't be here, but that's not the reason why things are a [ __ ] hole.
That's it. Oh wow.
Can you have a gay kid? Can your kid transition at seven years old? Why don't
you guys fight each other over that rather than see that these gra these graphs are not respective at all of an average person's experience?
Can robots have genders? Yeah, let's
think about that rather than are robots going to take your [ __ ] job? And so
this is the problem. And people like again the Democrat party has been completely poisoned with identity politics. Totally poisoned. I think
politics. Totally poisoned. I think
irrevably so. I don't think that it's ever going to get out of the identity politics. I think you need a new party.
politics. I think you need a new party.
It's got cancer and it's terminal. And
the Republican party isn't that much better. But the Republican party has
better. But the Republican party has been cancer. It has been the party of
been cancer. It has been the party of big business. It has been the party of,
big business. It has been the party of, you know, putting the 1% over the 99% because you've convinced the 99% that they are the temporarily embarrassed 1%.
This is what's happened. And so it it's not like either of these sides are on your side. Neither of them are America
your side. Neither of them are America first. You're talking about
first. You're talking about international businessmen, international business owners that have citizenship, residences, and living spaces all over
the world. They have no real obligation
the world. They have no real obligation to America. They have no loyalty to
to America. They have no loyalty to America other than the opportunistic advantage that America would provide that obviously. Okay. Well, this is the
that obviously. Okay. Well, this is the biggest economy, so I want it to do well. That's it. That's it. There
well. That's it. That's it. There
there's no uh shared purpose. There's no
shared goal. There's no ideology that's driving this. It is just simply uh
driving this. It is just simply uh economic convenience. That's it. That's
economic convenience. That's it. That's
all it is. And meanwhile, you're working. You can't get a [ __ ] job.
working. You can't get a [ __ ] job.
You're competing against a robot, a Somalian, and a woman who gets a higher [ __ ] score on something because she was born with a different [ __ ] gender than you. And meanwhile, you think it's
than you. And meanwhile, you think it's the it's it's the woman who's the enemy.
No, it's the person who made the system that did that. But they're they're keeping you getting mad at them so they don't so you're not mad at the other people. That's it. That's the ba that's
people. That's it. That's the ba that's the main problem that and and and I want to say that is the that is the prime evil. That is the prime ultimate
evil. That is the prime ultimate absolute evil. And it grows bigger every
absolute evil. And it grows bigger every single year. Every single consumer
single year. Every single consumer metric, every single metric of economic disparity is showing the two lines getting farther and farther apart. It
doesn't matter whether it's productivity and wages. It doesn't matter whether
and wages. It doesn't matter whether it's the top 1% and the bottom 50%. It
doesn't matter whether it's home ownership and renters. Every single
graph shows the exact same thing. I
amazing how nobody sees this because they're stupid. That's the And I don't
they're stupid. That's the And I don't think it's ever going to change. By the
way, I think the American public and the public in general, the average human being is so stupid, so selfish, so
shortsighted that at the worst case scenario, the rich people will just pay the poor people to kill the other half of the poor people. pay half the poor people, they kill the other half, and
then we're going to go right back to business as usual. This is never going to get better. I know, I know you might not believe me, but every country has this. You think it's perfect in China?
this. You think it's perfect in China?
[ __ ] no. They have the same general problems. In Russia, they have the same general problems. This is all over the world. This is a massive issue. Divide.
world. This is a massive issue. Divide.
Divide. Yes. Exactly. How much are we talking? Yes. This is all over the
talking? Yes. This is all over the world. And and this is also this is a
world. And and this is also this is a manifestation of the paro principle 8020 rule that applies to everything in the world basically where 80% of things are
controlled by 20% of people and the only difference that we have is that it's not 80% and it's not 20% it's 1% and it's 95%. That's the only difference that we
95%. That's the only difference that we have.
So, yes. And I don't think it's ever going to get better because nobody's going to vote for Andrew Yang. Nobody's
going to believe this stuff. Nobody
understands math. Nobody knows what country they live in. People are, you know, kids are getting You've got kids now. They grow up. They're on [ __ ]
now. They grow up. They're on [ __ ] loot boxes. They're they're like opening
loot boxes. They're they're like opening up loot boxes at four years old getting addicted to gambling. They get older.
They spend so much time on a tablet they can't walk. So, their leg muscles aren't
can't walk. So, their leg muscles aren't developed. They can't even go upstairs.
developed. They can't even go upstairs.
They can't read their name. They can't
write their name. They're 9 10 years old. They can barely figure out what
old. They can barely figure out what their [ __ ] name is. Then they go to middle school and they're getting bombarded with Only Fans ads whenever they go on to [ __ ] Instagram or
YouTube kids. And that's if they're not
YouTube kids. And that's if they're not being [ __ ] pipelined into some degenerate furry fetish [ __ ] Then you have on top of that, they're doing galaxy gas. You've got kids gambling on
galaxy gas. You've got kids gambling on rainbed and stake. Then on top of that, they go, "Oh, you know what? I want to be a basketball player." Well, there's no reason to be a basketball player anymore. Why don't you just bet on the
anymore. Why don't you just bet on the basketball players? That's what all the
basketball players? That's what all the cool celebrities do. So, they're
addicted to sports gambling. And then
they get older, they get addicted to real gambling. Then they get older than
real gambling. Then they get older than that. And now they're addicted to
that. And now they're addicted to prediction market gambling because it's being advertised by CNN. And so you have people, oh, and by the way, they never learn about statistics. They never learn
about economics. They never learn about
about economics. They never learn about any sort of accounting. The only thing that they learn about is uh what year uh some president uh you know decided that
someday would be a holiday, but they don't know how to balance their taxes.
They don't know what a 1040 is. They
don't know any they don't know what a statistic is. They don't know what the n
statistic is. They don't know what the n means inside of a sample size in a uh in a [ __ ] study. So these people are so functionally [ __ ] [ __ ] that they
might as well just be batteries. They'd
be batteries. They'd be more useful to society. And this is a carefully
society. And this is a carefully engineered conveyor belt to turn people into but [ __ ] slaves. Basically,
that's it.
And I I I'm losing my [ __ ] mind. I'm
losing my [ __ ] mind seeing this happen. And the only way that I can
happen. And the only way that I can [ __ ] uh deal with it is I think to myself, well, hey, it's not going to happen to
me. It's natural selection. Well, people
me. It's natural selection. Well, people
are getting selected and it's happening a lot faster than you think. And the
worst part is they'll select themselves.
If you want to do something that's truly against the will of the people, put it to a vote. It's so sad.
It's so [ __ ] sad. That's what I think.
head, then having $12,000 a year, which I proposed >> in 2020, actually seems pretty modest and reasonable, and that's going to be affordable regardless of what happens
with some of these firms valuations.
>> Oh, and by the way, one little bonus event. Um, all of this migration and
event. Um, all of this migration and refugees and migrants and open borders, this is for the 1% of people. Do you
think this is helping the working class having to compete with some [ __ ] migrant from Honduras that's going to work for $3 an hour? No. But it's
helping the person that owns the business that's hiring him under the table.
>> As you envisioned the freedom diving, every everybody gets a check, whatever that amount.
>> I think you should have means testing like if if you if you're making over a hundred grand a year, you shouldn't be getting a check from the government.
Like realistically, >> what becomes of other federal >> that's 10% that by the way that's like 10% of the population. It's a very big amount of people.
>> Well, I intended the freedom dividend to try and clear up and clean up some of the bureaucracy and administration uh that's currently being applied. I spoke
to a disabled woman in Iowa during the campaign and she said she wants to volunteer in her community, but she's afraid to because she's afraid to lose her disability payments. And I think
most people look >> That's [ __ ] pathetic.
That's so pathetic.
>> And if if you understand the way that these uh entitlement systems work, you would know that she's completely right.
That's exactly how the entitlement systems work.
>> Would say, "Well, that's not right."
Like the intention is not to >> And also somebody in chat, this is a really great statistic.
Did you know that someone who makes $65,000 a year makes less than someone that makes $28,000 a year with benefits?
This is a this is a [ __ ] level of men maxing that should have never happened. Should have never happened.
happened. Should have never happened.
And oh yeah, by the way, all the politicians that support this stuff hate America. They hate America. They want to
America. They hate America. They want to make you a slave. They want to replace you with a robot. They want to take away your rights. And they want to make sure
your rights. And they want to make sure to have you say thank you. And they also want to moderate your thought to make sure that you never even consider saying, "Hey, I don't like this idea.
>> This woman to stay home." So, if you can put this into people's hands and say, "Look, this is going to be yours regardless." uh then it empowers them to
regardless." uh then it empowers them to go out and hopefully build things, start businesses, uh and participate in their community. Capitalism does not work very
community. Capitalism does not work very well if people don't have money to spend.
>> Yeah.
>> So, is this >> not capitalism? I mean, it's it's just really not.
>> Capitalism that we're talking about, it sounds rather socialist, doesn't it?
That everybody's going to get a check and therefore they won't have to go to work because >> this is the most [ __ ] [ __ ] oversimplification that I've ever heard.
Yes. Very obviously there are things that are different between being capitalist and socialist. We have social [ __ ] security. We have food stamps.
Like this entire idea that all capitalist things are good or bad and all socialist things are good or bad is the reason why I think that there will never be an advancement and any sort of collective class consciousness because
people are so brain dead [ __ ] [ __ ] that they can never even be able to see. They can't understand things on anything that's not a buzzword. They're like uh [ __ ]
buzzword. They're like uh [ __ ] Pavlovian dogs. They hear the word
Pavlovian dogs. They hear the word socialism.
[panting] What? Whether they like it or not, they
What? Whether they like it or not, they just they have some sort of [ __ ] uh it's like a like Zoolander, right? Where
they play the song.
>> Jobs are being taken by AI >> for nuance. Exactly. Initially,
>> that's why they're going to be batteries.
>> It's capitalism where income doesn't start at zero. Michael. Uh, and you have a consumer economy >> that is predicated on folks being able to participate. And if you shove
to participate. And if you shove millions of Americans to the curb via AI and automation, then they're not going to be able to go to their local business. They're not going to be able
business. They're not going to be able to to uh meaningfully uh grow the economy. They're going to stay at home.
economy. They're going to stay at home.
They're going to end up going down internet rabbit holes and getting radicalized in many cases. I think
that's another really great point is that the reason why a lot of people are radicalized is because their life sucks dick. Your life sucks massive dick. You
dick. Your life sucks massive dick. You
have been completely disenfranchised from every single institution and social and political apparatus that exists.
[snorts] Of course you're going to be a communist. Of course you're going to
communist. Of course you're going to like Hitler because you don't really like Hitler or like communism. You just
hate your current system so [ __ ] much that you want anything that is as antithetical and destructive to it as possible to replace it. That's what you really want.
>> That's a loss. And so if if we can get people connected in various ways, uh that's the direction we should go. And
I'm not someone who thinks that this money is a silver bullet. It's going to do the trick. I mean, you still have to uh convey structure, purpose, fulfillment, community, all of the rest of it that jobs uh traditionally have
provided.
>> Andrew, a final question. There's an
academic in the on deck circle, and I'll bet you've read the stories. It's it's
Dr. Yampolski who's been quoted as saying that he thinks in 5 years we'll have 99% unemployment. I'll see it.
>> Come on. Like, what are we talking about? The most extreme example
about? The most extreme example >> in a moment. whether he's going to stand by.
>> Jesus Christ, this bald [ __ ] is just out of control. He's out. He's out of control.
>> That prediction. How bad does Andrew Yang think it will get undeterred?
>> No, it's going to get bad. I certainly
don't think 99% bad. But if you use this 44% uh of jobs subject to automation as a benchmark and then you figure that we're going to turn through let's say half of
those jobs uh over the next 10 years or so um that puts you at 30 to 40 million jobs that get eliminated insane and that would be devastating. That would be
catastrophic for many many communities.
And I think that's a realistic place to think we we're going to be heading. And
you can see how also what I think is funny about this is that CNN is playing its role inside of this ecosystem by presenting these nonsensical most
radical possible ideas and then creating a artificial permission structure to disregard them based off of their most exaggerated extrapolation.
>> Andrew Yang, thank you for framing in the worst way possible.
>> Perfect guest on this day.
>> Thanks for having me, Michael. Wish I
had better news, but >> go to my >> hopefully so. Go to my website. It's
marcottage.com. This is today's poll question.
>> Jesus.
>> Is guaranteed income a realistic remedy for job loss due to AI. Go vote.
>> Well, there you go, guys.
There you go. In case you were confused, in case you're like, "Ah, well, maybe they're giving him a fair shake." Well,
now you know that's not the case. What's
funny is people watching this interview only heard 99% unemployment. Exactly.
Yeah. It's just like it's like what are you talking about? Like you pick the most extreme possible thing and then you base everything off of that directly.
It's crazy crazy. Uh when I was streaming the money I made streaming help supplementary uh the money I made working I was doing 14 to 18 hours a day. It's not practical. Yeah. It's
day. It's not practical. Yeah. It's
awful. Absolutely. Yeah. 100%. I think
they need to frame it as worse as possible to get those old bags in government to move on policy. I I think that you are being way too generous towards them. I don't think that is what
towards them. I don't think that is what they are doing at all. Yeah, I have I I do not believe that. I don't think that.
Absolutely [ __ ] not. I think that they are trying to delegitimize it, trying to make it look as invalid and ridiculous as possible in order to
basically protect uh uh you know protect themselves.
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