Andrew Yang
👤 SpeakerAppearances Over Time
Podcast Appearances
You should put a token tax on it, even put a number on it.
He said 3% token tax.
Now, you might say it's too low, whatever.
But the fact that legislators aren't tripping over themselves to be like, sure.
It's like, found money, let's go.
And then take that money and you could do a lot of things with it.
I mean, you know, and then you could extrapolate that across OpenAI and Grok and the rest of it.
I mean, there should 100% be an AI tax.
It should be going out to people and workers in various ways.
We should try and find ways to get off of taxing human labor.
We're going to be trying to encourage job type arrangements in every quarter.
And right now, income tax is a discouraging factor on both the employer and the worker.
So tax AI, tax the bots, don't tax humans.
And the way I would do a universal basic income, if any of them come to me and, you know, is I would...
do some amount like $1,200 a month for every American and just start paying it out as quickly as you can and let them know, look, this is from the gains of AI.
And that would improve the attitude towards AI very, very quickly because the average American doesn't see themselves benefiting.
But if they actually felt it in their bank account, then they would actually be pretty positive about it.
So...
One of the misconceptions for me about UBI is thinking that a check actually replaces a job.
I mean, a job is structure, purpose, fulfillment, community, a place to go in the morning, training, value, like all of those things.