How do you tax automation? Do you reschedule depreciation or something?

The reality is our pop growth is slowing so that these low skills jobs are being eliminated might not be detrimental to our future workforce. The problem is we have sent medium/semi skilled jobs overseas and didn't prepare our workforce for it nor did we "tax" the job shipping to compensate the injured (affected) workforce. We're slapping some tariffs 30 years too late, but I guess it's better then nothing.

Changes to depreciation treatment in general, taxing revenue instead of profits above a certain target, lots of policy tools available to balance corporate and citizen interests.

A lot of damage to be undone, as you mentioned. I’m not against automation, by any means, just how the gains and productivity from it is currently distributed (versus more equitable models).

No better to do a UBI. The jobs aren't good for the workers, only the money is.

Minimum wage you can think of as subsidizing automation—pay more or automate. That's not bad to the worker, and not a policy I'd complain about, but the tech industry doesn't deserve the subsidy.

UBI is more neutral, you pay more whether you automate or not, and the worker still has more negotiating power. This is better.

I think UBI should be the end goal, but we're not ready as a people for it yet. Too much feeling versus rational economic thought.

UBI is looking unworkable. Mature economies might have some reserves you can milk.

Tell me how does UBI work in a place like Cuba, Haiti or the Philippines?

Yang is saying $1000 per adult per month (he used to use the more undefined “per person” previously.

At 1000/adult/month one, it’s too much and the economy can’t afford that and two, despite that, that’s not enough for a family of four with two adults two unemancipated ($2000/mo).