4.0

The best candidate’s book I have read so far. If you can wade through the increasingly dark first third of the book, in which Yang lays out the indicators of dysfunction in the American economy and society, the policy prescriptions are well worth the patience. As he puts it, he is writing from the center of the tech bubble and, if your job escaped outsourcing and offshoring and automation, now AI is coming for it. Opioid addiction, high rate of disability, discouraged job-seekers, the gig economy, social media obsession and underemployment are all the results of a century of putting capital before humanity. One-percenters seeking immediate returns have no incentive to invest in people or communities, and the rest of us have become too demoralized to demand change—unless Donald Trump’s false promises count. Yang’s major proposal is universal basic income, or UBI, but he also recommends community service credits (a system of service bartering that strengthens ties between neighbors), incentives for better parenting like paid family leave, and a general focus on policies that unleash human potential. I came in skeptical and left inspired.