“Is this Yang’s way of saying we should share our wealth with every country too stupid to produce rather than war?”
Yes and no, mainly yes.
Yang has a good point about jobs being lost to automation. This is the real reason to limit immigration. There is simply not going to be work for unskilled illiterate workers. In another 15 to 20 years fams will be completely automated. Medical care is going to be computerized perhaps sooner than that.
Unlike previous phases of the industrial revolution, the coming phase will not create jobs.
His question is a good one. How are people going to live if there is nothing they can do that a machine cannot do better and cheaper?
I disagree with a lot of his answers but he is asking the right questions.
NOT Governments role. If Government ran the economy we would still be making rotary dial phones and ban ATMS “to preserve Jobs”. Yang, like the rest of the current Democrat Fascist Party are complete lunatic fringe wack jobs whose idea of a “solution” is far far far worse then the “problem” it is suppose to solve.
You're right about jobs for unskilled illiterate workers drying up... but the new robotics revolution will create many jobs and new industries. When I was younger and computers didn't have screens - and were programmed with punch cards... the word was that computers would replace most workers. The tech industries employ millions. My grandmother worried dial phones would replace operators... which did happen - later computers basically finished off that occupation. I'm guessing some jobs will be lost but many more will be formed.
I have been asking that same question for over thirty years and finally people are beginning to see the rational for the worry.
People that have not kept up can get their mind changed just be exploring the Farm and construction videos on YouTube. Several years ago having not been near a train since 1963 I noticed that railroad ties were now made of cement not logs. Or take a look at how a single operator can deforest an acre of land faster than a logger cold down a few trees, let alone trim an have ready for loading.
Same goes for any other industrial process. I watched a mercedes being made beginning with a roll of sheet steal and finishing with a car on the other end. I didn't see a human until they got to putting the lights on the rear door, then wiring, dash and seats. I also watched a Mercedes truck factory turn out big trucks all with custom features at the rate of one every 90 seconds. Compare that with Ford's assembly line of old when cars were little more that buggies with engines added.