Andrew Yang says the next startup wave isn’t building AI. It’s lowering the cost of living.
Andrew Yang thinks the biggest startup opportunity of the next decade is not building AI. It is lowering the cost of living for the people AI is about to displace. In a TechCrunch interview, the former presidential candidate and UBI advocate laid out a thesis: as AI compresses wages and eliminates entry-level jobs, the market […] This story continues at The Next Web
AI summary Andrew Yang stated in a TechCrunch interview that the next major startup opportunity is lowering the cost of living, not building AI. He believes that as AI displaces workers and compresses wages, startups should focus on reducing expenses like housing, food, and wireless. Yang compiled a list of items Americans overpay for and sees a gold rush in returning that money to consumers.
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