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The Takeout with Major Garrett

Fmr. 2020 Presidential Candidate Andrew Yang on the dangers of AI [Extended Interview]

The Takeout with Major Garrett

CBS News

News, Politics

4.6586 Ratings

🗓️ 20 February 2026

⏱️ 27 minutes

🧾️ Download transcript

Summary

Major has a wide-ranging interview with Andrew Yang to discuss his latest book: "Hey Yang, Where's My Thousand Bucks." Yang discusses his worries about artificial intelligence eliminating jobs, why he is no longer a Democrat and what has made him laugh recently. An interesting conversation that you're not going to want to miss, right here on The Takeout!

Transcript

Click on a timestamp to play from that location

0:00.0

Your favorite true crime series, 48 Hours, is back for a new season, and so is the official

0:05.5

after show podcast, Postmortem. Every Monday, listen to a new episode of 48 hours, and then

0:11.2

join me, 48 Hours correspondent Anne-Marie Green on Tuesday for a new episode of Postmortem,

0:17.2

where we bring you a closer look at each case. This case was eye-opening on so many different levels. Follow and listen to 48 hours on the free Odyssey app or wherever you get your podcasts. Andrew Yang, great to have you here. We love to have fun here, so I'm just going to read the title of the book, and I hope you brought it with you. Hey, Yang, where's my thousand bucks? Yes, I'm carrying it right now.

0:39.3

Good.

0:40.3

I have a stack of bills.

0:41.3

My assistant will be waiting outside to take it from you.

0:43.3

Yes, I do get asked this on the streets of New York and other places.

0:48.3

The other question I have gotten is, hey, am I racist or Or are you, Andrew Yang, which is the alternate title of the book?

0:58.5

What is the origin of the thousand bucks?

1:01.6

Well, the thousand bucks was my version of universal basic income that I campaigned on in 2020.

1:06.9

I said that AI was going to come and displace millions of Americans,

1:10.5

and we should start distributing the gains quickly. Crazy, I know. I mean, now people come to me every day and say, wow, you know, you were ahead of the curve. Right. And universal basic income is something you and I've talked about before. You can watch the OG version of the takeout to see our session on that. It's an idea rooted in the Nixon

1:27.8

administration in the 60s, Daniel Patrick Moynihan, when he worked for the Nixon administration,

1:31.8

we're an entire book about it. Yeah, we could alleviate poverty at scale in this country. We've already

1:37.1

done it or come close to doing it. We cut child poverty in half in 2021 as one example.

1:43.3

And GDP now is around $84,000 ahead. It's going to go

1:48.3

past $100,000 per person with AI, which is going to have a lot of negative effects, which we'll

1:53.3

probably talk about. But it's certainly going to increase top line growth. So at some point,

1:58.1

you have to look up and say, wow, we could actually do a lot more for people and families.

2:02.0

And explain the basic construct of universal basic income.

2:05.6

So again, not Andrew Yang's idea, Martin Luther King, Thomas Payne, a lot of other people were four versions of it.

...

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