Industry sign banking iowa ppt secure
[Applause] Thank You Ralph and decorated with me to be here [Applause] thank you all thank you so much so some of you might have seen this slide deck behind me being like that's different it is different you should know that I've been stopping throughout the state or quite some time and this is the first time I've ever used slides now now I'm using slides in part as a response to was that blocking it so I'm using the slides for a number of reasons one I like it but two this is something that I've wanted to do in a variety of formats and I've been told over and over again hey when you're on the debate stage like people don't see the actual substance of the arguments because you're kind of compressed into like a 60-second time crunch and I've heard that and I said they're right I would love nothing more than to actually be able to have some time and information to make the data more publicly available and digestible so that's what this is you should know that you're all here for Andrew Yang's version of a Netflix special except instead of Netflix it's going to be the internet also going to make a very special announcement I'm going to be endorsed in about two hours by Dave Chappelle [Applause] [Music] [Applause] and now justin doris dave is going to be headlining a couple of shows to benefit the campaign in South Carolina on January 29th and January 30th so super indebted to Dave can't wait to help make this case to the to the country that we can do better for ourselves and our kids than we're doing right now so what is the new way forward how many of you've seen me speak in some context before many of you have not excellent how many of you are here because you saw a TV advertisement that would be exciting good because we spent a lot of money on those ads so most people don't know me that well so I like to talk about what brought me to running for president I was certainly not someone who ever thought I would run for president I grew up the son of immigrants in this country my parents told me get good grades get a good job so I tried to do that I started a business that flopped but I kept with it I became the head of an education company that grew to become number one in the u.s. was bought by a public public company in 2009 and 2009 was a very tough time and so much of the country where the financial crisis had done a number on communities everywhere and I thought I had some insight as to why our economy had tanked it was in large part because so many of the people I'd gone to college and law school with had want straight to Wall Street and help create mortgage-backed securities and financial derivatives and things that tanked the economy so I thought that was a train wreck how many of you all work in nonprofits how many of you all volunteer for a non-profit you should raise your hand on that second one that was pretty much like are you a nice person sort of thing it's like yes I too am nice so I so I went to my wife said hey I'd like to start a non-profit that's going to Train entrepreneurs and create thousands of jobs around the country and that's what I did for the last seven years so that's me with President Obama my wife got to meet the president too so my in-laws were very excited about me that week we helped create several thousand jobs throughout the Midwest in the South primarily in cities like Cleveland st. Louis Detroit Birmingham Baltimore many places I'd never been before and during this time I saw that unfortunately the water level was going down not up in many communities and I also saw firsthand the gulf between different parts of the country where if you flew between st. Louis and San Francisco or Michigan and Manhattan you feel like you were crossing dimensions and decades and even ways of life not just going a few time zones but I was still stunned when Donald Trump became our president in 2016 you all remember that night well how did you react when he won shock tears someone said at another event bourbon yeah I was a shock to me too as a giant red flag that tens of millions of our fellow Americans decided to take a bet on the narcissist reality TV star as our president that's not business as usual but even if you were sad or dismayed we all have family members and friends and neighbors who celebrated his victory and I know that's true here in Iowa because Donald Trump won Iowa by more than eight points despite this being a very purple state so if you were to turn on cable news and ask why did Donald Trump win that night why would you think that you want what are the reasons that we've been presented Russia racism not a politician Hillary Clinton fear emails Electoral College FBI Facebook media all sort of mixed together but I'm a numbers guy I don't went looking through the numbers for an answer and I found it and I'm going to present it to you right now and all right so first I want to give us a bit of a backdrop as to what our economy looks like I'm going to show you all the most common jobs in the US economy just by category so they are office and administrative work makes sense retail and sales but-- service and food preparation truck driving and transportation and manufacturing so these five job categories comprise almost half of all American jobs now what do these jobs have in common among other things and if you've been keeping up with me in the campaign you know the big themes of the campaign is that technology is transforming our way of life so what effect is technology having on these jobs the most common in our country yeah they're getting automated away progressively so we have some fun animations that illustrate some of these things things that you've all seen and worked with and are very familiar with this one I resent because I'm really bad at it it always takes me like an extra three or four seconds to find the barcode it's like oh my gosh where is the person when you need them this is a robot pizza printer they can produce pizzas of just the same and delicious every single time more quickly and inexpensively a robot truck you've all heard of a robot truck just transported 20 tons of butter from California to Pennsylvania with no human intervention two weeks ago why butter I have no idea and then this is manufacturing lines so these are all things that we've seen in some measure now what are the numbers around these trends if you look at the impact on our workforce of the automation of the most common jobs in our economy it is going to hit about two and a half million jobs annually which is several times the rate of any previous change that has come before the white house estimated that 80 percent or more of the jobs that make $20 an hour or less or at least potentially subject to automation over this period of time so this is the greatest transformation in our economy in our history what experts are calling the fourth Industrial Revolution how many of you heard the words fourth Industrial Revolution before from a politician now this was the first time right and I'm barely a politician Iowa I'm an entrepreneur who was getting credit for creating thousands of jobs and I realized that my work was like pouring water to a bathtub that had a giant hole ripped in the bottom and that the water was rushing out much more than it was being replenished that water rushing out helped yeah Donald Trump elected and now it's going to do more and more so I talked about the robot trucks a little bit most people do not realize that trucking is the most common job in 29 states there are three and a half million truck drivers in this country average age forty nine ninety four percent men so if my friends in California are successful in getting robot trucks on the roads what is that going to mean for the three and a half million truckers or the seven million Americans who work at truckstops motels and diners around the country that rely upon the truckers getting out having a meal how many of you have been to Iowa eighty and Davenport yeah they've got a very reasonably priced buffet they say that five thousand people stop there every day how many people will stop there if the trucks no longer have drivers you can think about our highway system as a circulatory system and the trucks are like blood cells they're carrying cargo yes but they're also carrying economic vitality because the drivers get out every single day and shower and eat and sleep and live almost ten percent of the jobs in the state of Nebraska support truckers what will happen to those jobs in Nebraska when the trucks no longer need to stop at Nebraska so this is the impact that's coming down the pike how many of you've noticed stores closing around where you live here in Ames and why are those stores closing amazon amazon soaking up twenty billion dollars in business every single year how much did amazon paying taxes last year zero that is your math M's 20 billion out 30 percent of your stores and malls close for good you get zero back this map that's up there all those pins are major department stores that are set to close how many of you have been to a ghost mall that has lost its anchor stores how many of you would go back to that mall those malls get spookier and more eerie as they empty out they go from having a lot of positive value to actually being sources of blight very very quickly we're doing that to 30% of the countries malls and you if you could imagine what those properties will look like in the years to come that is what's coming and we are going to get zero back in return the most common job in the economy is retail clerk the average retail clerk is a 39 year old woman making between eight and twelve dollars an hour what is her next job going to be when the store or mall closes no one is sure so so these are the big changes that we can see this one we can see around us right now now one of the examples I use for artificial intelligence is when you all call the customer service line of a big company and you get the software or a bot on the other side I'm sure you do the same thing I do which is you pound zero zero zero human human human representative representative representative and just keep saying that word over and over again until you know until you get someone on the line raise your hand if that's what you do oh yeah I do that too that's all for as miserable as soon as you hear it you're like please let this company still employ a human being I'm gonna find that human being right now but in two or three short years the software is gonna sound like this hey Andrew how's it going what can I do for you it'll be fast seamless peppy you might not even know it's software that is what artificial intelligence will actually mean in our lives because you don't even need artificial general intelligence to have software that can take the job of that call center worker you just need a very good decision tree and thousands of voice prompts and software that can detect changes in our tones of voice oh but they know when we're getting annoyed and then they can switch ears hey eyes getting smarter and stronger all the time this is an oversimplification this is just showing the exponential growth of Moore's law but this is not that far off as to what AI is going to be capable of the quote on this slide is AI is the new electricity which is a quote from a Stanford professor that's what they're doing right now and I don't know how many people do you know who gets smarter like that maybe you're 12 month old oh because they work there like they can actually start doing things in a particular day but most of us do not actually ramp up in that direction so what will the effect of artificial intelligence be on various jobs I was talking about the most common jobs in our economy which are retail clerks and call center workers and truck drivers but it's this is going to touch many jobs that require high levels of education because many of these jobs are actually very rules based and you can program machines and software to tell you what to do radiologists already cannot compete with artificial intelligence software that can see shades of gray on a film that the human eye cannot and can reference millions of films rather than hundreds or thousands this is a picture of a robot pharmacist it turns out being a pharmacist involves a lot of trying to monitor drug interactions and data and then figuring out what to dispense I was an attorney for five months which is long enough to know that you can automate away a lot of that job and that's half a joke but it's very real software can edit contracts more cheaply and effectively and accurately than any human lawyer can if you are looking at a volume of documents so this is a problem that's going to affect everyone pretty quickly and it's already transforming certain industries like finance and insurance who are replacing workers right now I spoke to a group of 70 CEOs in New York City and I asked them how many of you are looking at replacing your back office clerical workers with artificial intelligence and software guess how many hands went up out of 70 all 70 the fact is you could fire whoever didn't have their hand up because their incentives are all around improving their bottom line so if someone comes to them and says hey you can get rid of some of your workers and replace them with software you have to do that or you'll be fired that is the system that we have built our system is built around capital efficiency for these publicly traded companies it is not built around our well-being it has not built around our quality of life that's why we feel the way we do now back to the original question why the heck did Donald Trump win Iowa by 8 or more points how did he win Ohio Michigan Pennsylvania Wisconsin Missouri all places that have traditionally been battleground or swing states you had this entire series of explanations from the news networks but I went through the numbers and the numbers tell a very clear story the reason why Donald Trump's our president today is that we automated away 4 million manufacturing jobs over the last number of years and where were those jobs Ohio Michigan Pennsylvania Wisconsin Missouri and 40,000 right here in Iowa I have been to the towns that have lost their manufacturing jobs here in Iowa and after the plant closed the shopping center closed and then people left and then the school shrank and then that town has never recovered I have seen the same thing play out in towns in Missouri Ohio western Pennsylvania Michigan how many of you studied economics in college maybe you're studying now some of you might be students so according to classical economic theory what would happen to these 4 million workers who lost their manufacturing jobs what's their next move according to our textbook they get retrained moved and find new jobs maybe they became coders since where I'm going with this so if you actually try and find what happened to those manufacturing workers it turns out that many of them even most of them left the workforce this curve is the labor force participation rate in the United States and you can see around the 10th time that manufacturing employment went off a cliff so did workforce participation it turns out that almost half the manufacturing workers who lost their jobs never worked again and that shows up in the numbers so how did these workers survive they filed for disability the black line is the disability rate which went up and up at the same time that we were laying off all these manufacturing workers the gray curve is the ratio of employed to working age population which obviously went down in the exact opposite direction so again we blast away four million manufacturing jobs in the swing states half of them or almost half do not work again they filed for disability you then see surges in certain other numbers like you see a spike here in the proportion of American children who are born to single moms right now it's about 40% in the US you can see that also started to rise around this time studies have shown that when people lose their jobs they get married at lower rates almost two-thirds of the manufacturing workers were men so if you can see this playing out as men lost their jobs people get married at lower rates but they still occasionally have children you then also saw a su
ge in suicides and drug and deaths of despair to the point where now America's life expectancy has declined for the last three years in a row so that is the blue line if you see these other lines there are all other developed countries so as you can see which direction are the other lines going down that's normal in a developed country in a developed country ordinarily you're getting richer stronger healthier and people are not killing themselves at higher rates in the United States of America we have had record levels of suicides and drug overdoses that are so unprecedented that America's overall life expectancy has now declined for the last three years in a row you know the last time America's life expectancy decline for three years in a row Great Depression is a great guess it's even earlier than that it's the Spanish flu of 1918 a global pandemic that killed millions that is the last time it happened in America and it's happening now this is not what the cable news networks are presenting as the reason why Donald Trump won but I'm a numbers guy and I find the numbers much more convincing than the working backwards rationale that the talking heads are using they're trying to back into the numbers why not just use the numbers you also saw surges in anxiety depression mental health problems prescription drugs we have a mental health crisis in this country that is also unprecedented so to review you have record high levels of corporate profits and GDP but you also have record high levels of anxiety depression financial and security dislocated workers suicides and drug overdoses so if your corporate profits are going up and your life expectancy is going down which do you listen to we know which one Washington DC is listening to they can't see past the dollar signs they're not paying attention to people and life expectancy Washington DC today is the richest city in our country what do they produce this is what no one knows and yet business is awfully good so these are some of the disconnects that have led to Donald Trump being our president the disconnects and the problems are actually real Donald Trump's our president today because he had a very simple message he said he was going to make America great again what did Hillary Clinton say in response America is already great remember that it's been a long three years Ames I know but we're gonna end it together in a little less than three weeks [Applause] Hilary's response did not go over well because the problems are real they do exist we have to acknowledge their depth and severity and reality but then we need actual solutions that will move the country forward what were Donald Trump solutions build a wall turn the clock back bring the oil jobs back Ames you know we have to do the opposite of these things we have to turn the clock forward we have to accelerate our economy and society to rise to the real challenges of the 21st century we have to evolve in the way we see ourselves and our work and our value I'm the ideal candidate for that job because the opposite of Donald Trump is an Asian man who likes math you may not know this if you are new but math is an acronym what does it stand for make America think harder that's right that's your job in twenty short days so how are we going to actually move the country forward if you're here today at some point you heard that someone's running for president who wants to give everyone $1,000 a month how many of you know that yes and I do and that's what we have to do to actually start moving these things in the right direction so what I'm saying we have to do is distribute the gains from the Amazons and googles and the AI companies of the world to you all to your families to your communities build a trickle up economy from our people our families and our communities up $1,000 a month in your hands would be a game-changer for millions of families right here in the state particularly because in the trickle up economy when the money is in your hands where will it go how would you spend it how much of it would stay right here in Iowa most of it not all of it you might get your own Netflix password but most of it would go to car repairs you've been putting off and day care expenses and Little League sign ups and local nonprofits and religious organizations and the arts and creativity and culture and entrepreneurship and I know how necessary this is in part because of my own family my wife is at home with our two boys every day one of whom is autistic how much is her work included at in our economic measures zero that gets a zero and it's not just her and Kyle and all the caregivers who are taking care of ailing loved ones or all of the volunteers and activists in our communities who are doing it out of love or the coaches and mentors who are trying to make people stronger how much they all get valued at zero or near zero again and again ninety-eight percent of artists zero and near zero local journalists more and more we put 2,000 local newspapers out of business over the last number of months because all their revenue went up to the Internet you know what doesn't function as well without local news democracy how the heck can you vote on what's going on in your community if you don't get any information about it these are the things that we claim to value more highly than anything else our families our communities our democracy but we're allowing them to get zeroed out one by one by one and that's what the freedom dividend changes the freedom dividend makes the case to our fellow Americans that we all have intrinsic value as people as citizens as human beings we have to disentangle this confusion that economic value and human value are the same things because they are not what do you say yeah that is the message that we have to take in 20 days this thousand dollars a month lays a foundation that makes us all more able to adapt in unprecedented times of change which is right now and then we need to measure our economy by things that would actually tell us how we are doing even the inventor of GDP said 100 years ago this is a terrible measurement of national well-being we should never use it as and here we are a hundred years later riding it off a cliff robot trucks will be great for both corporate profits and GDP they'll be terrible for many many Americans so instead of GDP we should be measuring our well-being through our own well-being health and life expectancy mental health and freedom from substance abuse childhood success rates clean air and clean water how our kids are doing these are the real measurements of our country I will modernize GDP to include these things then that will present them to you all each year at the State of the Union in a PowerPoint deck I'll be the first president to use a PowerPoint over here [Applause] and so so now you see why I'm using a PowerPoint deck right now see it all came together out of clothes I'm not running for president because I dreamt about being president as a kid those were not the conversations in my household raise your hand if you're a parent like me and Evelyn if you're a parent at some point over the last number of years you've had this sinking feeling that we are leaving our kids a future that is less secure less stable less bright in the lives that we have led and we think about that in terms of climate change but it's not just climate change if you were born in the US in the 1940s there was a 93 percent chance that you're gonna be better off then your parents were that's the American dream that's what we all want to live that's what brought my family here if you were born in the 1990s in this country which I can sense as many of you you are down to a 50/50 shot and that is declining fast that is why we parents feel the way we do because it's true we are leaving them a future that is less stable and less secure than the lives that we have led I'm not running for president because I wanted to be president I'm running for president because like so many of you I'm a parent and a patriot I have seen the future that lies ahead for our kids they deserve better and I want to give them better but in this you all that the most powerful voice in our country it doesn't feel like that many of you are just living your lives deciding to see the presidential candidates as we come through but I did the math do you know how many Californians each of you is worth 1,000 Californians each that's right that's the power each of you have is the power to actually transform the course of history how many of us are here in this room today I'm going to give a trumpian estimate they're about 1,800 people in this room it's the biggest room anyone's ever seen they're about a hundred forty people in this room but a hundred forty would still be almost four football stadiums fully Californians where the power you all have the power to do something that the rest of the country only dreams of the rest of our fellow Americans look up and they see our government as a series of pipes that are just clogged full of money clogged full of lobbyists cash and they despair they can do nothing about it they are generally right they can do nothing about it only you can do something about it it's up to you to flush the pipes clean and retake our government so it starts working for us and not the corporate interests in twenty short days thank you very much James thank you thank you let's make history together let's play the Sapphire you can win
