Andrew Yang, the technically skilled Democratic presidential candidate who ran on a platform and warned of the threats of artificial intelligence and automation, is falling out of the race. Yang does this on the night of the New Hampshire primary, after having earned just 1 percent of delegates in the Iowa Caucuses last week.
A native of New York and the son of Taiwanese immigrants, Yang has a legendary career from corporate law to startups and venture capital and beyond to activist organizations, including the non-profit organization Venture for America that he founded in 2011 and focused on job creation in Midwest cities in the wake of the 2008 financial crisis.
I am so proud of this campaign. Thank you to everyone who got us here.
– Andrew Yang (@AndrewYang) 12 February 2020
He spun his expertise and career experience in a surprisingly vibrant presidential campaign that positioned Yang as a politician who was worried about job losses and the unforeseen economic consequences of technology. Enthusiastic acolytes of his political vision called themselves “Yang Gang,” and Yang demonstrated strong fluency in internet knives and other web-based organizations that made him a popular candidate among some younger voters.
Yang’s characteristic problem was the universal basic income, which he called the Freedom Dividend – a promise to give every American $ 1,000 a month, regardless of income or demographic status.
“We were on a debate stage and shifted our national conversation to the fourth industrial revolution, a topic nobody wanted to touch until we brought it about with this campaign,” Yang told supporters in his farewell speech on Tuesday evening.
At the time of his announcement, he was around three percent in the early results of New Hampshire.