ai
Andrew Yang thinks the next big startup opportunity is lowering the cost of living
Key takeaways
- Not by his wealth, or his celebrity, but by Cost Plus Drugs — Cuban s startup that sells pharmaceuticals at cost.
- “Housing, education, food, fuel, transportation, media, and wireless,” Yang told TechCrunch on a recent episode of Equity. “The things we all spend money on.”
- As AI threatens to compress wages and displace workers, Yang sees a business opportunity in bringing down the cost of living.
Why this matters: a development in AI with implications for how people work, create, and decide.
Entrepreneur and former presidential candidate Andrew Yang has a theory about where the next wave of startup opportunity lies, and it starts with a question most founders aren t asking: what if the business model was giving money back instead of extracting it?
Yang was inspired by Mark Cuban. Not by his wealth, or his celebrity, but by Cost Plus Drugs — Cuban s startup that sells pharmaceuticals at cost. Yang made a list.
“Housing, education, food, fuel, transportation, media, and wireless,” Yang told TechCrunch on a recent episode of Equity. “The things we all spend money on.”
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