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*This transcript was generated by a third-party transcription software company, so please excuse any typos.
Those of you who've been watching ring of fire, uh, regardless of how long you've been watching, really, uh, it's probably no secret that I'm not a huge fan of democratic presidential candidate Andrew Yang. I have criticized his UBI proposal mainly because of the fact that his, uh, mechanism for paying for UBI simply doesn't work and it's going to pass the costs onto the consumers with his VAT tax. That doesn't work in practice, but I do believe in giving credit where credit is due. And I think Andrew Yang does have some decent proposals. He also has one absolutely phenomenal proposal that has nothing to do with universal basic income. And it, it bugs me a little bit that this proposal isn't being talked about more because this is one that I would love to see every other democratic presidential candidate adopt. And that is, and this was released back in October.
Yang's plan to make your personal data, your personal property. She, Andrew Yang has a proposal out there and it here, here it is. I'm just gonna lay it all out right now. Uh, the right to be informed as to what data will be collected when you're online and how it will be used. The right to opt out of data collection or data sharing. The right to be told if a website has data on you and what that data is the right to be forgotten, which is to have all data related to you deleted upon request the right to be informed if ownership of your data changes hands, which means if they get your data and then they sell it to somebody they have to tell you about that. The right to be informed of any data breaches including your information in a timely manner. We have seen plenty of data breaches in the last few years where the people who had their data leak didn't find out for six to 12 months.
Some of them didn't find out until two years after the fact. There's massive lawsuits happening right now from these shoddy companies, these internet companies, big ones, multibillion dollar ones. They let your data get leaked and didn't tell you for two years. And of course the right to download all data in a standardized format to port to another platform with this is an amazing proposal. So I don't understand why Andrew Yang's not out there talking about this every single day. Anybody who goes online, anybody who owns a cell phone, your data is being sold right now. It is. We know that the companies have admitted it. If you're on Facebook, your data's being sold. If you're on Twitter, your data's being sold. If you have a Yahoo email account, your data's being sold or worse with the case of Yahoo. Uh, it's being hacked and leaked.
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