As new tech threatens jobs, Silicon Valley promotes no-strings cash aid

As new tech threatens jobs, Silicon Valley promotes no-strings cash aid

Many tech entrepreneurs have long suggested that guaranteed income could cushion job losses from artificial intelligence and automation. The latest and largest study of the idea was spearheaded by Sam Altman, the man behind ChatGPT. Michael Dwyer/AP

The rise of artificial intelligence has stoked fears that such technological advances will wipe out millions of jobs. Silicon Valley entrepreneurs have thought about that too, and they’ve long pushed an idea to soften the blow: cash aid from the government, no strings attached.

Now, the first results are out from the latest and largest study on the impacts of free money — […]

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