Sam Altman’s basic-income study is out. Here’s what it found.

On average, incomes rose significantly for all groups, though slightly higher for the control group. Incomes for recipients of the $1,000 rose from just under $30,000 to $45,710, while incomes for the control group started at a similar level but grew higher, to $50,970. "Cash offers flexibility and may increase agency to make employment decisions that align with recipients’ individual circumstances, goals, and values," the report’s authors said. That’s an additional $6000 difference a year in just three years. Which means when the short experiment ended, the control group was making more money. I wonder if this is going […]

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