In a highly anticipated study, OpenResearch has released the first set of results from a landmark experiment investigating the effects of guaranteed income on low-income individuals in the United States. The study, funded by notable philanthropists including OpenAI CEO Sam Altman, provided 1,000 participants with $1,000 monthly for three years, with a control group of 2,000 individuals receiving $50 per month, amounting to a rough estimate of $39.6 million for the whole project.
This project aimed to explore how unconditional cash transfers influence various aspects of recipients’ lives, particularly employment outcomes and overall well-being.
The initiative is part of Altman’s extraneous […]
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