A study funded by OpenAI founder Sam Altman has examined the effects of an unconditional basic income in the USA. The results show that the recipients used the money primarily for basic needs, medical care and to support others.
OpenResearch, a lab backed by Altman, conducted a three-year study giving 3,000 randomly chosen people in Texas and Illinois $1,000 monthly, while a control group received $50 per month. Altman contributed $14 million, with Twitter founder Jack Dorsey donating $15 million and GitLab co-founder Sid Sijbrandij adding $6.5 million. The research group distributed $45 million in total.
The study found recipients […]
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