How much is $1,000 per month worth? New study explores impact of basic income

How much is $1,000 per month worth? New study explores impact of basic income

Millions of Americans struggle to afford basics like food and rent. A new study spearheaded by the CEO of ChatGPT’s parent company shows regular, unconditional cash payments could help.

A three-year study from OpenResearch, a nonprofit research organization backed by OpenAI CEO Sam Altman, examined the effects of a no-strings-attached $1,000-per-month cash transfer on recipients’ health, employment and spending. It’s the latest and largest study of its kind to show how unconditional cash could help lower-income families meet basic needs like food and housing.

“We’re all finding the same results,” said Stacia West , co-founder and director of the University of […]

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