Sam Altman is putting a lot of faith in the idea that giving people free money will make them happier and healthier, but that doesn’t mean he’s betting it all.
Altman is the president of Y Combinator , Silicon Valley’s largest startup accelerator. Beginning in 2017, he and a group of YC researchers are launching an experiment in Oakland, California, where roughly 100 families will get $2,000 a month.
The goal is to capture data that reveals if free money on a regular basis (known as a basic income) really does help people escape poverty and live healthier lives.Enormous piles of […]
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