Research Funded by OpenAI Founder Reveals Impact of Universal Basic Income

Research Funded by OpenAI Founder Reveals Impact of Universal Basic Income

Recently, a large-scale study funded by OpenAI founder Sam Altman has revealed the impact of unconditional basic income on the lives of Americans. Conducted over three years by the OpenResearch lab, the study provided $1,000 monthly to 3,000 randomly selected subjects in Texas and Illinois, with a control group receiving $50 monthly. The results showed that recipients primarily used this additional income for basic needs, healthcare, and supporting others. The areas with the largest increase in spending were food, rent, and transportation. Notably, spending on supporting others increased by 26%, a phenomenon particularly evident among low-income groups.

In terms of […]

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