Study by Sam Altman: Basic income has little positive effect

– Study by Sam Altman: Basic income has little positive effect

Supporters of a universal basic income for financially struggling households envision many positive societal changes: more voluntary engagement, more time for family, more time for further education and pursuing better-paid jobs, and ultimately greater equality of opportunity.

Prominent advocates include Twitter co-founder Jack Dorsey and OpenAI co-founder Sam Altman . Altman initiated a comprehensive study on the impacts of a guaranteed income on employment. However, the recently published results are not encouraging: study participants and their partners worked less, and overall annual income decreased. No positive effects on education […]

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