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. He and a group of YC researchers plan to launch an experiment in Oakland, California, next year in which roughly 100 families will get $2,000 a month.
The goal is to capture data that reveals whether free money on a regular basis (known as a basic income) really does help people escape poverty and live healthier lives.
Data […]
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