What happens when you give people $1,000 a month? They start thinking about launching a business.
Earlier this month, the nonprofit OpenResearch published the results of a study in which it gave $1,000 a month in cash payments to low-income residents in urban, suburban, and rural areas of the United States.
The study, funded in part by OpenAI CEO Sam Altman , was driven by Altman’s belief that recurring basic income payments might be necessary for an age when AI could make many jobs obsolete.Many in the AI industry support a so-called universal basic income , which would give regular payments […]
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