Income recipients reported more agency to manage budgets and plan their spending Shutterstock A research project into universal basic income (UBI)backed by ChatGPT creator Sam Altman has found that recipients spend more on themselves and others, while also working slightly fewer hours.
OpenResearch, a project backed by OpenAI’s Altman, looked at a cohort of people in Illinois and Texas who received $1,000 per month over a period of three years. The researchers produced a suite of research reports looking at how UBI affected employment, spending, health and entrepreneurship.
Looking at participants’ working status over time, UBI recipients were 2 percentage […]
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