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Altman Releases US' Largest Basic Income Study's Findings

  • #Artificial Intelligence
  • #Income
  • #United States of America
  • #Research
Altman Releases US' Largest Basic Income Study's Findings
story
JUL 2024
Above: Sam Altman speaks onstage during A Year In TIME at The Plaza Hotel on Dec. 12, 2023 in New York City. Image copyright: Mike Coppola/Staff/Getty Images Entertainment via Getty Images
story last updated JUL 2024

The Spin

Narrative A

The Sam Altman-backed study explored how AI-induced job losses might necessitate universal basic income. It highlighted that cash provides flexibility and reduces stress. Despite mixed results, the need for universal basic income as an effective anti-poverty tool is evident, independent of AI advancements.

Vox

Narrative B

This study shows that giving $1K monthly to poor Americans didn't improve their long-term financial health and could potentially increase their dependence on financial assistance. So, while cash grants help meet immediate needs, they aren't a comprehensive solution for job loss due to AI.

Wired

Metaculus Prediction


Public Figures

Sam Altman


The Controversies


UNLIKELYLIKELY
Status:Open
Will AI Replace All Jobs?
Controversy
JUL 24 2024JUL 24 2024

Go Deeper

Artificial Intelligence
Context
+4
MAR 2023MAR 2023

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OpenAI Founder Sam Altman Gave Thousands Of People Free Money. Here’s What Happened.
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