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Snapshot 3:Tue, Jul 23, 2024 2:02:36 PM GMT last edited by Vandita

Altman Releases US' Largest Basic Income Study's Findings

Sam Altman RevealsReleases Results of the US's Largest StudyBasic onIncome BasicStudy's IncomeFindings

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The Facts

  • The results of a 3-year study on universal basic income, carried out in Illinois and Texas by OpenResearch — a group backed by OpenAI founder Sam Altman — are out.The results of a three-year study on universal basic income, carried out in Illinois and Texas by OpenResearch — a group backed by OpenAI founder Sam Altman — are out.

  • The study involved around 3K people aged 21-40, earning less than $30K annually. A third of them were paid $1K a month and the others $50.The study involved around 3K people aged 21-40, earning less than $30K annually. For three years, 1K participants received $1K a month, while a control group of 2K received $50 a month.

  • The study's results reportedly provide insights into the sustainability of a universal basic income model in a possible future driven by artificial intelligence.The study's results reportedly provide insights into the sustainability of a universal basic income model in a possible future driven by artificial intelligence (AI).


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