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Snapshot 5:Tue, Jul 23, 2024 3:35:16 PM GMT last edited by NickBurk

Altman Releases US' Largest Basic Income Study's Findings

Altman Releases US' Largest Basic Income Study's Findings

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

The Facts

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


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