Tue, December 3, 2024

New findings from Sam Altman's basic-income study challenge one of the main arguments against the idea

The article from Yahoo Finance discusses the findings from Sam Altman's basic income experiment, which was part of a broader initiative by Y Combinator Research. Launched in 2016, the study aimed to explore the effects of giving people a guaranteed basic income. The results, which were released after several years, showed that participants who received unconditional cash payments reported improved mental health, financial stability, and overall well-being. However, the study also highlighted some challenges, including the difficulty in scaling such a program nationally due to costs and potential disincentives to work. The experiment provided insights into how a universal basic income could potentially reshape social welfare systems, offering both positive outcomes and areas for further research.

Read the Full Yahoo Article at:
[ https://www.yahoo.com/tech/findings-sam-altmans-basic-income-164218164.html ]