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


//politics-government.news-articles.net/content/ .. -one-of-the-main-arguments-against-the-idea.html
Published in Politics and Government on Tuesday, December 3rd 2024 at 11:31 GMT by Brian Stokes   Print publication without navigation

  • New findings from Sam Altman's basic-income study show recipients valued work more after getting monthly payments.

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 ]

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