Artificial intelligence isn’t a good argument for basic income
We’re flooded by guaranteed income pilot experiments that offer some promising results, but don’t seem to be moving us any closer to actual federal policy. Yet findings published today from the largest randomized basic income experiment in the US to date, backed by Sam Altman and OpenAI, should get your notice. The study, held from November 2020 through October 2023, gave 1,000 recipients $1,000 per month, no strings attached. It’s one of the biggest and longest trials ever run on direct cash giving. Many other basic income pilots have given people $500 or less, and rarely for more than a year or two. ….[READ]
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