Sam Altman Stands Vindicated? OpenAI-Sponsored 'No-Strings Payment' Study Quells Fears About Misuse Of Money, Making Strong Case For Universal Basic Income When AI Makes Jobs Obsolete Texas, Tesla, OpenAI, Illinois, Bloomberg, Block Inc., Salesforce, Sam Altman, Jack Dorsey, OpenResearch, Y Combinator, Marc Benioff, Universal Basic Income by https://www.benzinga.com/
AI Insights:
Simple Explanation:
A big study, sponsored by a company called OpenAI, gave money every month to some low-income people and less money to others. They wanted to see how the money affected their lives. The people who got more money could choose how to spend it and many of them used it to buy things they needed, help others, or look for better jobs. They also found that giving money to people can make them healthier and happier. The study shows that giving money to people might be a good idea when machines do jobs that people used to do. Read from source...
Critical Perspective:
- Unconditional cash transfers are not a solution for all low-income groups, but only for a specific subset of individuals
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