OpenAI CEO Sam Altman's Basic Income Study Finds Program Provides Immediate Relief but Little Long-Term Impact on Upward Mobility

  • 3 months ago
OpenAI CEO Sam Altman funded a study through his organization OpenResearch to examine the impacts of a basic income program that provided individuals with a monthly income.
Transcript
00:00It's Benzinga, and here's what's on the block.
00:03OpenAI CEO Sam Altman funded a study through his organization Open Research to examine
00:08the impacts of a basic income program that provided individuals with a monthly income.
00:13The study found that while the basic income helped recipients meet basic needs like food,
00:17housing, and transportation, it did not significantly improve their job quality or ability to invest
00:22in education and training, providing upward mobility.
00:25Physical health saw short-term improvements, but no lasting effects beyond the first year.
00:30Physical health measures did not meaningfully change.
00:32For all things money, visit Benzinga.com.

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