Sam Altman-Funded Universal Basic Income Experiment Finds Recipients of Free Money Opt Out of Work – Here’s Why

A new universal basic income (UBI) experiment funded by tech billionaire Sam Altman has found people who receive free money generally tend to work less. In a study titled “The Employment Effects of Guaranteed Income: Experimental Evidence From Two U.S. States,” researchers gave 1,000 low-income individuals $1,000 per month unconditionally for three years. Participants mostly […] source: https://dailyhodl.com/2024/08/12/sam-altman-funded-universal-basic-income-experiment-finds-recipients-of-free-money-opt-out-of-work-heres-why/