Here's what happens if you give people free money
undefined 23, 2024
OpenAI CEO Sam Altman's OpenResearch found that giving $1,000 a month for three years to some of the poorest Americans improved spending on basics and increased business startups but did not significantly enhance long-term financial health or physical well-being. While the cash boosted income and spending on essentials, it also led to higher debt and a slight reduction in work. Critics argue it may foster reliance on support, but researchers emphasize that recipients valued the flexibility to align work with personal goals.
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