2016: Silicon Valley entrepreneur Sam Altman of OpenAI proposed funding an experiment on basic income as a solution to job losses due to AI and tech advancements.

Silicon Valley entrepreneurs, including Sam Altman of OpenAI, have long supported the idea of government cash aid as a softening blow to job losses caused by AI and technology advancements. In 2016, Altman offered to fund an experiment on basic income, suggesting regular paychecks from the government could be a solution. The idea is to study whether people would be more productive and beneficial to society without the fear of not being able to eat.

July 22, 2024
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