Sam Altman's basic income study is out. Here's what it found.
Getty Images; Jenny Chang-Rodriguez/BI
- The results of OpenAI CEO Sam Altman's guaranteed basic income study are in.
- Overall spending increased, but most of the extra cash went to food and rent.
- Recipients noted decreased financial stress, but that faded over time, the study found.
The results are in for Sam Altman's much-anticipated basic income study, one of the largest of its kind. The experiment gave low-income participants $1,000 a month for three years, no strings attached.
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