OpenAI's Sam Altman Funds Major Study on Guaranteed Income Amid AI Job Loss Fears - video Dailymotion

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1 year ago

The rise of AI has raised concerns about job losses, prompting discussions on basic income as a potential solution. Sam Altman, CEO of OpenAI, funded a study to explore the impact of guaranteed income.

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00:00It's Benzinga, and here's what's on the block.

00:02The rise of AI has raised concerns about job losses, prompting discussions on basic income

00:08as a potential solution.

00:09Sam Altman, CEO of OpenAI, funded a study to explore the impact of guaranteed income.

00:15For three years, 1,000 lower-income individuals received $1,000 cash payment per month.

00:20Findings showed recipients used the extra money for essentials like food, rent, and

00:24transportation, with some improvements in job quality and entrepreneurship.

00:28The overall employment impact was minimal, with a slight decrease in average working

00:32hours.

00:33For all things money, visit Benzinga.com.

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