Sam Altman Says He Longer Believes in UBI

Sam Altman Spent Millions on Universal Basic Income. Now He’s Changing His Mind

After backing a $60 million UBI experiment, Sam Altman says fixed cash payments may not address the deeper economic shifts driven by AI.

Sam Altman falls out of love with universal basic income

OpenAI CEO Sam Altman said fixed cash payments don't "get at what we're really going to need."Andrew Harnik/Getty ImagesOpenAI CEO Sam Altman is no longer sold on universal basic income.Altman said fixed cash payments may be "useful," but they are not what's truly needed.In the age of AI, Altman is much more interested in some sort of collective ownership model.Sam Altman once spent $14 million of his own money to study universal basic income. N…

Debatable: Universal basic income

Elon Musk wants to send direct payments to Americans to offset AI’s impact.

Sam Altman shifts stance on universal basic income

OpenAI CEO **Sam Altman** said he "no longer believe[s] in universal basic income as much as I once did," in an interview with **The Atlantic**, quoted by **Business Insider**. Business Insider reports Altman previously spent **$14 million** of his own money on a large UBI experiment that gave low-income participants **$1,000** a month for three years. Altman told The Atlantic that fixed cash payments may be "useful," but do "not get at what we'…

Sam Altman Shifts UBI Stance, Worldcoin's WLD Falls 98%

Sam Altman shifts from UBI to collective ownership; Worldcoin's WLD drops 98% from its peak, trading at $0.25. World Foundation raised $65M from token sale