Elon Musk recently posted a pronouncement on X: "Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI." Andrew Yang cheered. Sam ...
Howard County’s new Guaranteed Basic Income (GBI) pilot may be framed as compassionate policy, but it’s part of a troubling pattern that’s taking root across Maryland and the United States. Following ...
There’s a reason that ideas from the progressive ivory tower need to be tested. Often, the grandest theories fall apart when exposed to the rigors of the real world. Consider the case of universal ...
Musk promises AI-funded penthouses for all, but his "universal high income" vision ignores one stubborn reality: You can’t ...
The largest study into the real-world consequences of giving people an extra $1,000 per month, with no strings attached, has found that those individuals generally worked less, earned less, and ...
Elon Musk endorsed government checks as the best response to AI-fueled job losses.Fabrice COFFRINI / AFP via Getty Images Elon Musk thinks he has a solution to AI-driven job losses: the government ...
Some fear that rapid advances in AI may concentrate power and wealth among a small elite. Anthropic CEO Dario Amodei says a universal basic income may not sufficiently address such a shift. He says ...
What happens when you give people free money with no strings attached? The question is of enormous importance to America’s safety-net policy, given widespread proposals for a “universal basic income” ...
One of my pet economic ideas of the past few years is that unconditional cash transfers as a step toward a universal basic income should be strongly considered either as a complement or substitute for ...
In its nearly two decades of operation, GiveDirectly, the direct cash payment charity started by MIT and Harvard graduate students, has delivered more than $800 million to more than 1.6 million people ...