OpenAI CEO Sam Altman has backed the largest basic income study in the United States, conducted through his nonprofit organization, OpenResearch. This three-year study provided unconditional cash payments to individuals living below the poverty line.
The study involved 3,000 participants aged 21 to 40 from Texas and Illinois, all earning under $30,000 annually. One-third of participants received $1,000 per month, while the control group received only $50.
Findings indicated that those receiving the larger payments had increased flexibility in job searching, allowing them to pursue positions that aligned with their interests. The authors of the study noted, “Cash can increase people’s agency to make employment decisions that align with their individual circumstances, goals, and values. Recipients were more likely to be searching for a job, but they were more selective.”
One participant expressed that the cash transfers allowed them to be discerning with job offers, stating, “I don’t have to take a crappy job just because I need income right now. I have the opportunity to hold out and try and find the right fit.” Another recipient shared that the financial support enabled them to accept a lower-paying entry-level position in their desired field, ultimately leading to a six-figure salary within two years. They remarked, “If I didn’t have the cash transfers, there is no way I could have taken that pay cut.”
The study revealed no significant difference in employment rates between the two groups. Recipients primarily increased their spending on essential needs such as food, housing, and transportation. The cash payments also helped cover health-related expenses, including braces and treatment for alcoholism. Although the initial payments decreased stress for participants, many reported that the health benefits diminished after two years.
Sam Altman has advocated for universal basic income amid concerns that advancements in artificial intelligence could disrupt the job market.
Additionally, a correction was issued regarding the study, clarifying that it was conducted by OpenResearch, not OpenAI.