00:00Sam Altman once asked,
00:01If people got free money, would they just play video games all day?
00:04So he tested this out and gave people $1,000 a month.
00:06Way before ChatGPT, Altman was already thinking about life after jobs.
00:10With AI replacing work, what happens when money comes in without a boss,
00:13a shift, or a punch clock?
00:14You'll be surprised.
00:15Through open research, he gave 3,000 low-income people $1,000 a month with no strings attached,
00:20and the results weren't surprising.
00:21There were no luxury buys or PlayStation marathons.
00:23People used it for rent, food, gas, and a bit of breathing room.
00:26They worked slightly less but lived more.
00:27Some moved to safer neighborhoods.
00:28Others saved.
00:29Even ER visits jumped 10% because people finally had money to take care of themselves.
00:33Altman didn't just pitch universal basic income.
00:35He backed it with cash, and what people did says more about our system than it does about them.
00:38So what would you do with $1,000 a month, no strings attached?
00:41Follow Benzinga for more real-world financial experiments that test how money moves people.
Comments
1