A group of residents in one US city will soon receive thousands of dollars from a new guaranteed income pilot program. Officials in the city of Salem, Massachusetts say they had to abruptly close registrations for Uplift Salem due to an “astounding” amount of demand. The program will distribute a total of $600,000 to people […]
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The sixth most populous city in the US is still accepting applications for a guaranteed income pilot program that was launched months ago. Philly Job Bank, a guaranteed income pilot program that was unveiled in Philadelphia in June, has 139 slots available, reports public radio station WHYY-FM. “Only 111 of 250 spots have been filled as […]
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A new universal basic income (UBI) experiment funded by tech billionaire Sam Altman has found people who receive free money generally tend to work less. In a study titled “The Employment Effects of Guaranteed Income: Experimental Evidence From Two U.S. States,” researchers gave 1,000 low-income individuals $1,000 per month unconditionally for three years. Participants mostly […]
The post Sam Altman-Funded Universal Basic Income Experiment Finds Recipients of Free Money Opt Out of Work – Here’s Why appeared first on The Daily Hodl.
A program giving direct, no strings attached payments to families that are struggling to make ends meet is about to spread in the state of Michigan. Originally launched in Flint, the Rx Kids program is now expected to expand to five counties in the eastern Upper Peninsula after the approval of $20 million in state […]
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A city on the West Coast is preparing to roll out a new guaranteed income pilot program. The Pomona Household Universal Grants (HUG) Pilot Program is a one-and-a-half-year project giving $2.376 million to selected parents near Los Angeles. The program will pick a total of 600 applicants that will be separated into two cohorts. For […]
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A nonprofit is preparing to hand out millions of dollars over the next two years in a new guaranteed basic income program. New York City-based homeless shelter operator Win has launched a program that aims to assist homeless families with young children, handing out monthly cash payments for two years to help them get out […]
The post $3,400,000 Will Be Sent To Struggling Families As ‘No Strings Attached’ Income Program Launches on East Coast: Report appeared first on The Daily Hodl.
Despite having fathered at least 10 children, Musk also seems to think humans will struggle to find meaning in their lives without employment.
Elon Musk recently doubled-down on his predictions that humans would need a “universal high income” in the wake of artificial intelligence-driven job displacement. This time claiming that without our jobs our purpose in life may eventually be to “give AI meaning.”
The bleak prognostication from the world’s richest person came during the VivaTech 2024 event in Paris as part of a winding speech wherein Musk made fervent claims that AI would provide all of our goods and services in the future.
“My biggest fear is AI,” the mogul said.
A major US city is preparing to relaunch a multimillion-dollar basic income program that will hand cash directly to residents. Mayor Brandon Johnson says he is allocating $32 million to reboot the Chicago Resilient Communities pilot, reports CBS News. The revived program seeks to hand out $500 per month for a period of one year […]
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Tech giant Google is backing a new multi-million dollar guaranteed income project. The pilot program, dubbed “It All Adds Up,” is preparing to give a total of $2.7 million to 225 families that are struggling with homelessness in San Francisco. The five-year program will begin by giving $1,000 per month to each family for one […]
The post $2,700,000 To Be Given Away, No Strings Attached, As Google-Backed Guaranteed Income Pilot Prepares for Launch appeared first on The Daily Hodl.
After three years of planning, a US city is reportedly a few months away from kicking off a family-focused guaranteed income program. Pomona, California’s Flourishing Families is an 18-month, $2.25 million project that seeks to support young parents who are going through financial struggles, reports local news outlet the Daily Bulletin. First proposed in 2021, […]
The post $2,250,000 To Be Handed Out With No Restrictions As US City Launches Latest Guaranteed Income Experiment appeared first on The Daily Hodl.
