Study on Guaranteed Income and Job Losses from AI

Tech entrepreneur Sam Altman conducted a study on guaranteed income to cushion job losses from AI and automation. Results show that people mostly spent the extra money on basics like food and housing, with some showing interest in entrepreneurship. The study found that the cash payments led to increased leisure time, reduced stress, and slight reductions in work hours. The debate on whether basic income helps people's long-term prospects remains open.

Texas Judge Rules in Favor of Uplift Harris Guaranteed Income Program

Texas judge strikes down Texas Attorney General Ken Paxton's attempt to block the Uplift Harris guaranteed income program, ruling that it does not violate the constitution. The program provides monthly stipends to low-income residents and is funded through the American Rescue Plan Act.

Texas Attorney General sues Harris County over guaranteed income program

Texas Attorney General Ken Paxton is suing Harris County over a guaranteed income program called Uplift Harris, which provides $500 per month for 18 months to selected residents. Paxton claims the program is unconstitutional as it gives public money with no strings attached.

Taxpayer-Funded Guaranteed Income Programs

Taxpayer-funded 'guaranteed income' programs are being rolled out across the country, providing struggling families with up to $36,000 with no strings attached. Critics argue that offering money with no conditions on how it is spent may not be a solution to inequality.