The results of one of the biggest basic income experiments ever came out in July 2024, and as usual, the nuances of the findings are lost among the voices of those loudly proclaiming basic income doesn’t work. This one is the three-year pilot of Sam Altman’s that provided $1,000 a month to 1,000 people in Texas and Illinois and compared that group to a control group of 2,000 people who got $50 a month. Every participant was between the ages of 21 and 40. In this article, I will explain the nuances and how the results of this pilot provide some new info but mostly replicate the findings of previous experiments going back to the 1970s and only further demonstrate that what’s at stake here is real freedom and the perceived danger it poses to those who benefit from the widespread lack of that freedom.
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