Sam Altman Is All-In on UBI - But with AI generated money?
May 13, 2024
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OpenAI CEO Sam Altman discusses the concept of universal basic compute, extending the idea of universal basic income to provide computational resources to individuals. These resources could be used, sold, or donated for causes like cancer research, potentially reshaping socioeconomic structures by valuing compute power.
Sam Altman proposes 'universal basic compute' to provide individuals with AI computational resources, potentially transforming socioeconomic structures.
Altman advocates for universal basic income as a solution to address AI risks and societal challenges, emphasizing the need for international regulatory oversight.
Deep dives
Innovative Concept of Universal Basic Compute
Sam Altman explores the concept of 'universal basic compute,' which extends the idea of universal basic income by providing individuals with a share of computational resources from AI systems like GPT-7. This novel approach aims to empower individuals economically by granting them ownership over a portion of AI's computational power. Altman's proposal envisions individuals benefiting from AI advancements by having a stake in its productivity, potentially reshaping traditional economic models. Through this initiative, Altman seeks to redefine socioeconomic structures by making compute power a valuable asset.
Challenges and Opportunities of Universal Basic Income
Altman's commitment to investigating universal basic income solutions is highlighted through his past UBI experiment, involving monthly payments to participants. While experimental UBI programs have shown promising outcomes, they have also faced criticism, particularly regarding their impact on workforce participation. Altman's advocacy for UBI aligns with his broader concerns about AI risks such as job displacement and existential threats, emphasizing the need for international regulatory oversight. Despite recognizing UBI's potential benefits, Altman acknowledges that it is not a one-size-fits-all solution but could alleviate societal challenges and enhance individuals' opportunities for self-advancement.
OpenAI CEO Sam Altman is exploring an innovative concept to support those in financial need through what he terms "universal basic compute." This idea extends the principle of universal basic income by providing a share of computational resources from AI systems like GPT-7 to individuals. Altman suggests these resources could be used directly, sold, or donated to causes such as cancer research, potentially redefining socioeconomic structures by making compute power a valuable asset.