Silicon Valley Leaders Think A.I. Will One Day Fund Free Cash Handouts

Sam Altman claims AI companies could become so wealthy that they’re able to provide a universal basic income to every man, woman and child on Earth.

In as little as 10 years, AI could generate enough wealth to pay every adult in the U.S. $13,500 a year, Altman said in his 2,933 word piece called Moore’s Law for Everything.

“My work at OpenAI reminds me every day about the magnitude of the socioeconomic change that is coming sooner than most people believe,” said Altman, the former president of renowned start-up accelerator Y-Combinator earlier this month. “Software that can think and learn will do more and more of the work that people now do.”

But critics are concerned that Altman’s views could cause more harm than good, and that he’s misleading the public on where AI is headed.

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