July 16th, 2024

In the Age of A.I., How Much Is Silicon Valley Prepared to Give Back?

Silicon Valley, led by figures like Sam Altman, explores unconditional cash programs for those in need due to high living costs. Debate arises over effectiveness and implementation challenges despite some positive impacts.

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In the Age of A.I., How Much Is Silicon Valley Prepared to Give Back?

In the age of Artificial Intelligence (A.I.), Silicon Valley, led by figures like Sam Altman of OpenAI, has been exploring programs providing unconditional cash to individuals in need. These initiatives, including the Unconditional Income Study funded by OpenAI, have gained traction in Silicon Valley, where housing costs are exorbitant. While some view guaranteed income programs positively, there is a growing political divide on their implementation. Recent developments include legal battles in Texas and bans on similar programs in states like Iowa and Idaho. Despite successes like a proposed statewide program in Oregon, challenges remain in scaling up these initiatives. Critics question the effectiveness of basic income, but pilot programs have shown positive impacts on stabilizing families. Calls are now being made for Silicon Valley to advocate for wider implementation of guaranteed income at a federal level. Tech leaders like Elon Musk and Jack Dorsey have supported basic income programs, but concerns linger about Silicon Valley's true commitment to social responsibility amidst its A.I. advancements and wealth creation.

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Link Icon 3 comments
By @drewcoo - 3 months
American society agrees that we cannot fix any of the problems of capitalism. They must be ignored like daddy's drinking.

We can vilify tech, though, as business's proxy. And AI makes a wonderful target. It sounds even more sinister than "algorithms."

By @htk - 3 months
Nytimes wants more handouts, what's new?
By @mouse_ - 3 months