A Program Is Now Sending Basic Income Payments to AI-Impacted Workers

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A Program Is Now Sending Basic Income Payments to AI-Impacted Workers
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For now, it’s just 25-50 people receiving $1,000 per month.

, a nonprofit program aimed at relieving the financial hardships of people negatively impacted by AI is issuing payments as of this week. The program is being called the AI Dividend. For the moment, the small program reportedly involves somewhere between 25 and 50 people receiving $1,000 per month.

AI-related layoffs, along with other negative impacts of AI on jobs, are touchy topics right now. Epic Games, for instance, took pains to say that when it laid off over 1,000 people, the move. At the same time, replacing workers with AI is such a buzzy concept on Wall Street that the concept of “AI washing” layoffs——is now in the zeitgeist, referring to the practice of laying off workers to save money for non-AI reasons but then retrofitting an AI explanation onto the strategy as a way of pleasing shareholders. The very idea of an “AI dividend” is bound to chafe some AI critics as well. Altman has supported the idea of universal basic income —the general term for no-strings-attached payments to cover people’s core needs—as a remedy for potential societal damage wrought by the proliferation of AI. He has even. The organizers told Merchant they hope to expand from $300,000 in funding quickly, with the goal of distributing $3 million by the end of the year with the help of the big AI companies.9:30 amFigure AI Founder and iPhone Air Designer Team Up on Mystery AI Product A new company called Hark is building an ambitious-sounding AI lab, with a physical product of some sort in the works.

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