Here's her Forbes Daily Briefing for Tuesday, July 23rd.

Today on Forbes, Open AI founder Sam Altman gave thousands of people free money.

Here's what happened.

For the past eight years, an experimental project financed by Open AIs

billionaire co-founder and CEO Sam Altman

has been quietly testing a utopian idea.

What if everyone in the world were given free money?

Regularly, with no strings attached.

So-called Universal Basic Income was one of the first concepts probed by Open Research, a

moonshot's lab linked to Open AI that Altman has personally contributed tens of millions of

dollars to, in a crusade to shape a future he sees as inevitably

disrupted by artificial intelligence. Now the project is publishing the results of

an extensive trial that cumulatively gave away $45 million to thousands of people across America in what it is called quote the most comprehensive study ever on guaranteed income.

The study's findings were shared Monday in two years. ever on guaranteed income.

The study's findings were shared Monday in two papers published by the National Bureau of

Economic Research.

They are the first of several that open research plans to release, detailing a three-year-long trial in which 3,000 participants

in Texas and Illinois were chosen at random to receive a $1,000 or $50 monthly stipend.

The point of the investigation was to learn how our lives might change if we were given

a small unconditional allowance.

Its initial findings reveal that people who receive this money tended to spend it on basic needs, medical care, and helping others.

Upcoming papers will focus on subjects like children, mobility, crime, and politics. Throughout the trial, researchers collected data from

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