Sam Altman Abandons UBI: 'I No Longer Believe' — 1,840 Upvotes on r/singularity

r/singularity·high signal

Sam Altman told The Atlantic he 'no longer believes in universal basic income as much as I once did,' reversing course after spending $14M of his own money on the largest UBI experiment ($1,000/month to low-income participants for 3 years). He now favors collective ownership models — giving citizens a stake in AI compute or equities via a proposed Public Wealth Fund. The r/singularity post hit 1,840 upvotes and 440 comments, making it the day's highest-engagement AI policy discussion.