Sam Altman, CEO of OpenAI and Chairperson of Tools for Humanity, envisions a transformative shift in socioeconomics driven by advancements in artificial intelligence (AI).

During a recent interview on the All-In podcast, Altman proposed a groundbreaking concept where treating computational power as a valuable resource could potentially replace traditional monetary income, offering a pathway to universal basic income (UBI).

While discussing the implications of AI, Altman highlighted the potential risks posed by advanced AI models, emphasizing the need for global oversight to regulate the most powerful systems while allowing startups room for innovation without restrictive regulations.

Altman reassured that OpenAI's cutting-edge model, GPT-4, does not pose a significant threat to humanity. He is a vocal proponent of UBI, advocating for a straightforward and respectful approach to poverty alleviation, emphasizing the belief that providing individuals with financial support can empower them to make positive decisions and leverage market forces effectively.

Altman, also involved with Tools for Humanity and the Worldcoin cryptocurrency, promotes a system where individuals receive a monthly token stipend after verifying their humanity. He expressed skepticism towards government poverty assistance programs, suggesting that direct financial support could offer individuals greater agency and opportunities for self-improvement.

Reflecting on the potential of AI and UBI, Altman envisions a future where universal basic compute could replace universal basic income, allowing individuals to access and utilize computational resources like GPT-7's capabilities for various purposes, from personal use to charitable endeavors like cancer research.