Sam Altman Proposes Universal Basic Compute: A Slice of AI for UBI and Beyond

ChatGPT Sam Altman, CEO of OpenAI and chair of Tools for Humanity, suggests that leveraging advanced AI models like GPT could revolutionise socioeconomics. He proposes a system where "compute" resources replace traditional income, potentially funding universal basic income (UBI). Altman also stresses the importance of addressing AI-related existential threats through international oversight. He advocates for a balance between regulation and innovation, safeguarding against potential harm while allowing startups to thrive. Additionally, Altman advocates for UBI, citing its potential to empower individuals economically. He envisions a future where everyone has access to computational resources, potentially shifting from universal basic income to universal basic compute, where individuals can utilise, trade, or donate computational power for various purposes, such as medical research.