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> You can argue that the only way to perform a completely accurate UBI experiment would be to run it for at least 60-80 years for everyone. You could get decen
by nybble41 7y ago
> You can argue that the only way to perform a completely accurate UBI experiment would be to run it for at least 60-80 years for everyone.
You could get decent results in less than 60-80 years by granting each participant a fully-funded fixed annuity guaranteeing them a specific income for the remainder of their lives independent of the continuation of the study. Of course, that would raise the cost of the study to something approaching a real (non-universal) BI program.
- jpttsn 7y agoLotteries do this all the time, so there’s plenty of data.
- nybble41 7y agoYes, and a depressing number of lottery winners end up poorer than they started within a few years after burning through all their winnings and then going into debt to support their new lifestyle. Easy come, easy go.