No, let's not give it to just "geniuses". Even as someone privileged enough to do very well on those tests while barely studying and picking up the knowledge t

No, let's not give it to just "geniuses". Even as someone privileged enough to do very well on those tests while barely studying and picking up the knowledge through osmosis and curiosity, and who would find it a great relief to have a guaranteed stipend, I can hardly think of a worse idea. The immediate knock-on effects would make it a disaster at both a societal level and a personal level (just start with taking the existing resentments about 'elites' and turning them up to 11). What is really needed is actual Universal Basic Income, with emphasis on the "Universal" - for everyone. Eliminate bureaucracy with it's overhead and inherent prejudices. We're an advanced society, just ensure everyone has enough for basic food, housing, & health. That'll intrinsically shut down many of the worst types of exploitation, and we wont' have to worry about releasing the potential of the 143-IQ vs the 147-IQ people, or the motivated 97-IQ person.