Shocker, Give people free money and they work less and spend it on leisure/entertainment. Sure, some people will invest it, start buesinesses, etc.. The vast majority will just say "free money, better go buy a new bigscreen TV I guess". Did anyone else notice that when the "free pandemic checks" went out that a lot of really big TV's cost about what the checks people were getting were? Archive: https://archive.today/wAh9B From the post: >>OpenResearch, a lab funded by OpenAI CEO Sam Altman, has released initial findings from a comprehensive study on unconditional cash transfers. The experiment, conducted from 2020 to 2023, provided $1,000 monthly to 1,000 low-income Americans across Illinois and Texas. Results showed recipients primarily used the funds for basic needs and increased spending on healthcare and leisure activities.