Hacker News new | ask | show | jobs
by nybble41 2302 days 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.

1 comments

Lotteries do this all the time, so there’s plenty of data.
Yes, 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.