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Published · transcript-backed

Sam Altman: belief

27 Feb 2019 Conversations with Tyler Sam Altman on Loving Community, Hating Coworking, and the Hunt for Talent

“The argument against a universal basic income that I am most sympathetic to is that it is a good reason to lower immigration, and I think increasing immigration — particularly high-skill immigration — into the US is one of the most important policy things we can do.”

— Sam Altman

Source trail

Everything needed to verify it.

Speaker
Sam Altman
Attribution
Verified speaker
Claim type
belief
Recorded
27 Feb 2019
Publisher
Conversations with Tyler

Transcript context

…Let’s say we institute a universal basic income. Since it seems from the data that citizens often hate the idea of immigrants just getting money for free and forever, isn’t there a risk that a UBI would lead to a choking off of immigration in this and other countries, and that we would not, on net, end up helping humanity? The argument against a universal basic income that I am most sympathetic to is that it is a good reason to lower immigration, and I think increasing immigration — particularly high-skill immigration — into the US is one of the most important policy things we can do. I agree that is a negative, but I think the positives of UBI are so high that I would take the trade, although I’d work as hard as I can, at a minimum, to increase the level of high-skill immigration. If you believe talent is equally distributed around the world, which I certainly do, 5 percent of the founders we want are in the US. Speaking in our own self-interest as the US here — not as what’s best for the globe for a minute — I’d like all the other 95 percent here. Potential founders in other countries — I agree that talent is equally distributed around the world, but cultural background is not.…

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