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# Alaska Permanent Fund

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2026-10-30

AI & The New Social Contract | Alaska Has Paid Every Resident Unconditional Cash for 44 Years: From an $80B Oil Fund to the Universal AI Compute Dividend

[UBI & AI Social Reconstruction Series · Episode 03] Critics often claim that Universal Basic Income (UBI) would bankrupt any government within three years. Yet one place on Earth has quietly run a statewide unconditional cash dividend for 44 consecutive years: the Alaska Permanent Fund. Seeded with $734,000 in oil royalties in 1976, the fund has grown to $80 billion while paying up to $3,284 per person—including newborns—without reducing employment. As AI models trained on humanity's collective knowledge automate cognitive labor, Alaska offers the exact blueprint for a Sovereign AI Compute Dividend.

AI & The New Social Contract | Alaska Has Paid Every Resident Unconditional Cash for 44 Years: From an $80B Oil Fund to the Universal AI Compute Dividend