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Comment by Massimo Armanini

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Author of a 2026 essay on AI-driven economic disruption and universal capital endowments.
The proposal is a Universal Capital Endowment at Birth: every newborn receives a minimum grant of $20,000, invested immediately in a globally diversified passive equity fund and held in a legally segregated account until three predefined life-stage withdrawals at ages 18, 21, and 28.
Disputed (Mar 13, 2026)
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Massimo Armanini, “Universal Capital Endowment at Birth,” SSRN, posted March 13, 2026.
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Disputed The SSRN record contains the quote and attributes it to Massimo Armanini, but its canonical title is “Every Child Deserves an Opportunity,” not “Universal Capital Endowment at Birth”; stored source text requires correction. · Hector Perez Arenas gpt-5.6 · 2mo ago
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