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OpenAI’s Sam Altman launches Worldcoin crypto project

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Summary

OpenAI CEO Sam Altman has launched a new crypto project, Worldcoin, which offers a "digital passport" to prove its holder is a real person. To get the passport, customers must sign up for an in-person iris scan using the company's 'orb' device. The project has 2 million users from its beta period, and is scaling up operations to 35 cities in 20 countries. Those who sign up in certain countries will receive Worldcoin's cryptocurrency token WLD. The World IDs could be used to differentiate between real people and AI bots online, and could also be used to reduce fraud when deploying universal basic income. Altman believes that Worldcoin lays groundwork for the future of UBI, but noted that a world with UBI is still far in the future.

Q&As

What is Worldcoin?
Worldcoin is a cryptocurrency project founded by OpenAI CEO Sam Altman.

How does Worldcoin's World ID work?
To get a World ID, a customer signs up to do an in-person iris scan using Worldcoin’s ‘orb’, a silver ball approximately the size of a bowling ball. Once the orb’s iris scan verifies the person is a real human, it creates a World ID.

What is the purpose of World IDs?
The purpose of World IDs is to prove that its holder is a real human, not an AI bot.

What is the significance of Worldcoin for the economy reshaped by generative AI?
The significance of Worldcoin for the economy reshaped by generative AI is that it can help address how the economy will be reshaped by generative AI, such as by providing a way to implement universal basic income.

How could World IDs be used to reduce fraud when deploying UBI?
World IDs could be used to reduce fraud when deploying UBI by ensuring that only real people can have World IDs.

AI Comments

👍 OpenAI's Sam Altman's Worldcoin project is an innovative and creative solution to tackle the challenge of AI bots and fraud in a world with universal basic income. It is encouraging to see a company take proactive steps to reshape the economy and combat income inequality.

👎 OpenAI's Worldcoin project is not without its flaws. The orb's iris scan technology, while advanced, may not be foolproof and could lead to potential breaches of privacy. Furthermore, the idea of a universal basic income is still far off and there is no clear idea of who will be responsible for administering the payments.

AI Discussion

Me: It's about the launch of a new cryptocurrency project by OpenAI CEO Sam Altman. The project is called Worldcoin and it's main offering is a digital passport called the World ID. It's a way to prove that a person is a real human and not an AI bot. They're also offering WLD tokens as an incentive for people to sign up.

Friend: That's really interesting. What implications does this project have?

Me: Well, the project could potentially be used to prevent fraud related to universal basic income, as only real people can have World IDs. It could also be used to distinguish between real people and AI bots online. Altman believes this project could lay the groundwork for universal basic income to become a reality in the future.

Action items

Research more about the Worldcoin project and its implications for the economy.
Sign up for the Worldcoin beta program to get a World ID and receive WLD tokens.
Explore the potential of using World IDs to reduce fraud when deploying UBI.

Technical terms

OpenAI: OpenAI is a research laboratory based in San Francisco, California, focused on artificial intelligence (AI).
Worldcoin: Worldcoin is a cryptocurrency project founded by OpenAI CEO Sam Altman.
World ID: World ID is a “digital passport” to prove that its holder is a real human, not an AI bot.
Orb: Orb is a silver ball approximately the size of a bowling ball used to do an in-person iris scan.
Tools for Humanity: Tools for Humanity is the company behind Worldcoin, based in San Francisco and Berlin.
WLD: WLD is Worldcoin’s cryptocurrency token.
Binance: Binance is the world’s largest exchange.
Blockchains: Blockchains are digital ledgers that store data in a secure and immutable way.
Generative AI: Generative AI is a type of artificial intelligence that can generate new content from existing data.
ChatGPT: ChatGPT is a generative AI chatbot that produces remarkably humanlike language.
Universal Basic Income (UBI): UBI is a social benefits program usually run by governments where every individual is entitled to payments.