
After Tools for Humanity, the squad down the biometric cryptocurrency task Worldcoin announced it had raised $115 cardinal successful a Series C led by Blockchain Capital, Sam Altman, co-founder and main enforcement of the artificial quality (AI) steadfast Openai, clarified astatine an lawsuit held astatine Tel Aviv University that helium is not progressive successful the project’s day-to-day operations.
Sam Altman Says He’s Not Close Enough to the Worldcoin Project to ‘Meaningfully Comment connected the Plans’
Sam Altman holds an esteemed beingness successful the exertion sphere and has performed assorted roles specified arsenic Y Combinator’s president, Reddit’s brief CEO tenure, and presently starring Openai, shaper of AI-driven chatbot Chatgpt. In 2019, Altman teamed up with Max Novendstern and Alex Bania to found Tools for Humanity (TFH), the creators down Worldcoin’s iris biometric cryptocurrency venture.
Worldcoin envisions aggregate objectives similar constructing a immense individuality and fiscal model that supports cosmopolitan basal income (UBI) principles. Supposedly based connected Ethereum, the token task precocious introduced its dual services—World ID and World App. While World ID claims to supply AI-resistant, iris-dependent recognition procedures, the World App focuses connected enhancing decentralized identification.
TFH precocious acquired $115 cardinal done a Series C financing circular headlined by Blockchain Capital. Other participants included Andreessen Horowitz’s A16z crypto branch, Bain Capital Crypto, and Distributed Global. In a video published connected Monday, Altman engaged with Dr. Nadav Cohen and others astatine a Tel Aviv University lawsuit discussing AI exertion trends. Towards its conclusion, an attendee inquired astir Altman’s “future plans” concerning the Worldcoin project.
“I’m an investor,” Altman replied to the woman. “I benignant of similar helped enactment the institution unneurotic but I’m not progressive time to time astatine all. I deliberation it’s precise exciting, I deliberation experimenting with caller ways to differentiate betwixt … similar to beryllium humanity successful a privacy-preserving mode and to deliberation astir things similar planetary [universal basal income] and ways to reasonably democratize access, is simply a ace large country to explore.”
Altman added:
But I’m not adjacent capable to the institution to similar meaningfully remark connected the plans.
Despite its altruistic goals, Worldcoin has faced criticism. Whistleblower and erstwhile NSA contractor Edward Snowden rebuked the idea of registering eyeballs successful October 2021. MIT Technology Review called retired the project successful April 2022 for allegedly deceiving and exploiting third-world state citizens to grow its idiosyncratic base. Furthermore, Techcrunch reported hackers allegedly compromised immoderate of the Worldcoin scanning orbs administrators’ credentials past month.
What bash you deliberation astir Sam Altman’s commentary astir not being adjacent capable to the Worldcoin task to remark connected it? Share your thoughts and opinions astir this taxable successful the comments conception below.