Our AI writing assistant, WriteUp, can assist you in easily writing any text. Click here to experience its capabilities.

OpenAI’s Sam Altman launches Worldcoin crypto project

Summary

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. It is a digital passport to verify that its holder is a human, not an AI bot. Those who sign up for the project in certain countries will receive Worldcoin's cryptocurrency token WLD. Blockchains can store the World IDs in a way that preserves privacy. World IDs could be used to tell the difference between real people and AI bots online. Altman believes Worldcoin could help address how the economy will be reshaped by generative AI, such as universal basic income. He thinks Worldcoin lays groundwork for it to become a reality.

Q&As

What is Worldcoin's core offering?
Worldcoin's core offering is its World ID, which the company describes as a “digital passport” to prove that its holder is a real human, not an AI bot.

What is the World ID?
The World ID is a digital passport to prove that its holder is a real human, not an AI bot.

How is the World ID stored?
The World IDs are stored in a way that preserves privacy and can’t be controlled or shut down by any single entity.

What are some potential applications of the World ID?
Potential applications of the World ID include telling the difference between real people and AI bots online, and reducing fraud when deploying Universal Basic Income.

What does Sam Altman believe is necessary in order to implement Universal Basic Income?
Sam Altman believes that experimentation is necessary in order to figure out how to implement Universal Basic Income.

AI Comments

👍 It's great to see how OpenAI's Sam Altman is working to create innovative solutions like Worldcoin to address income inequality. The project's World ID initiative is a great way to tell the difference between real people and AI bots online.

👎 I find it concerning that Worldcoin is using an in-person iris scan to verify human identity which could be a potential violation of privacy. Plus, there is still no clear idea on who will be responsible for dishing out any Universal Basic Income payments.

AI Discussion

Me: It's about OpenAI's Sam Altman launching Worldcoin, a crypto project. It's basically a digital passport that can prove that its holder is a real human, not an AI bot. They're setting up "orbing" operations in 35 cities and offering their cryptocurrency token WLD to certain countries.

Friend: Interesting. What implications does this have?

Me: Well, it could be used to reduce fraud and help address the economic implications of AI taking over more and more of the work that people do. Altman mentioned that it could eventually be used to help with universal basic income, where every individual is entitled to payments. This project could also help to tell the difference between real people and AI bots online.

Action items

Technical terms

OpenAI
OpenAI is a research laboratory based in San Francisco, California, focused on artificial intelligence (AI) research.
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.
Binance
Binance is the world’s largest cryptocurrency exchange.
Blockchains
Blockchains are digital ledgers that store data in a secure and immutable way.
ChatGPT
ChatGPT is a generative AI chatbot that produces remarkably humanlike language.
UBI
UBI stands for Universal Basic Income, a social benefits program usually run by governments where every individual is entitled to payments.

Similar articles

0.9787546 OpenAI’s Sam Altman launches Worldcoin crypto project

0.9696939 OpenAI's Sam Altman launches Worldcoin crypto project

0.9416536 Sam Altman’s Worldcoin eyeball-scanning crypto project launches

0.93866575 OpenAI CEO Sam Altman Launches Worldcoin: A Bold Crypto Experiment At The Intersection Of AI, Identity And Finance

0.93477905 OpenAI CEO Sam Altman Launches Worldcoin: A Bold Crypto Experiment At The Intersection Of AI, Identity And Finance

🗳️ Do you like the summary? Please join our survey and vote on new features!