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https://pivot-to-ai.com/2024/10/20/sam-altman-rebrands-worldcoin-to-world-still-wants-your-eyeballs/>
"You might think that, come the artificial general intelligence, humanity will
enjoy a world of unlimited abundance and prosperity for all, beyond money,
under the watchful sensors of the superintelligent AI.
But Silicon Valley bros talking up the Singularity still want to win at
capitalism. So alongside OpenAI, Sam Altman’s other big project is a
cryptocurrency called Worldcoin — which just rebranded to World Network, or
World for short, to slightly reduce the coiner stench.
Sam “partnered” Worldcoin with OpenAI earlier this year.
Worldcoin investors — which include Andreessen Horowitz (a16z), Coinbase
Ventures, Digital Currency Group, Sam Bankman-Fried of FTX, and LinkedIn
cofounder Reid Hoffman — have put in $244 million. Investors own 13.5% of all
the 10 billion worldcoins. The developers get 9.8%.
Altman gives away worldcoins free! He’s just nice like that, see. He makes sure
coins only go to individuals by … collecting scans of their eyeballs.
Now, you might think Worldcoin was some sort of crypto pump-and-dump with a
sideline in exploitable personal data."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
