Worldcoin, a project founded by OpenAI CEO Sam Altman, launched on Monday. The centerpiece of the project is the World ID, which the company describes as a “digital passport” to prove that its holder is a real human being, not an AI robot.
To obtain a World ID, a customer signs up for an in-person iris scan using a Worldcoin globe, a silver ball about the size of a bowling ball. When the globe’s scan of the iris verifies that the person is a real human, it creates a world ID.
The company behind Worldcoin is Tools for Humanity, based in San Francisco and Berlin.
The project has 2 million users in its beta period and, launching this Monday, Worldcoin is expanding its “orbing” operations to 35 cities in 20 countries. As an enticement, those who register in certain countries will receive Worldcoin’s WLD cryptocurrency token.
WLD price moved higher in early trading on Monday. On global cryptocurrency exchange Binance, it peaked at $5.29.
Blockchains can store world IDs in a privacy-preserving way and cannot be controlled or shut down by a single entity, co-founder Alex Blania told Reuters.
The project says World IDs will be needed in the era of AI-generative chatbots, like ChatGPT, from Altman’s OpenAI, which produces extraordinarily human-like language. World IDs could be used to differentiate real people from online AI bots.
Altman told Reuters that Worldcoin can also help address how the economy will be reshaped by generative AI.
“People will be overwhelmed by artificial intelligence, which will have huge economic implications,” he said.
One example Altman likes to cite is universal basic income, or UBI, a welfare program usually administered by governments in which every individual is entitled to payments. As AI “will increasingly do the work that people do now,” Altman believes UBI can help address income inequality. Since only real people are allowed to have IDs worldwide, this could be used to reduce fraud when implementing UBI.
Altman said he thinks a world with UBI is “very far in the future” and that he doesn’t have a clear idea of which entity might distribute money, but that Worldcoin is setting the stage for that to become a reality.
“We think we need to start doing experiments to figure out what to do,” he said.
Source: Terra

Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.