OpenAI exploded to over 100 million users in record time, and it appears that Altman is expediting the solution to the problem he has helped create through Worldcoin. Workers in the “knowledge sector” are directly threatened by current workflows that do not contain generative AI innovations. There have been calls for a version of universal basic income from some in the AI space in light of generative AI models showing an evident ability to create job displacement in many sectors. “Distinguishing between humans and bots, and providing a form of universal basic income which might offset job losses caused by AI.” The crypto bet to support AI job displacementĪltman’s Worldcoin, led by The Worldcoin Foundation (WF), announced on May 11 that Worldcoin will launch on Optimism, and Worldcoin executives told the FT that the project’s focus would be two-fold: Yet, it was noted that the new funding is not a part of the original private token sale. The open-source protocol aimed at using IRIS scanning to secure a new digital currency is powered by the Worldcoin wallet app, World App, which launched May 14.Īccording to the FT report, the funding will be “sourced from both existing and new investors.” However, the valuation for the round is not immediately apparent. Worldcoin already received $100 million in 2022 via a private token sale, led by the likes of Andreessen Horowitz at a $3 billion valuation. OpenAI’s CEO, Sam Altman, is close to securing a further $100 million in financing for his crypto project Worldcoin, according to a report by the Financial Times.
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