Summary:
The text discusses the creation and launch of Worldcoin, a cryptocurrency linked to an iris-based identification system. Founded by OpenAI CEO Sam Altman in 2020, Worldcoin aims to incentivize iris scans through orbs, with participants receiving the cryptocurrency. The potential for misuse and concerns over privacy and surveillance are highlighted, given the broad applications of the iris data. Despite ambitious goals, the project faced setbacks and legal scrutiny due to allegations of misleading practices in collecting iris data.
Sure, here are the key facts extracted from the text:
1. Sam Altman is the co-founder and CEO of OpenAI.
2. OpenAI, once a non-profit, is now valued at close to $30 billion.
3. Sam Altman also founded a for-profit company called Tools for Humanity in 2020.
4. Tools for Humanity created a cryptocurrency called Worldcoin, valued at $18 billion.
5. Worldcoin uses an orb-shaped device to scan and record people's irises.
6. Over 2 million people's irises have been scanned in poor countries.
7. Worldcoin aims to collect iris data from billions of people worldwide.
8. The purpose of Worldcoin is to act as a crypto-based universal basic income.
9. Worldcoin plans to allow private companies and governments to use their iris-based identification system.
10. Worldcoin's Iris data collection has raised ethical concerns about privacy and surveillance.
11. Venture capitalists have invested over $200 million in Worldcoin.
12. Worldcoin's current adoption rate is lower than expected, with only 2.2 million people scanned out of a target of 1 billion.
These facts provide a summary of the key information in the text.