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World Startup Launched by Open AI CEO Sam Altman
Open AI Sam Altman has disclosed the launch of World Startup, formerly known as Worldcoin. According to the CEO, the startup first launched in the U.S. and then planned to expand its outlets in other cities, including Los Angeles, Nashville, and San Francisco.
Summary:
1. Open AI CEO Sam Altman has launched World Startup, formerly known as Worldcoin, in the US, with plans to expand to Los Angeles, Nashville, and San Francisco.
2. World ID is an anonymous proof of humans that safely and securely proves uniqueness. In exchange for creating the World ID, users pay WorldCoin, a cryptocurrency, and can use the World App to save, send, deposit, and withdraw cryptocurrency.
3. The startup aims to verify human identity online using a tech device called “Orbs,” which scans a person’s retina to determine if they are human.
The goal of this startup is to verify the identity of humans online as the content grows. Considering how artificial intelligence is expanding its hands in almost every space, the vision of this newly launched startup seems creative and interesting.
Now let’s understand how it will be helpful for the users and what new innovations it will bring onto the table.
What is World Startup?
World, a startup launched by Open AI CEO Sam Altman, launched recently in U.S. this week, with the expansion of opening its outlets in cities which involves Los Angeles, Nashville and San Fransico.
The primary goal of this startup is to verifying human identity online with a tech device called “Orbs”, helps in scanning a person retina to determine if they’re human.
Altman while addressing at the launch said, “We wanted to make sure that humans stay special and stand out with a distinctiveness in a world where we have ample of AI-assistant content available online.
With the rise of using AI in almost every space, identifying humans among the Artificial Intelligence agents has become a nut to crack. So, to make it easier and stand out humans in the chaos of AI integrated stuff, the world startup is launched.
According to the World Startup, it will be an anonymous proof of humans that safely and securely proves you are a unique human.
However, the World’s hidden objective is to address the social consequences of technologies created by companies like Altman’s other business, OpenAI.
Plus, in exchange for creating World ID, the firm pays users with WorldCoin, a cryptocurrency. Users can later save, send, deposit, and withdraw cryptocurrency using the startup’s mobile app, World App.
World was formed in 2023 and gained popularity in developing countries such as Kenya and Indonesia (the Orbs were also implanted at 17 locations in India).
The firm initially avoided the United States because of the Biden administration’s strict bitcoin restrictions. After President Donald Trump returned to the White House in January, however, this changed, opening the door for the startup to enter the US market.
How to Create a World ID?
The Orb, an exceptional white sphere that resembles something from a Black Mirror episode, scans the user’s eyes before creating the World ID.
“Then they [users] follow a few steps on a smartphone app to get a unique biometric identification, which is saved on their device. A New York Times report claims that the corporation has built-in safety measures and that it only saves an identification code that correlates to users’ eyes rather than their actual photos.
Apart from the Orbs, the World has also introduced the Orb Mini. It has the same shape as a smartphone and is designed to be portable, but it performs the same function as the larger device.
One top Hong Kong official claimed the proposal includes serious risks to personal data privacy.” South Korea fined World almost $1 million for “alleged violations in collecting and transferring personal data,” according to Wired.
Despite World’s assurance that it does not keep photographs of users’ irises, privacy experts and regulators have raised concerns about its biometric data collection.
