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Police raid Worldcoin warehouse in Nairobi

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Re: Police raid Worldcoin warehouse in Nairobi

#181

Post by slantedview »

NelsonMinar wrote: post #136
Ataraxic wrote: post #60

Earlier quoted context omitted.

I'm actually significantly more skeptical of OpenAI after discovering that one of their founders is behind this. The tag line of universal basic income is so absurd for an iris scanner built on the blockchain. Are we still in the world of 0% interest rates???

Does anyone believe the UBI part is real? Or is it just part of the scam?

It's pie in the sky. UBI could be worked towards today in many different ways without involving crypto. The idea of US tech people offering UBI to people in one of the most heavily exploited parts of the world as a way to get them to turn over biometric data is gross.

Re: Police raid Worldcoin warehouse in Nairobi

#182

Post by hyperfuturism »

monetus wrote: post #89
uLogMicheal wrote: post #11

This project builds a global identity database even if the crypto part disappears. Their tokenomics are a mess and their CEO openly admitted to market manipulation recently. Good on Kenya for shutting this down, I hope many more follow.

I've not been paying attention to altman - what did he say about market manipulation? Having trouble searching for it.

The other comment is right, that Sam Altman is not the CEO. The CEO is Alex Blania.

And he did say that they were dampening the volatility of the price for WLD (together with the help of market makers, etc. I would guess?).

Re: Police raid Worldcoin warehouse in Nairobi

#183

Post by 2-718-281-828 »

seems like several african countries are getting fed up with post- and neo-colonialism especially with regard to attemps of the west to control their economy by parasitic currencies like the cfa tethered to the franc guaranteeing cheap French access to their natural resources while at the same time handicapping the competitiveness of their economy.

Re: Police raid Worldcoin warehouse in Nairobi

#184

Post by px43 »

kstrauser wrote: post #161
px43 wrote: post #156

Earlier quoted context omitted.

You realize that the IRS deals with rampant fraud right? And with emerging technology, the capabilities of criminals to steal identities is only increasing. People file taxes for dead people or people whose identities have been stolen all the time. Recently, to deal with this, the IRS has outsourced their identity verification to a third party company, id.me, who gathers way WAY more information than Worldcoin does,…

What are the official numbers for that, compared to the legitimate traffic the IRS handles?

https://www.allstatenewsroom.com/news/tax-and-government-fra...

> Tax and Government Fraud Cases Spiked 68% in 2022

> The IRS flagged $5.7 billion in tax fraud in 2022, and there were nearly 8 million reports of suspicious tax-season activities.

Re: Police raid Worldcoin warehouse in Nairobi

#185

Post by twelve40 »

charitable interpretation: this project is trying to address the problem of distributed and anonymized KYC. Because the current setup where you upload your passport to Coinbase turned out to be a cruel joke on the original idea of a cryptocurrency: it's the exact opposite of anonymous/pseudonymous, and the exact opposite of distributed. By this point Coinbase is really no different than a bank (with one "improvement" that it also tries to entice you to play lottery with shitcoins). Whether it will succeed or has any additional agenda i have no idea.

Re: Police raid Worldcoin warehouse in Nairobi

#186

Post by pessimizer »

beardedman wrote: post #23
progrus wrote: post #12

Half-baked effort to hypnotize the global south. A GPT would be presented as the totalitarian “superintelligence”, and non-native speakers would have a hard time challenging any of it.

> the global south Care to elaborate what you mean by "the global south"? EDIT: Downvoted for asking a question? Did all the StackOverflow mods come to HN?

You were downvoted for not googling "the global south" before asking. It means you think that the time of others is less valuable than your own.

Re: Police raid Worldcoin warehouse in Nairobi

#187

Post by Hamuko »

rchaud wrote: post #155
catchnear4321 wrote: post #110

Earlier quoted context omitted.

you forgot the part about the shiny metal orb. it really changes the flavor of it from cambridge analytica to dr evil.

I'm starting to think Bond villains need to have a "satire" disclaimer to pre-empt future Stanford kids from thinking it's something to aspire to.

Alternative subtitle track that just displays "(this guy is the bad guy)" when the villain is visible on screen.

Re: Police raid Worldcoin warehouse in Nairobi

#188

Post by px43 »

JumpCrisscross wrote: post #179
px43 wrote: post #143

Earlier quoted context omitted.

I actually think his actual concern here is humans stealing identities and running bots in order to farm any sort of UBI mechanism that gets set up. It's not about humans asserting their humanness over some evil AGI/ASI machine, it's about sybil resistance. Malicious humans pretending to be thousands or millions of other humans.

> his actual concern here is humans stealing identities and running bots in order to farm any sort of UBI mechanism that gets set up So exactly what's happening with Worldcoin right now [1]. [1] https://www.coindesk.com/policy/2023/05/24/black-market-for-...

People will soon be able to use their iriscodes to reclaim credentials that they sold, and once people start doing that, the market for re-sold credentials will drop to approximately zero.

Re: Police raid Worldcoin warehouse in Nairobi

#189

Post by JumpCrisscross »

AnthonyMouse wrote: post #166
kbenson wrote: post #103

Earlier quoted context omitted.

One of them is easy to include in thrilling action movies that allows the idea and risk to enter public consciousness, and the other is something that economics wonks and people interested in how business works at high levels look at. Protagonist 1: "I don't get it, why are they doing this? What do they have to gain?" Protagonist 2: "I don't know, unless... oh my god, it's regulatory capture!" Protagonist 1: "Shit, o…

The problem with regulatory capture is it makes everybody look bad. The usual morality play is either the evil business hurting people who has to be stopped by the benevolent government regulators, or the evil government regulators hurting innocent businesses who are just trying to make a living and keep prices down and keep jobs from moving offshore. To which the traditional solutions are either more regulations tha…

> The problem with regulatory capture is it makes everybody look bad

The other problem is this isn't how regulatory capture happens. OpenAI was flexing its badass credentials in the halls of Congress while it wrapped up a multibillion-dollar fundraise. There was no path from Altman's testimony to any sort of regulatory apparatus that wouldn't immediately constrain him.

Re: Police raid Worldcoin warehouse in Nairobi

#190

Post by slantedview »

ks2048 wrote: post #72
Legend2440 wrote: post #36

I really don't want to have anything to do with crypto, and the fact that Sam Altman is pushing it in 2023 makes both him and OpenAI look sketchy. Especially crypto with a weird biometric eye scanner.

It is wild to me that Altman seems to really believe his company will have a God-On-Earth within the next decade and he still wants to put his name and time into some side hustle? I don't get it. (I think he or his supporters would say Worldcoin is something necessary for the future-AI world, but I don't buy it).

People often say one thing, but actually believe another.
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