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OpenAI CEO raises $115M for crypto company that scans people’s eyeballs

arstechnica.com

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Re: OpenAI CEO raises $115M for crypto company that scans people’s eyeballs

#21

Post by arcticbull »

haliskerbas wrote: post #18
arcticbull wrote: post #9

Earlier quoted context omitted.

My dude, whether Sam Altman does it or not has zero bearing on that. If you care about privacy and avoiding such a dystopian outcome, vote for common-sense regulations.

How many times has “just go vote” prevented things you didn’t want

This is the fallacy of counting the set of things that don't happen (I don't know if there's a technical term for it). The rivers aren't on fire anymore, the air is clean, the skies are safe - things are just about as good as they've ever been (despite a few outliers). That's all thanks to voting and common-sense regulations.

So to answer your question directly, "pretty much constantly but it's easy to miss since by definition they're successfully being prevented."

Re: OpenAI CEO raises $115M for crypto company that scans people’s eyeballs

#22

Post by bb88 »

mise_en_place wrote: post #14
siliconc0w wrote: post #6

It's kinda brilliant to both build the problem and the solution

Crypto will always be a solution in search of a problem.

Crypto will always be a problem that can only be fixed with more crypto.

Re: OpenAI CEO raises $115M for crypto company that scans people’s eyeballs

#23

Post by Alex3917 »

simonw wrote: post #17

What is there to discourage desperate or ill-informed (or both) people from selling their World ID credentials to bad actors?

There are only 8 billion people on earth, so even if every single account were fake that's still a huge improvement over the status quo where someone can spin up 8 billion fake accounts in an hour.

Re: OpenAI CEO raises $115M for crypto company that scans people’s eyeballs

#24

Post by cpeterso »

notfried wrote: post #12

What I find even more dystopian is that there's already a black market for those digital eyeball credentials: > Meanwhile, a black market emerged on Chinese social media and ecommerce sites. Sellers were offering KYC verifications for the World App, which offers wallet and ID services. The credentials often come from developing countries like Cambodia and Kenya, according to social media posts. [1] [1] https://www.co…

Just a reminder that biometric data (like iris or fingerprint scans) are "usernames", not passwords. If a site's password database is leaked, you can change your password. If a site's iris scan database is leaked, you're out of luck.

Re: OpenAI CEO raises $115M for crypto company that scans people’s eyeballs

#26

Post by cs702 »

The OP quotes one of the investors:

"Worldcoin has a unique opportunity to establish and scale a new privacy-preserving primitive for the Internet...", etc.

I'm not going to quote the rest because everyone here is tired of corporate-speak.

Translation from corporate-speak:

"We're high as a kite on the vision of managing identification credentials for everyone everywhere."

---

PS. Let me add: I believe Sam and his team genuinely have good intentions. But good intentions do not guarantee a good outcome.

Re: OpenAI CEO raises $115M for crypto company that scans people’s eyeballs

#28

Post by siftrics »

mise_en_place wrote: post #14
siliconc0w wrote: post #6

It's kinda brilliant to both build the problem and the solution

Crypto will always be a solution in search of a problem.

In the past 24 hours, close to 1 trillion dollars worth of payments have been settled on blockchains.

They eschew the need for intermediaries, like the numerous banks that recently imploded and locked depositors' funds away for who knows how long.

They eschew credit risk. Creditors cannot take your funds on an L1, even if they maliciously try.

Re: OpenAI CEO raises $115M for crypto company that scans people’s eyeballs

#29

Post by peyton »

bb88 wrote: post #19
notfried wrote: post #12

What I find even more dystopian is that there's already a black market for those digital eyeball credentials: > Meanwhile, a black market emerged on Chinese social media and ecommerce sites. Sellers were offering KYC verifications for the World App, which offers wallet and ID services. The credentials often come from developing countries like Cambodia and Kenya, according to social media posts. [1] [1] https://www.co…

Why, that's not a dystopian hellscape at all! /s

I actually think it’s better than the current situation where the state can freeze your ability to transact at any time.

Re: OpenAI CEO raises $115M for crypto company that scans people’s eyeballs

#30

Post by version_five »

colesantiago wrote: post #7

Sam’s strategy here is to create the sickness (ai) and sell the cure (worldcoin). This is a complete grifting double hedging scam.

I can imagine this being true, but I think supervillain schemes like this don't actually work in real life. Both will just up becoming irrelevant, and the public internet will get a little shittier
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