By Ken Macon/Reclaim the Net
OpenAI’s CEO Sam Altman is securing $100 million in funding for the company’s dystopian iris-scanning technology to create a global cryptocurrency called Worldcoin, according to The Financial Times. The company is preparing to launch Worldcoin in the next few weeks.
The funds are being procured from new and old investors, according to sources familiar with the matter. Previous investors include FTX founder Sam Bankman-Fried who is facing charges for major fraud, internet entrepreneur Reid Hoffman, Andreessen Horowitz’s crypto fund, and Khosla Ventures.
The company plans to use iris-scanning technology to create a global digital ID that will be used to access Worldcoin.
Privacy-preserving, is how Altman phrased all this – and said that the iris recognition was there to make sure users “do not claim their free share more than once.”
The big takeaway – if you believe it – is that right now, “iris recognition technology is capable of distinguishing individuals on a billion person scale.”
PERCEPTION RESET 