WEBVTT - Monologue: Sam Altman's BS Eye Scanning Startup

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<v Speaker 1>Zone Media. Hello and welcome to this week's Better Offline Monologue.

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<v Speaker 1>I'm your host ed Zetron. What Last week, Sam Altman's

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<v Speaker 1>sort of debuted his latest idea, a project called World

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<v Speaker 1>that claims to be and this is a direct quote,

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<v Speaker 1>a network of real humans built on an anonymous proof

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<v Speaker 1>of human and globally inclusive financial network. I want to

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<v Speaker 1>diet anyway, This slew of buzzwords is meant to distract

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<v Speaker 1>you from what World really is a collection of extremely

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<v Speaker 1>shitty apps that requires you to scan your eyeball for

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<v Speaker 1>some reason. Now, the company behind World is called Tools

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<v Speaker 1>for Humanity, an annoying name for a company with an

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<v Speaker 1>annoying tagline that claims they're building for humans in the

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<v Speaker 1>age of AI. I note that literally every software company

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<v Speaker 1>is by definition, building for humans, unless there is a

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<v Speaker 1>dog version of word I didn't know about. Anyway, back

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<v Speaker 1>to All's latest bullshit. New users sign up by using

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<v Speaker 1>one of seven thousand orbs scattered throughout the world to

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<v Speaker 1>scan their eyeballs, even though it's worth mentioning that the

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<v Speaker 1>official website only lists eight one hundred and thirty seven

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<v Speaker 1>locations with the specialist hardware required, and they're in a

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<v Speaker 1>seemingly random bunch of countries. Thailand, the Dominican Republic, and

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<v Speaker 1>Ecuador are all listed, but France and the United Kingdom

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<v Speaker 1>and Australia are not, I imagine due to local laws or

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<v Speaker 1>maybe just they didn't want to bother it never is

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<v Speaker 1>obvious with these people. When he user signs up, they

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<v Speaker 1>receive sixteen world coin or wld tokens. These are worth,

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<v Speaker 1>at the time of writing this script, ninety one cents.

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<v Speaker 1>That's a pretty low price to give up random startup,

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<v Speaker 1>a scan of your unique retina patterns. But whatever user

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<v Speaker 1>accounts are registered on the blockchain, which is, for some

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<v Speaker 1>reason the good thing. And when I read that, I

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<v Speaker 1>had to convince myself that I hadn't time travel back

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<v Speaker 1>to twenty seventeen or twenty twenty one or another time

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<v Speaker 1>when scam artists were running around this rampantly. You may

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<v Speaker 1>be wondering what the point of all of this is.

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<v Speaker 1>From what I can tell is that it's an attempt

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<v Speaker 1>to create some sort of verified identification system where companies

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<v Speaker 1>connect to world systems and can guarantee that each user

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<v Speaker 1>is real. And I'm really guessing here because world does

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<v Speaker 1>not seem that interested in explaining. By verifying your identity

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<v Speaker 1>using this giant metal orb you get access to a

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<v Speaker 1>suite of mini apps, including the ability to buy stuff

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<v Speaker 1>with crypto, create human only Telegram groups, top up a

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<v Speaker 1>prepaid cell phone using crypto, and crypto for working out

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<v Speaker 1>livestream from your World account, play shitty mobile games, or

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<v Speaker 1>doorso user crypto. Well, it really all of this is

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<v Speaker 1>just a series of very poorly done apps, and they're

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<v Speaker 1>all basically crypto apps or something to do with spending

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<v Speaker 1>your World coins. And for all the pomp, circumstance and bullshit,

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<v Speaker 1>press World's actual product is the same kind of mediocre,

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<v Speaker 1>bottom of the barrel crypto bullshit that scam out Ice

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<v Speaker 1>will howk it into twenty twenty one, with the veneer

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<v Speaker 1>of respectability given by Sam Llltman and his marketers in

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<v Speaker 1>place to make sure the media actually covers it. I

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<v Speaker 1>should note that you can do all these things already

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<v Speaker 1>without the additional layer of biometric verification or anything to

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<v Speaker 1>do with the blog chain. Now, according to mister Altman,

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<v Speaker 1>and faithfully parroted without a single thought, not one by

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<v Speaker 1>Kevin Ruce of The New York Times, Alex Heath of

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<v Speaker 1>the Verge Worldcoin and I quote heath could be used

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<v Speaker 1>as a form of universal basic income for individuals whose

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<v Speaker 1>jobs have been replaced by AI. How where's the money

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<v Speaker 1>coming from?

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<v Speaker 2>Sam?

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<v Speaker 1>How would that work? What does any of that mean?

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<v Speaker 1>Who knows? Just just write the fucking quote down, I guess,

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<v Speaker 1>just say it. We don't all have our own personal

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<v Speaker 1>Massayoshi Sun to lend US forty billion dollars whenever we want.

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<v Speaker 1>It's just it's incoherent. Nevertheless, mister rus of the Times

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<v Speaker 1>Mysterious went on to say that Altman and Alex Blinia,

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<v Speaker 1>the other co founder, believe that something like world coin

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<v Speaker 1>will be needed to distribute the proceeds and powerful AI

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<v Speaker 1>systems to humans, perhaps in the form have you guessed it?

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<v Speaker 1>And that's my addition, universal basin income? And I know,

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<v Speaker 1>I mean, I know, I bag on mister Russe a lot.

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<v Speaker 1>I know I'm merciless with him, but come on, man,

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<v Speaker 1>how how what does that even mean? Man?

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<v Speaker 2>When has a tech company ever distributed the proceeds of anything,

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<v Speaker 2>especially one run by Samilton, the CEO of Open Ai,

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<v Speaker 2>a company built on stealing people's shit and trying to

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<v Speaker 2>take their jobs.

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<v Speaker 1>It's just I don't know, man, Like I try not

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<v Speaker 1>to be so much of a hater. But you see

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<v Speaker 1>this shit, and you like Kevin Rus is ostensibly not

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<v Speaker 1>an idiot, Like, why wouldn't you just say, hey, Yeah,

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<v Speaker 1>they say they want this to be universal basic income,

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<v Speaker 1>but I haven't described why or how or even what

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<v Speaker 1>the practicalities are. And that's a problem that would be

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<v Speaker 1>a good thing for the New York Times to discuss.

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<v Speaker 1>But no, we need to keep the column going. Don't

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<v Speaker 1>mean Kevin. Tech companies are notorious for engaging in complex

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<v Speaker 1>tax avoidance schemes precisely because they don't like distribute the

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<v Speaker 1>proceeds of their activities, which normal people call paying our

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<v Speaker 1>fair share of tax. Mechanisms designed to tax these companies

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<v Speaker 1>engaging in aggressive tax of avoidance practices are now referred

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<v Speaker 1>to as the Google Tax, precisely because tech companies are

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<v Speaker 1>the worst offenders. And I've often said the Open AI's

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<v Speaker 1>success is based on impossible things happening, like a company

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<v Speaker 1>kind of raising more money than any startup has ever

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<v Speaker 1>raised in perpetuity until some yet unseen breakthrough maths or

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<v Speaker 1>semiconductor engineering happens and allows it to essentially crawl into

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<v Speaker 1>the black, but not without first burning hundreds of billions

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<v Speaker 1>of dollars. This is basically what World appears to be

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<v Speaker 1>as well, except with far less effort. Like I guess

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<v Speaker 1>we're going to put all the eyes in the machine

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<v Speaker 1>and then something will happen. Right, wrong, nothing's happening. World

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<v Speaker 1>has actually been around for a few years, and they've

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<v Speaker 1>been doing some really nasty stuff behind the scenes. According

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<v Speaker 1>to Ailing Guo and Adi Ronaldi of MIT Technology Review,

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<v Speaker 1>who reported in twenty twenty two and I'll be Linking

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<v Speaker 1>in the episode, notes that all would hire local ORB

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<v Speaker 1>operators to sign people up, and I quote receiving commission

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<v Speaker 1>for each person's biometric data that they collect, turning them

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<v Speaker 1>into the equivalent of a door to door salesman, but

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<v Speaker 1>instead of knives or Kirby vacuums, they're trying to take

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<v Speaker 1>pictures of your eyes. These operators, according to tech Review,

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<v Speaker 1>barely knew what they were selling, what World called coin did,

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<v Speaker 1>or how the information was collected, what was done with

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<v Speaker 1>any of this stuff. World preyed upon people in developing

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<v Speaker 1>and often poor countries like Indonesia, Kenya, Sudan, and Ghana,

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<v Speaker 1>where people might be tempted with what might be considered

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<v Speaker 1>by Western standards are pittance to scan their eyes and

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<v Speaker 1>download the app as on the side. By the way,

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<v Speaker 1>world Coin is now banned in both Spain and Hong Kong.

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<v Speaker 1>Almost every article about world takes their idea at face

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<v Speaker 1>value that this is a company verifying people's identity using

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<v Speaker 1>their eyes, and that they will, as a result, be

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<v Speaker 1>able to connect this to a verified eye database and

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<v Speaker 1>then do something. Just something will, then something will happen.

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<v Speaker 1>It's good to verify people because AI AI bots right right,

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<v Speaker 1>I mean, social networks are, they're full of bots, and

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<v Speaker 1>this will stop that somehow, won't it. Yeah, I mean,

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<v Speaker 1>I want to be clear that this whole thing is

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<v Speaker 1>extra normally fucking stupid, and nobody would have paid attention,

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<v Speaker 1>even an Iowa to of attention to it if Samuilman

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<v Speaker 1>wasn't attached. And we know that because if you search

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<v Speaker 1>for biometric blockchain verification funding on Google with the verbeta

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<v Speaker 1>match and turned on, you see a bunch of companies

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<v Speaker 1>that have also tried to do exactly the same thing

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<v Speaker 1>over the past few years. And while they raised the

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<v Speaker 1>odd million here or there, especially during the twenty twenty

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<v Speaker 1>one twenty twenty two VC market, they didn't really go anywhere.

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<v Speaker 1>On top of the obvious privacy concerns of millions of

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<v Speaker 1>people creating a giant biometric database of their eyes, World's

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<v Speaker 1>ideas are somewhere between also rans and complete fucking nonsense.

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<v Speaker 1>Weld has raised one hundred and fifteen million dollars at

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<v Speaker 1>a three billion dollar valuation, yet has built no infrastructure

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<v Speaker 1>of apps, no real business model, and and nothing other

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<v Speaker 1>than an aggressive attempt to gather millions people's eyeballs. They

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<v Speaker 1>do also have an upcoming visa debit card to use

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<v Speaker 1>your crypto without first converting it into Viat currency, which

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<v Speaker 1>is an idea that's extremely old and has been done

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<v Speaker 1>many many times over the years. Oh and they're also

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<v Speaker 1>going to allow you to verify your identity on Tinder,

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<v Speaker 1>which is a feature that Tinder already offers. And really,

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<v Speaker 1>though biometric verification is already a thing, there's something called

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<v Speaker 1>pass keys, which are already being offered as a replacement

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<v Speaker 1>to passwords, and a bunch of sites like Amazon I

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<v Speaker 1>think best bias. Well, they work by storing a cryptographic key,

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<v Speaker 1>not cryptocurrency cryptographic, it's the maths one, and they store

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<v Speaker 1>it on your device, which is something you already have

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<v Speaker 1>and verify that against something that you can't easily spoof,

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<v Speaker 1>like a scan of your face and what face ID

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<v Speaker 1>does or fingerprints and yes, your iris is in some cases,

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<v Speaker 1>well World wants to offer exactly that, but you have

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<v Speaker 1>to use some giant eye scanner thing that you have

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<v Speaker 1>to physically travel to one only available in a handful

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<v Speaker 1>of countries and give your data to a man who

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<v Speaker 1>loves the lie and make himself more money. And while

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<v Speaker 1>it's true that some in the developing world lack any

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<v Speaker 1>formal identification and that in turn makes it harder for

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<v Speaker 1>them to access travel documents, banking services and government services,

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<v Speaker 1>we don't need Sam Moltman to solve that problem. Indias

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<v Speaker 1>solved this almost sixteen years ago with its ad Hoar program,

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<v Speaker 1>which now covers ninety nine point nine percent of the

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<v Speaker 1>adult population. Adhar gives Indian citizens a twelve digit unique

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<v Speaker 1>identify which is linked to their biometric information. In India

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<v Speaker 1>managed to accomplish this without crypto or the blockchain. I'm

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<v Speaker 1>sure it's not perfect, I'm sure that there are critics

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<v Speaker 1>of it, but it's definitely better than World. And also

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<v Speaker 1>it's old news and it's not exciting, even though it worked.

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<v Speaker 1>Let's talk about Sam Altman and whatever the fuck he's

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<v Speaker 1>up to now. Some people Alex Heath have also said

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<v Speaker 1>that World's platform has over one hundred and fifty apps,

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<v Speaker 1>but neglected to check if that was the case. That

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<v Speaker 1>it appears there are only sixty three of them, with

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<v Speaker 1>the vast majority of them being either a crypto app

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<v Speaker 1>or an app that otherwise verifies you using your World idea.

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<v Speaker 1>It's kind of like how Android has always had more

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<v Speaker 1>apps than iOS, but they are often low quality, like

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<v Speaker 1>app based wrappers of websites you already can read in

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<v Speaker 1>your browser, or trivial ones like a flashlight app. Now,

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<v Speaker 1>to be clear, this is also something that happens in

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<v Speaker 1>iOS now because Apple doesn't give a rap fuck. Nevertheless, nevertheless,

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<v Speaker 1>World's App Store is nonsense, and to talk about it

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<v Speaker 1>is a real app store is journalistic malpractice. Come the

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<v Speaker 1>fuck on, I'm sick of this. If Sam Molton was

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<v Speaker 1>not involved with this, this wouldn't get coverage and it

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<v Speaker 1>would never have raised money, and frankly, I think everyone

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<v Speaker 1>would be making fun of it.

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<v Speaker 2>Now.

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<v Speaker 1>I've read about fifteen different articles about World to write

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<v Speaker 1>this monologue, and I was hoping i'd find just this

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<v Speaker 1>mesion of information about this company that would somehow show

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<v Speaker 1>depth or substance or something other than Sam Altman is

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<v Speaker 1>working on something. And I'm gonna be honest. I came

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<v Speaker 1>up shore and what you just heard there was my

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<v Speaker 1>cat Howell, who has decided to join me for this episode.

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<v Speaker 1>World is a fuss. It's another cynical con yes, how

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<v Speaker 1>peddled by a cynical con man. Twenty percent of World's

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<v Speaker 1>tokens have, according to MIT Tech Review, already been allocated

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<v Speaker 1>to their full time employees and investors. And I cannot

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<v Speaker 1>find any good reason why this thing even needs a token.

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<v Speaker 1>In fact, I really can't find a cogent reason for

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<v Speaker 1>this company to exist. I don't see a business model

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<v Speaker 1>or even much of a product. Well. Zapp is a

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<v Speaker 1>boring collection of crypto adjacent bullshit, the kind of which

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<v Speaker 1>I thought we'd abandoned five years ago. Their token is

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<v Speaker 1>yet another phony attempt to connect privacy to the blockchain,

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<v Speaker 1>which is ridiculous because the blockchain is just the type

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<v Speaker 1>of database, and their mission is almost contemptuous in its vagueness. Well,

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<v Speaker 1>it feels like something propped up specifically to absorb data.

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<v Speaker 1>Venture capital and media attention and inadvertently proves that something

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<v Speaker 1>is broken in society that allows companies to raise money

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<v Speaker 1>to do nothing and use the media as their marketing.

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<v Speaker 1>On just society, Sam will be laughed out of the

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<v Speaker 1>building or unceremoniously launched headfirst from the top of it.

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<v Speaker 1>In ours he celebrated for his vacuousness, his ideas championed

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<v Speaker 1>as some sort of altruistic blueprint for the future.

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<v Speaker 2>Good Grief