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Worldcoin just officially launched. Here’s why it’s already being investigated.

Aug 07, 2023 - technologyreview.com
Worldcoin, a project that aims to distribute money globally using cryptocurrency and create a global identity system, has been under scrutiny for its data collection and privacy practices. The company, co-founded by OpenAI CEO Sam Altman, has been accused of collecting sensitive biometric data from vulnerable people and using it to train AI models without informed consent. Despite claims of changes in its data collection practices, the company has been vague about specifics. Regulators in at least four countries have launched investigations into the project's privacy practices.

The company's "proof of personhood" methodology, which requires extensive data to train AI models, is a core objective of the project. Worldcoin recently announced that it will allow other companies and governments to deploy its identity system. However, it remains unclear whether the company still uses the biometric data it collects to train its AI models, or whether it has deleted the data it previously collected from test users.

Key takeaways:

  • Worldcoin, a project that aims to use cryptocurrency to distribute money globally and create a global identity system, has been under scrutiny for its data collection and privacy practices.
  • Investigative reporting revealed that Worldcoin collected more personal data than it acknowledged and used deceptive marketing practices. The company also used test users' sensitive data to train AI models without their knowledge.
  • Regulators in at least four countries have launched investigations into Worldcoin's privacy practices. The company claims to have scanned nearly 2.2 million unique humans into its database.
  • Worldcoin has announced that it will allow other companies and governments to deploy its identity system, but it has not clarified whether it still uses the biometric data it collects to train its AI models.
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