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Universal Basic Incompetence

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  Universal Basic Incompetence Simplicius Last week a watershed study on UBIā€”Universal Basic Incomeā€”was published,  which you can find here . Particularly noteworthy is it was carried out by Sam Altmanā€™s Open Research, a cutout of OpenAI, to test theories of UBIā€™s potential future impact on society, given that itā€™s OpenAIā€™s radical developments in the AI field which threaten to replace the human workforce with machines in the not-so-distant future. In essence, the study gave $1,000 dollars per month to 1,000 low-income Americans for three years, with another 2,000 people serving as control group with $50 a month. The money was given unconditionally, meaning they could spend it on anything they want, unlike various forms of Welfare with severe restrictions on its usage. Itā€™s said to be the largest scale experiment of its type in America, though there have been others elsewhere, like a well-known  UBI pilot study in Finland in 2017 . The researchers aimed to answer a series...

Worldcoin: Sam Altmanā€™s Crypto Tool for Technocracy?

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  Worldcoin: Sam Altmanā€™s Crypto Tool for Technocracy? More than a sketchy cash for biometrics scheme, OpenAI CEO Sam Altman and friendsā€™ Worldcoin project is positioning itself as a one-stop shop for identity and financial infrastructure that could upend traditional finance and governance structures as we know them. BY STAVROULA PABST ā€œNo one told me what theyā€™ll do with my eyeā€¦I did this out of need.ā€ Olga de LeĆ³n, Buenos Aires Resident, to  Rest of World Want $50 worth of cryptocurrency? Scan your irises with one of Worldcoinā€™s orbs and itā€™s yours. Such is Worldcoinā€™s (rather odd) elevator pitch to the public, which has subsequently rolled out its iris-scanning orbs to  38 countries  worldwide. Worldcoin Orbs ( Source ) Launched in mid-2023 and  described  by founder Sam Altman upon launch as ā€œa global financial and identity network based on proof of personhood,ā€ Worldcoin has made a big splash in its efforts to grow an identity and finance network using...