WorldCoin, Universal Basic Income, and the AI Revolution in the Job Market

WorldCoin wants to scan your eyeball and give you crypto. AI is automating jobs. Is Universal Basic Income the answer?

Let us talk about what is actually happening.

What Is WorldCoin?

WorldCoin is a cryptocurrency project that:

• Scans your iris (eye)
• Gives you free tokens
• Plans to create a global basic income

Founded by Sam Altman (OpenAI CEO). Ambitious. Controversial.

The Vision

The idea: As AI replaces jobs, we need a new economic model. Universal Basic Income (UBI).

Everyone gets paid, regardless of work. Funded by the value AI creates.

The Reality

Problems:

• Privacy: Scanning eyes? Really?
• Implementation: Hard to verify humans globally
• Value: Token price is volatile
• Scale: Would need enormous resources

AI and Jobs

What AI actually does:

• Automates repetitive tasks
• Augments human work
• Creates new job categories
• Requires new skills

The net effect? Productive. But painful for some workers.

The Real Questions

We should ask:

• How do we help displaced workers?
• Who benefits from AI value?
• How do we structure the economy?
• What is work's purpose?

My View

I am optimistic. AI creates more value than it destroys. But transition matters.

We need:

• Better education
• Retraining programs
• Social safety nets
• New economic models

WorldCoin is one experiment. There will be others.

What Matters Now

For you:

• Learn AI skills
• Adapt to change
• Build valuable expertise
• Stay curious

The future is being written. Participate in creating it.

— Jan