Despite the recent controversy and his removal as CEO of OpenAI, Sam Altman’s role at Worldcoin is expected to remain unchanged. Altman, a co-founder of Worldcoin and current chairperson of its developer, Tools for Humanity, is anticipated to maintain his position at the crypto company.
Worldcoin, founded in 2020 by Altman, Max Novendstern, and CEO Alex Blania, gained attention for its unique approach to verifying a person’s “personhood” by scanning their iris and rewarding them with a proprietary crypto token. The company’s ultimate goal is to establish a global “universal basic income” program, providing regular payments to individuals worldwide, particularly in a future where AI could potentially replace human jobs.
The fate of Altman has had an impact on Worldcoin’s token price, experiencing fluctuations in response to news about his status at OpenAI. Altman’s departure from OpenAI triggered a sharp decline in the value of Worldcoin’s token (WLD) last week, but an uptick was observed when he announced joining Microsoft. Investors view Altman’s association with Worldcoin as a positive factor, and despite challenges and controversies, the project continues to progress toward its goals.
We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo.
We are collaborating to figure out the details. Thank you so much for your patience through this.
— OpenAI (@OpenAI) November 22, 2023
Altman recently rejoined OpenAI as CEO, following an agreement in principle. The decision came after immense pressure from employees and investors on the board that ousted him less than a week ago. The move to reinstate Altman was prompted by a letter signed by hundreds of employees, including co-founder and board member Ilya Sutskever, threatening to move to work with Altman at Microsoft if the board did not resign and bring him back.