Tools for Humanity’s main product, Worldcoin, was a self-described “collectively owned” cryptocurrency that would allow everyone to eventually get a share of its value. As part of the scheme, the company was developing a dramatic-looking chrome-colored orb—roughly the size of a bowling ball and partly a reflection of Altman’s design tastes—to scan people’s irises and verify their identity before giving them their cut. The iris scanning would be a necessity, the founders argued, once AI also made it increasingly hard to decipher fake media from reality. An extensive investigation from Eileen
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