Sam Altman's New Startup | Business | Sarthak Ahuja

Sam Altman has co-founded another startup after Open AI… it’s called World that’s raised USD 250 Mn and is valued at USD 3 Bn…

and what it does is quite interesting…

Now with Agentic AI, you would soon have AI tools doing tasks for us all the time…

It could include logging into our emails, responding to mails, even shopping on our behalf and making payments…

And with this, it will soon be able to bypass Captcha as well.

Now, so that someone does not hack your AI agent and make unauthorised transactions…

Human identification rapidly needs a new technology.

So in World, he is said to be creating orbs or basketball sized globes that will identify you using iris scanning to authorise transactions…

But first, use biometric markers to identify you.

It’s been launched in a few countries where they are incentivising people to scan themselves in return for crypto coins

A number of countries have concerns around data privacy, which is why adoption may take some time.

But with almost 10 Mn people already scanned, they are considering partnering with a service like Visa to onboard more and link them to financial transactions.

And this is the next wave of startups which will sprout up in every country, including India…

Each country would want to maintain its own database of civilian identification data…

And who knows everyone may soon have to carry an iris scanner to validate transactions.

The form and manner in which it will pan out will be interesting for the world to see…

But human identification is the next step after agentic AI solutions.

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A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.
Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.

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