Worldcoin Plans to Relaunch in India in 2024
The controversial eye-scanning project, Worldcoin, is set to relaunch in India in 2024 after facing criticism and shutting down a few months ago. Despite concerns about creating a global identity database, the company claims its operations in India will have limited scope.
Indians Crowd Worldcoin Kiosks
Tools for Humanity (TFH), the company behind Worldcoin, temporarily halted its operations in India due to overwhelming demand. Crowds of people eager to experience Worldcoin’s Orb sometimes had to be controlled by police. By signing up for a WorldID and getting their irises scanned, individuals can receive 25 WLD tokens.
Controversy and Skepticism Surrounding Worldcoin
Worldcoin’s data collection practices have been criticized as a “dystopian nightmare.” The project has faced investigations and bans from regulators and authorities in the UK and Kenya. The company aims to prove a person’s humanity in the face of advancements in superintelligent AI. However, it has been observed that Worldcoin targets vulnerable populations.
Worldcoin Prospects Beyond India in 2024
Worldcoin’s success moving forward depends on its ability to address skepticism about AI and reassure skeptics. Its progress in 2024 will also rely on the pace of AI development. Currently, it is challenging to convince people from affluent countries to buy into Worldcoin’s thesis. The project has only achieved a small fraction of its initial target sign-ups. Privacy concerns and slow uptake compared to other projects may impede its growth.
Hot Take: Challenges Ahead for Worldcoin
While Worldcoin plans to relaunch in India, it faces significant challenges in gaining widespread acceptance and reaching critical mass. Skepticism about AI, concerns about privacy, and targeting vulnerable populations may hinder its progress. Worldcoin needs to address these issues and leverage the success of other AI projects to achieve its goals.
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