Altman says his confidence in UBI has weakened, WLD down more than 98% from its peak
According to Odaily, OpenAI CEO Sam Altman stated on a podcast that his belief in universal basic income (UBI) has weakened compared to before, and he now favors distributing AI-generated benefits through models such as "collective ownership."
Meanwhile, the cryptocurrency project World (formerly Worldcoin) promoted by him currently has its token WLD priced at approximately $0.25, down more than 98% from its all-time high of $11.82 in March 2024. Data shows that the World Foundation previously sold around 239 million WLD, cashing out approximately $65 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-"Meta hopes to take a big slice of the pie from Apple," says Needham
USD/JPY: Range-bound view on BOJ caution – BBH
PRECIOUS-Gold gains as cooler US inflation data counters higher Treasury yields
Amid the global bond market turmoil, South Korea reduces government bond issuance, while Japan states it will appropriately control the total annual government bond issuance.
As the global bond market sell-off continues to intensify, South Korea announced it would reduce its planned October government bond issuance by 5 trillion KRW to 12 trillion KRW and stated it would consider further supply cuts if needed. On the same day, Japanese Prime Minister Sanae Takaichi stated that the annual total issuance of government bonds would be appropriately controlled. Today, U.S. Treasury yields surpassed 5.3%, hitting their highest level since 2002, while UK bond yields rose above 6%, reaching a new high since 1998.
Crypto prices
More
