Worldcoin - Sam Altman Greatest Man In Crypto!

In this video excerpt, Elon Musk warns that advancing robotics and automation will increasingly eliminate jobs that humans can perform, leading to mass unemployment. He argues that society will inevitably need to adopt a universal basic income (UBI) to address the resulting social challenge, emphasizing that this is a pragmatic response rather than a desired outcome. Musk also notes that automation will drive abundant production and lower prices for goods and services, but highlights a deeper issue: people derive meaning from employment, and a future without work will require new sources of purpose. The segment includes a brief interjection from a second speaker, but the focus remains on Musk's perspective on the economic and existential implications of widespread automation.
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There will be fewer and fewer jobs that a robot cannot do better. What to do about mass unemployment? This is going to be a massive social challenge, and I think ultimately we will have to have some kind of universal basic income. I don't think we're going to have a choice. Universal basic income. Universal basic income. I think it's going to be necessary. So it means that unemployed people will be paid across the globe? Yeah. Because there is no job, machine, robot is taking over. That's simply the— and I want to be clear that these, these are not things that I think that I wish would happen. These are things, simply things that I think are probably will happen. And since, if my assessment is correct and they probably will happen, then we need to say what are we going to do about it. And I think some kind of a universal basic income is going to be necessary. Now the output of goods and services will be extremely high. So with automation, there will come abundance.
There will be—
almost everything will get very cheap. The— so I think the biggest— I think we'll just end up doing a universal basic income. It's going to be necessary. The harder challenge, much harder challenge, is how do people then have meaning? Like a lot of people, they derive their meaning from their employment. So if—
Welcome back to the channel. I hope you all are having a great day. Today we're going to talk about Royal Coin, Sam Altman, the greatest man in cryptocurrency. All right, so if you do not know who Sam Altman is for whatever reason, Uh, I'm gonna give you a brief description of him. He's one of these genius technological people, uh, who started a company that Elon Musk invested in called OpenAI, and basically is responsible for ChatGPT, right? Now, ChatGPT is one of the biggest evolutionary leaps in artificial intelligence. right? This is technology that can pretty much do all the technical jobs most humans can do. It can write code. Uh, Hollywood's in fear right now because they feel it's going to replace actors and, uh, writers, right? And, uh, they have a right to be very much afraid because that is likely going to happen. Um, so this is the guy who's created this technology. Now, controversy follows him for many reasons as well, um, and throughout the course of my videos, we're gonna talk about those things. We're not just gonna glamorize or glorify Sam Altman, right? Because he does come with a package and, uh, he comes with some baggage. But what we are going to do is talk about one of his last decisions that makes him, in my opinion, the greatest person in cryptocurrency. So in the opening video, what we got to see, we got to see Elon Musk talk about the importance of the world needing universal basic income. People on Earth, right? People on Earth saying that's one of the most important things happening, automation of jobs, et cetera. His technology, whether it be with Tesla cars and driverless cars, and now moving on to driverless semi-trucks and such, are going to displace many workers. But unlike Sam Altman, Elon Musk didn't, uh, create a solution for that problem. He didn't create a universal basic income program to try to solve that problem. Sam Altman did. Now, granted, Sam Altman, like Elon Musk, his technology is responsible as well for this job displacement that we're going to see in catastrophic numbers. But in a responsible way, not only has he done something about it to try to help fix the problem, he's also created what I believe will be the greatest cryptocurrency value-wise, purpose-driven-wise, and so on that we've ever seen in this space, right? Um, looking back at Bitcoin, I think after Bitcoin started to have ASIC mining and then after we had the SegWit, um, with Bitcoin, I believe Bitcoin lost all of its, uh, uh, all of its attributes that were good and that was helpful to mankind. After that, it just became a monetary financial system, uh, in the standard economy for wealthy people that was going to have very little benefit for the rest of us, and value-wise as well. But as we can see, Worldcoin is turning out to be a very participatory coin where everybody can participate. This is what makes Sam Altman great. That he did something about the problem and all the other cryptocurrencies don't, right? That is the problem and that is, uh, what needs to be done. Sitting on the sidelines talking about something, talking about how to fix something but not fixing it, um, is not, uh, the things that is going to help us in the long run. Now let's talk about some of the negative pushback, which I think people is pretty much against people's, the most of the globe's own best interest, because the way our systems work now, they only serve the benefit of a few. And cryptocurrency kind of presents a front like it's gonna free mankind, But it just ends up being more of the same. What crowd cryptocurrency does is just reinforce what the standard economy does, right? Puts, uh, makes the economy less participatory. Cryptocurrency has the worst level of participation economic-wise than the standard economy, right? It is, uh, basically centralized, whether it be in wealth development, The exchanges are centralized. Um, the geography is centralized. It's all very much a centralized, uh, organism, right? And that's not helpful to us at all. And it's perpetuated on a lie that it's not. Worldcoin is going to get us as close to the massive participation as possible, right? I think Royal Coin's approach is also smart, smart, because what Royal Coin is saying is saying that in a very realistic sense, yes, it's some centralization in the beginning, but it's moving ever closer to decentralization. No cryptocurrency can just start at decentralization and perform well, right? But the— but where Royal Coin, I think, is going to make up where the other coins don't is when it has billions of participants, and something that the other cryptocurrencies can't do and never will be able to do, right? And this is just the reality of it. Now, as far as the data concerns, I'm going to do more in-depth videos in the future about this, but I'm just going to be brief and touch on a little bit, right? Um, there's a few leaps in the conversation about Worldcoin, and one of those leaps is that The data is somehow going to end up in the hands of the government or some group or conglomerate, and they're going to then use that data to control the people who are in Worldcoin, right? So again, I'm not going to go very in depth in this because I want to do specific videos on this, but there are a lot of assumptions made in that. Uh, there's a lot of things that have to happen in that. Outside of the direction of Worldcoin, right? And so some of those things, it would mean that the data would have to be preserved, which Worldcoin pretty much states that the data is destroyed, right, once you're identified. But it would have to be preserved. And then it's also the idea that then the government would force Worldcoin to turn over the data that they were supposed to have destroyed but is now available for them to give to the government, right? Those things would have to happen. And the next part would have to happen is I guess the people receiving the World Coin, right, would be totally dependent on World Coin to the point they could be forced to do whatever to get the World Coin. The other thing is about that data. The assumption is that, you know, the data is being used against, you know, so again, I'm not gonna go deeper into this 'cause I got videos lined up to address all this, But do some of you conspiracy theorists out there, or very far-right conservative, like, think tanks— and I say that because that's where a lot of that comes from. I'm, I'm, I'm, I'm not supporting any political party, but I'm just saying a lot of that comes from there. And I just find it funny that Elon Musk opens up in this video about how important to humanity universal basic income is going to be. But his views and thought processes feel very, very much so, uh, um, uh, not only very far-right conservative, right, in, in his thought process, but in his attacks on Sam Altman and such. And so it just doesn't, you know, really make any sense, a lot of it. But Anyway, um, those kinds of thoughts and ideas go into, uh, pushing that narrative and idea that this is what's going to happen with Worldcoin, right? Um, but even so, even if the data is compromised to some point, the government can get it somehow, uh, there's some things we have to understand about data and where we want to be in the future. And there are some things about technology many of us don't understand when we just grab these buzzwords and follow what other people say and don't think these things through for themselves, right? Even if you believe that freedom is more important than security, right? Because that's, that's that big argument that comes up at some point in time. Even if you believe that that freedom will prevail and so on. Do you not understand that countries like China and such are basically predicted to outpace us by 2025 and data collection to run super AIs, right? So let me, let me pose this question to you all, and I'm going to get into it in future videos. Let's say you're correct about all your data with Worldcoin and so on. And it's somehow used, that data is somehow used, uh, by the government, right? For whatever, you know, for whatever reason, right? Do you not understand that if nations like China who can use all their people's data, billions of people, to empower super AIs to outpace the United States, to get a technical advantage over the United States, Do you not understand that if, if that were to happen in China, which it seems like it's going to, that your ideas of freedom by having lack of data to power, um, artificial intelligence systems that can combat against other foreign, foreign nations getting AI advancements that can harm us, uh, without that, without data, do you understand that will leave us very unsecure and that in itself could work against your idea of freedom, right? The genius conspiracy theorists out there that are ready to comment on videos like this against Royal Coin, do you not understand that? But we're going to get into all that later. Here's the bottom line and here's what we need to take from this. A product like Royal Coin, not only does it make sense and not only does it, um, seem to really be helping mankind. If we can put aside some of those negative parts, and I'm going to address some solutions to even those a little bit as we go on, uh, you can see the very importance of this. And I think it's very believable Worldcoin can have a billion users. Now people are saying things like, oh, they're getting them by using these, uh, developing nations and such, and these are poor people. And then they try to make these statements like, all these, all of these, uh, people in, uh, economically challenged nations, they, they try to use this talking point, or, oh, what they're doing is they're hijacking these people, they're robbing these people, and they're stealing their identifications, you know, as such. Uh, well, you know, theft is something outside of the scope of technology. right, in an economy, right? Anybody who knows anybody has any value or money or belongings are going to be susceptible to theft and robbery, right? That's a whole nother department and area of the conversation. Um, the other thing I would like to say is that I would never promote that even if a situation like that were to happen, that you just use Worldcoin. My thought process would be, do you understand that there's many, uh, well, not many, but there's a handful, uh, maybe 10 or less of projects that are pretty good, like Bitcoin MYK, that is on a similar trajectory like Worldcoin. Bitcoin MYK proof of of humanity, uh, uh, circles and such that have universal basic income programs that don't use, uh, uh, authentication methods maybe as extreme as WorldCoin, but working together they maybe create a variety of choices, choices and options you can use, right? And that's important because some people will say, oh, one World Coin, one world token, one world government, one method of control. Well, no, we have options. If you're using World Coin, I'm preaching to you guys all the time to use Bitcoin. I'm like, hey, this is the site we're on now. It does universal basic income. They use social media verification keys and such. They use other methods, right? And using a variety of methods is a good idea to, to, to deal with this situation. Right? And that's what you should be doing. A lot of you guys who come on the channel, comment, uh, talk about Worldcoin, think about getting a Worldcoin, or maybe you are in Worldcoin. Why are you just in Worldcoin? And we're going to do a video about that. You should have security there as well to be in other universal basic income projects like Bitcoin MYK. When you sign up for Worldcoin, you should be signed up for Bitcoin MYK. Especially if it's about data or data concern. If you're worried about that, you've already presented that, right? But the data concern conversation to me is a really limited conversation because it doesn't make any sense, first of all, right? Most nation states you're in already have all the data on you anyway. You know, it's kind of just, I don't even know where it comes from. It's a pretty dumb conversation. But as I said, with something like universal basic income, most of the time it's going to be supplemental. Most universal basic income generally won't drastically change the economy to that point where how they try to make it like, oh, I can't get bread unless I got this token and this and that, and it's the mark of the beast and so on. Right. I think that's pushing it to the extreme, right? There's nothing in the Worldcoin white paper or anything like that to go from point A to point Z in a drastic way like that, right? Your data— we're all— we've already given out all the data to Apple, to Amazon, to Meta, to Twitter. Everybody knows everything about everybody. You know, it's a little too late for that. What we need is now is a better economic system that's going to sustain citizens and help citizens to live better, happier lives. That's really what we need and that's what we should be focused on. But these guys like Elon Musk, these guys like, uh, many of these far-right think tanks, seem to be focused on things that aren't gonna do us any good in the looming coming spring of automation, right? These people have no solutions at all. They're not coming up with any solutions at all. The only solutions they have is what you see them doing. And so far that's been, been the wrong solution because as jobs get automated away, uh, it's not helping those people. All right, but I'd like to hear you guys' opinions and what you think. But let me conclude with this as I get out of here, right? Something like ChatGPT, right, that is one of the most advanced technologies now on the face of the planet, right? That is this artificial intelligence, from my understanding, that is going to become decentralized, more decentralized in the future. Uh, I believe will implement something like Worldcoin in it. I, I just, I, you know, I can see that as plain as day that they're going to accept Worldcoin. They're going to use Worldcoin. And now you got the biggest cryptocurrency in the world, the biggest technology in the world, uh, working together. Tremendous value there. So a lot of people are concerned about the value going, oh, it's universal basic income, people are just going to dump and the price is going to tank. We do not know that, right? We've never seen anything put together like this. These guys got $140 million in capital reserves coming out of the gate, and we don't know— they're already talking about people building on RoyalCoin. We don't know what's next coming out the RoyalCoin camp, and they can pay developers very, very easily to get involved. So I think a lot of people are wrong on this. And I'm not saying that Worldcoin should be the only system you use. I'm telling you Bitcoin MYK has been around for years and it has a lot of options in it that you can use as well that are just as good as Worldcoin, might even be better for some of you all. You know, in fact, I should change the title of the video to Sam Altman is the greatest known person in cryptocurrency because the founders of Bitcoin and YK, I think, are the greatest people in cryptocurrency. But again, videos for another day. That's all I want to say in this video, guys. Until next time, as always, take care of yourselves and each other.
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