OpenAI’s social network is a Trojan Horse for owning the AI era identity 🐴🪪; The most important post-mortem in FinTech 😳💸

FinTech is Eating the World, 5 February

Hey Everyone,

Good morning & happy Thursday! Today, we’re looking into OpenAI, which is currently working on a humans-only social network to challenge Twitter/X & LinkedIn (what it’s all about, why it matters & how it perfectly ties into OpenAI’s Agentic OS strategy + bonus deep dive into Agentic Singularity), and the most important post-mortem in FinTech (breaking down former PayPal CEO’s brilliant take on what happened to PayPal, why the company is struggling & what’s next). So let’s jump straight into the finnovative stuff 🌶️

OpenAI’s social network is a Trojan Horse for owning the AI era identity 🐴🪪

The news 🗞️ Sam Altman isn’t building a Twitter/X competitor. He’s building the passport office for the agentic internet.

According to Forbes recent reporting, OpenAI has a small team - fewer than ten people - working on a humans-only social network that would require biometric verification to join.

The options being considered: Apple’s Face ID or the World Orb, the iris-scanning device from Tools for Humanity, the company Altman founded and still chairs. World has already scanned over 17 million people globally, which means the infrastructure exists.

Let’s break this down, understand why it matters, how it fits into OpenAI’s broader ambitions, and what’s next.