Joey Bertschler, a former OpenAi employee, is building a wage access system deserved by the cryptocurrency through his new startup, Volante Chain.
In an interview with Cointtelegraph at the German Blockchain and the AI week, Bertschler said that he was working in Openai before the launch of Chatgpt, helping commercial customers to use AI tools at an early stage. Later, he decided to change industries and focus on financial technology, creating a blockchain-based platform that allows access to wages the same day for employees.
Volante allows employees of participating companies to be paid for their daily salary on the same day, rather than waiting until the end of the month. Bertschler described the current standard as “30 days to withdraw your freedom, to choose what to do with your money”, especially for those who live the pay check.
The platform uses the blockchain to allow transparent folder holding in a large verified book and reduce costs, which allows low costs, he said.
Volante uses artificial intelligence to help predict the faults of the employer’s defects and to assess risks in real time. Bertschler described the system as a hybrid: partially led by AI with human surveillance and a legal examination. He said that AI is used for model detection and decision -making, but is not entirely autonomous. “There is also a semi-automation, some lawyers involved, human surveillance,” he said.
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Bertschler told Cointelegraph that Volante had raised approximately $ 2 million so far private investors. He expects the company Lean to work for about five years without requiring new capital injections.
He said flying “deployed a few thousand test users in Vietnam and Japan”, with expansion plans in the future. He said it was the minimum viable product stage and compared it to a closed beta version.
From Openai to Crypto
Bertschler said that his decision to leave OpenAI and that the subsequent fintech pivot has resulted from good offers from other companies and internal policies that he did not appreciate. As an Austrian national, he said that non-Americans employees faced limited advancement opportunities and were excluded from action options.
“We are a little stuck. We have been paid for fair wages, but we did not have any purchase options, and we could not really increase in our roles,” he said.
He added that the closed nature of the company prevented workers from presenting their code on Github, which allows long -term growth of employees:
“I wrote a lot of documentation. For example, my name is on nothing. (…) You don’t have a portfolio to show, right?”
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Openai is more and more closed
Bertschler criticized the current management of Openai, saying that the company has become more secret and profit from the involvement of Microsoft.
Bertschler said that Openai’s conduct was not appropriate for his name. “You can absolutely call it ai closed,” he said, adding:
“It certainly goes against many founding principles.”
May reports indicate that Microsoft – The best OpenAi funder – is currently in talks with the AI giant to renegotiate the investment agreement.
Openai tried to restructure to focus on profits, but this was encountered by co-founders like Elon Musk and the first investors.
In early May, Openai announced that it abandoned its passage to a purely for profit model and chose to move to a public services company. This structure would include legal obligations to achieve objectives of corporate or public goods and be controlled by a non -profit entity.
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