Without decentralization, we become peasants under digital lords
Compute: Past, Present, and Future by Akash Network founder Greg Osuri at deAI Summit 2024 (Pundi X Labs)
“He talked about needing hundred billion dollars to do AI training and needing to build their own nuclear reactors to power AI data centers. These are the digital lords we are going to be bound to. If we need compute, we need to ask these people to do AI… we’re all peasants, and this is the path we’re going towards — a future where only wealthy corporations can control access to who gets to do AI. You will be rationed, you will be provisioned, and you will have [to] answer to new digital lords. That’s the future we’re go[ing] down if [we] don’t decentralize sooner.” — 00:10:22
Context: His “digital feudalism” thesis, prompted by Larry Ellison’s interview the previous day about $100B AI training runs and private nuclear reactors.