Digital feudalism: corporations will dictate who gets to do AI
Akash Network Explained: Everything You Need To Know Before Investing by Founder Greg Osuri (Founder School)
“The real risk is us as a society going back to feudalism — I call this digital feudalism. There was a time in history that few people had most power in Europe and peasants had to depend on these people for accessing basic things like food and water, and that is a future we’re facing right now. The future is bleak where a corporation or a business dictates who gets to do AI, dictates a rationing of resources to use AI — and we’re kind of seeing that right now, Amazon and Google of the world rationing computing power… rationing, or we call it, the spice. But the spice must flow.” — 00:08:05
Context: The stakes section of the talk — the risk of hyper-concentration of cloud/AI power.