AI centralization is spiking energy prices; only decentralization can coordinate it
DePIN: Hype or the Next Trillion-Dollar Market? - TOKEN2049 Singapore 2025 (TOKEN2049)
“Three trillion dollars worth of investment went into AI, mostly buying chips and building data centers… Bloomberg literally wrote a report saying that in Baltimore, where you have data centers, the cost of energy went up by 280% in five years — that’s because of AI centralization… I don’t see any other way that this industry can come together without decentralization.” — 00:39:18
Context: Closing answer on how DePIN reaches a trillion-dollar market: “you’re not building companies, you’re building networks” — decentralization brings coordination against competition. (Baltimore figure falls in the [00:40:02] block.)