# GPUs are the new oil / the new gold

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2023-05-09
- **Theme:** GPU Economics — https://www.gregosuri.com/predictions/gpu-economics/
- **Source:** Where Crypto and AI Meet \| Featuring Akash, Bittensor, Gensyn & DCG (April 26, 2023) (The Bittensor Hub)
- **Watch at:** 00:03:39 — https://www.youtube.com/watch?v=1wJUY7jNDXQ&t=219s
- **Canonical:** https://www.gregosuri.com/predictions/gpu-economics/2023-05-09-gpus-are-the-new-oil-the-new-gold-f5ou/
- **Cite as:** Greg Osuri, "GPUs are the new oil / the new gold," Where Crypto and AI Meet \| Featuring Akash, Bittensor, Gensyn & DCG (April 26, 2023) (The Bittensor Hub), 9 May 2023, 00:03:39. https://www.youtube.com/watch?v=1wJUY7jNDXQ&t=219s

## Quote — verbatim

> Turns out GPUs are the new oil... if you ask anybody doing any decent amount of training or inference or fine tuning, you'll notice GPUs are very hard to get... Elon Musk purchased about 10,000 of them a few weeks ago and it's going to be the thing, right? These, this is the new gold... So we think the future of the way you... the only way you'll be able to access these GPUs

## Context — site annotation, not spoken

Greg's panel intro of Akash; the sentence completes in the next caption block — future GPU access will be "from each other" via secondary markets.