# GPUs are the new oil

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2023-05-17
- **Theme:** GPU Economics — https://www.gregosuri.com/predictions/gpu-economics/
- **Source:** Mission: DeFi EP 98 - Can Akash be a major player in AI with their GPU market? Founder Greg Osuri (Mission: DeFi)
- **Watch at:** 00:31:58 — https://www.youtube.com/watch?v=ci_r_fOVT04&t=1918s
- **Canonical:** https://www.gregosuri.com/predictions/gpu-economics/2023-05-17-gpus-are-the-new-oil-d5ak/
- **Cite as:** Greg Osuri, "GPUs are the new oil," Mission: DeFi EP 98 - Can Akash be a major player in AI with their GPU market? Founder Greg Osuri (Mission: DeFi), 17 May 2023, 00:31:58. https://www.youtube.com/watch?v=ci_r_fOVT04&t=1918s

## Quote — verbatim

> I predict GPUs are the new oil. Whoever has GPUs \[wins\] the AI race. Ultimately OpenAI is better than the rest of the LLMs, arguably, because it has access to GPUs... models are open source, the data for the most part is open.

## Context — site annotation, not spoken

After describing hyperscalers' pre-commit contracts creating both scarcity and stranded idle GPUs — the two structural inefficiencies Akash's marketplace exploits. Caption garbles "wins the AI race" as "with the wrong the AI races."