# Chips are the new oil

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2023-06-10
- **Theme:** GPU Economics — https://www.gregosuri.com/predictions/gpu-economics/
- **Source:** ADRIAN STEWART Akash $AKT Interview Greg Osuri \#AI \#GPU \#AISupercloud ElonTrades Cosmos ATOM (Louisiana Swamp Rat)
- **Watch at:** 00:49:29 — https://www.youtube.com/watch?v=3AvWFwSfbaU&t=2969s
- **Canonical:** https://www.gregosuri.com/predictions/gpu-economics/2023-06-10-chips-are-the-new-oil-stwy/
- **Cite as:** Greg Osuri, "Chips are the new oil," ADRIAN STEWART Akash $AKT Interview Greg Osuri \#AI \#GPU \#AISupercloud ElonTrades Cosmos ATOM (Louisiana Swamp Rat), 10 Jun 2023, 00:49:29. https://www.youtube.com/watch?v=3AvWFwSfbaU&t=2969s

## Quote — verbatim

> Chips are the new oil, trust me — whoever has the chips has the power.

## Context — site annotation, not spoken

Recurring thesis; he says essentially the same at [00:32:56] ("that's the new oil... whoever has GPUs... have the power"). Everything from missiles to AI depends on chips.