Chips are the new oil
Greg Osuri, Founder and CEO of Akash Network (Proof of Coverage)
“Ultimately, every AI needs chips, right? Ultimately, without chips, AI cannot evolve. Chips are the new oil, right? Whoever has the chips has essentially the control of the world, right? So access to these chips to be decentralized is extremely critical. And that’s what Akash is working on.” — 00:29:03
Context: The capstone of his crypto-and-AI section; he warns of a “feudalistic world where people that control the chips will eventually have AGI and they’ll control the world” ([00:29:49]).