# GPU scarcity is a coordination problem blockchains solve

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2024-06-14
- **Theme:** GPU Economics — https://www.gregosuri.com/predictions/gpu-economics/
- **Source:** Tech Snippets Today - Greg Osuri - Founder at Akash with Joseph Raczynski (Joseph Raczynski)
- **Watch at:** 00:02:10 — https://www.youtube.com/watch?v=NOmzt7mv3RM&t=130s
- **Canonical:** https://www.gregosuri.com/predictions/gpu-economics/2024-06-14-gpu-scarcity-is-a-coordination-problem-blockchains-yctq/
- **Cite as:** Greg Osuri, "GPU scarcity is a coordination problem blockchains solve," Tech Snippets Today - Greg Osuri - Founder at Akash with Joseph Raczynski (Joseph Raczynski), 14 Jun 2024, 00:02:10. https://www.youtube.com/watch?v=NOmzt7mv3RM&t=130s

## Quote — verbatim

> There's obvious crazy demand for these chips, but there \[is\] also just supply, and turns out the only problem is really coordination — and blockchains are phenomenal coordination networks. In doing so we created the world's first open source cloud.

## Context — site annotation, not spoken

After citing Nvidia demand, Elon Musk's "easier to get drugs than Nvidia chips" line, and hundreds of ML companies sitting on idle H100/A100 fleets.