Is the hardware market being overbuilt?

A16z is assembling thousands of GPUs to rent back to startups through a project named Oxygen. In

episode 1977, Jason notes that this idea was pioneered by Daniel Gross of Pioneer Labs, which

gamified startup launches for rapid product iteration.

Jason predicts we will see an overbuilt tech industry, similar to past fiber, server, and storage build

outs. This means more competition and open-source software reducing the need for clusters, leading

to increased efficiency.

While Nvidia is strong, the hardware push might become irrelevant in 2 to 5 years