Illia Polosukhin

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414 appearances 3 recordings 1 series first heard Jul 2026 last heard 4d ago

Illia Polosukhin’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 3 in all, peaking in Sep 2026 with 1.

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Bankless · NEAR’s New Token Utility and AI Economy | Illia Polosukhin · 11 Aug 2026 podcast

And oil.

So there the compute is yeah indeed a very different market from ever anything else we've we we have.

It has properties of oil, meaning like there's you know million different qual qualities that matter.

And then it also has

property of electricity because you cannot store it, right?

Like you oil you can store, you can have it in a tanker, you can, you know, have it in in some pipelines, etcetera.

Compute you need to consume now, right?

Right.

It's, you know, maybe you can like de energize it so at least it doesn't cost as much.

But generally like you wanna sell it all the time.

And so that's why there's like massive contra like multi year contracts usually that

are being done to because like it's just so hard to otherwise

like settle this market right now.

And so I think again, blockchain here is is in a unique position to do this, but it needs to be done in a very intelligent way.

And you know, maybe we'll do another episode on on how we're approaching this.

But I think yeah, we have an opportunity to actually offer something where, you know, you can have kind of an abstraction to you can easily trade and at the same time you can have all the details and you can actually get the delivery right.

You can actually get the compute because it's digital and you can get the actual inference or actual, you know, SSH into a GPU to to get your compute done and it's all done, you know.

verifiably kind of even non custodially in many cases from the marketplace perspective.

I mean uh just the TLDR is like we're using intense, right?

That intense is a great abstraction for for those general markets where you don't actually know like you have you as a as a buyer or seller, as a buyer, let's just say, you have the kind of rough boundaries of what you want, right?

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