It wouldn’t be exactly the same, because if you had all that mining capacity and 99% magically took a holiday, there is now enough mining power to take over the network anytime. It’s not secure.

Same with AI. Now that the Mythos and other models are finding exploits in every code base and anyone can run them, you can’t afford anymore not to keep burning credits securing your code base. It’s like proof of work red queen theory. You have to run faster and faster just to stay in place. Great business model.