This could allow us to build a universal distributed network of compute resources and a real-time auction system that allows agents to bid for time on. No need

This could allow us to build a universal distributed network of compute resources and a real-time auction system that allows agents to bid for time on. No need to worry that the hardware owners are snooping on your computation. Of course, economics rarely favor distributed networks, and and the "no need to worry" is really just "diminished need to worry", but it's an interesting thought nevertheless.