Oasis is an AI model that generates Minecraft-like gameplay using only images, developed by Decart and Etched. It is described as the world's first real-time AI world model, dynamically constructing gameplay based on user input and visual data, processing commands and generating frames at approximately 20 frames per second. The AI architecture combines Vision Transformer technology with a diffusion model, allowing for frame generation in about 0.04 seconds on a single NVIDIA H100 GPU. However, the gameplay experience is low-resolution and glitchy, with issues related to object permanence and unexpected environmental shifts. The technology could transform the gaming industry by enabling rapid game development and real-time adaptation to player preferences, while also raising concerns about copyright and creative ownership. As the technology evolves, improvements in resolution, frame rates, and game complexity are anticipated.