Explore the revolutionary impact of RISC-V on hardware design in this keynote address from the Linux Foundation. Delve into current chip design economics, discover the free and open RISC-V instruction set architecture, and learn how RISC-V, open-source hardware, and SiFive are transforming the landscape for the next billion chips in IoT, edge computing, machine learning, and artificial intelligence applications. Gain insights from Yunsup Lee, Co-Founder and CTO of SiFive, as he discusses custom chips, open source principles, and the Freedom Everywhere initiative. Examine performance and power comparisons, explore the Freedom Unleashed platform, and understand the potential of RISC-V in democratizing chip design. Conclude with a look at hackathons and support systems driving innovation in this rapidly evolving field.