Data is doubling every two years but the cloud isn't keeping up
S1E2 - Greg Osuri (CryptoChange.News)
“What’s happening today is the price is increasing because the amount of data we are processing is doubling every two years… by 2020, we’ll have 44 trillion gigabytes or something like that… that’s more than the stars in the known universe… But the cloud is not catching up. The infrastructure side of things are not catching up. And increasingly, the entire industry is becoming an oligopoly controlled by three major companies.” — 00:04:51
Context: Answering why cheap compute is his mission; the 44-zettabyte-by-2020 figure comes from IDC’s data-growth forecasts of the era.