Oligopolies stop innovating — the cloud is next
Greg Osuri, CEO of Akash Network, Decentralized Cloud | Blockchain Interviews (Crypto Coin Show)
“Oligopolies tend to create products that are misaligned sometimes to the customer base, and they tend to create competitive moats that makes it prohibitive for new players to come and partake in what should be a competitive marketplace… cloud, if you think about it, is the fabric that runs the society.” — 00:02:09
Context: Comparing the big-four cloud to airlines and telecom — industries that “just stopped innovating” after consolidation.