Cloud is becoming a trillion-dollar oligopoly
"Akash Network Deep Dive: The Unstoppable Cloud, Powered by Cosmos!" (Cryptocito)
“You have this cloud basically getting consolidated into four companies — like Amazon, Google, Microsoft and Alibaba — all creating effectively an oligopoly… and that industry is growing at such a rapid pace I believe it’s going to be a trillion-dollar industry very very soon.” — 00:05:44
Context: Origin-story framing of the supply-demand mismatch Akash connects; he later argues oligopolies “don’t innovate — it’s all about value extraction” using airlines and cell carriers as examples (00:19:57), and cites companies paying ~20% of revenues to Amazon (00:21:22).