Four companies control the cloud — and that is scary
Unstoppable Cloud and Building a Decentralized Web with Greg Osuri (The Index Podcast)
“You actually end up spending a lot more money on the cloud than running a data center. And these cloud companies now have 81% market share. So if you imagine cloud is a fabric of society… Majority of this cloud is actually controlled by four companies. And that very thought is scary.” — 00:05:30
Context: The Akash origin story — enormous idle supply meets a cloud market “about to be a trillion dollar market,” with AWS alone valued over $500B.