Four companies control 80% of a market headed to $1 trillion
Blockchain & Cloud Computing - Akash Network W/ Greg Osuri (Arcane Bear)
“Four companies essentially control 80 percent of the marketplace, and in the process they became rent seekers… an industry today is about 390 billion dollars and which is projected to be a trillion dollars very soon — majority of that is controlled by four companies.” — 00:07:06
Context: His web 2.0 critique: over-capitalization made clouds “the center fabric of our society” run by rent-seeking oligopolists (“MAGA”: Microsoft, Alibaba, Google, Amazon).