Akash is the first viable open cloud vs. the oligopoly
Akash Weekly - August 17th 2022 (Akash Network)
“Akash Network is the first viable open cloud. So cloud computing today, the infrastructure side of things, is essentially controlled by few closed companies — Amazon, Microsoft, Alibaba and Google being the majority stakeholders… Akash is the first viable attempt to decentralizing this oligopolized closed system called cloud computing.” — 00:42:02
Context: AMA answer on what problem Akash solves; he adds it is a non-custodial system “97% cheaper than the cloud” (in the [00:42:46] block).