# Akash is the first viable open cloud vs. the oligopoly

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2022-08-18
- **Theme:** Cloud Decentralization — https://www.gregosuri.com/predictions/cloud-decentralization/
- **Source:** Akash Weekly - August 17th 2022 (Akash Network)
- **Watch at:** 00:42:02 — https://www.youtube.com/watch?v=YjZFaKHqVqQ&t=2522s
- **Canonical:** https://www.gregosuri.com/predictions/cloud-decentralization/2022-08-18-akash-is-the-first-viable-open-cloud-vs-the-oligop-nyuo/
- **Cite as:** Greg Osuri, "Akash is the first viable open cloud vs. the oligopoly," Akash Weekly - August 17th 2022 (Akash Network), 18 Aug 2022, 00:42:02. https://www.youtube.com/watch?v=YjZFaKHqVqQ&t=2522s

## Quote — verbatim

> 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.

## Context — site annotation, not spoken

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).