White-paper thesis vindicated: cloud is expensive long-term
Akash Analysis - The Return of the Datacenter (Akash Network)
“The cloud industry, which is about 500 billion dollars industry, is now starting to see cracks. Companies like Walmart are coming back from the cloud because they realize cloud over time is very very expensive — and this is something we wrote in our white paper… cloud only looks great on the short term but on the long term it’s actually very expensive, and people are now starting to realize that.” — 00:00:00
Context: Claims Akash’s 2018 white paper predicted cloud repatriation. Speaker: uncredited clip; likely Greg.