Half of every cloud-service dollar goes to the big clouds
Akash Analysis - Why decentralization is important (Akash Network)
“50 [percent] on average of the costs, all the margins, actually goes to the big cloud providers. It’s incredible — half of every dollar we pay to cloud services, all of us, goes to Uncle Jeff… the invisible rent seeker that we all don’t realize.” — 00:00:46
Context: Citing a16z’s “cost of cloud” post; his recurring “Amazon tax” argument for why decentralizing cloud lowers costs economy-wide. Speaker: uncredited clip; likely Greg.