The invisible Amazon tax on modern society
Most UNDERRATED Cosmos GEM? Akash Network Deep Dive with Greg Osuri! (Cryptocito)
“Half of every dollar we pay to online services like Netflix and Asana goes to a cloud provider, either Amazon, Google or Microsoft. 80% of that market is controlled by four companies… we pay an invisible Amazon tax. When Amazon goes down, half the internet goes down — that’s how powerful it is.” — 00:17:14
Context: He continues: “these companies are not elected, they’re not regulated, they’re not governed by the people, they’re completely controlled by their figureheads” — the civic argument for an open cloud.