Three companies controlling 80% of the cloud is feudalism
Akash Network - The Decentralized Compute Marketplace (The Crypto Conversation (Brave New Coin))
“It turns out there are three companies that control these computers, 80% of it, at least. Now, that, to me, is a little troublesome. Why? Because so much power in the hands of a few. You know, we had something like that. It was called feudalism, right? If you have so much power in the hands of a few, that few dictate the future of this public utility.” — 00:03:54
Context: Opening framing of why decentralized cloud matters; “cloud is just someone else’s computer.”