The internet was born decentralized — the cloud reversed it
Akash Network Explained: Everything You Need To Know Before Investing by Founder Greg Osuri (Founder School)
“[Personal computing] created the internet on the foundation of decentralization, connecting these individual devices in a hive network, sharing intelligence and removing the need for a centralized coordinated system to communicate… historically, decentralization is what really spun the innovation and the accessibility that we have today. But eventually somehow the centralization came, with large hyperscalers… close to 70% of all the IT spend is spent by four companies.” — 00:02:15
Context: His mainframe → PC → internet → cloud re-centralization narrative; the 70% figure is at [00:02:59].