20% of AI companies' margins go to Amazon
Future of Web 3 and the Battle for Data Sovereignty with Greg Osuri, CEO of Akash Networks (Orchid Labs)
“A16z wrote an article recently that basically said 20% of margins for AI companies goes to Amazon. So it is so big that it is actually hurting their viability to exist as a business. It’s no longer a secondary cost, it is a primary cost, sometimes much more than payroll… I’m particularly excited about AI workloads.” — 00:09:55
Context: Setting up his AI-as-the-future-workload thesis; the attribution to the article’s author is trimmed from garbled captions (“recent wrote a article”).