Half of SaaS margins go to Amazon
Blockchain & Cloud Computing - Akash Network W/ Greg Osuri (Arcane Bear)
“Machine learning is so expensive that if you look at any S1 filings from web 2 companies like Snowflake or whatnot, there’s a strong indication that 50 percent or so of margins actually go to pay Amazon bills.” — 00:29:07
Context: Why machine learning is the enterprise use case Akash targets first; even 10-20% savings is material for public companies.