Cutting the cloud middleman removes Amazon's ~43% margin
"[Panel] “Decentralized Computing as a Business”" (Kryptoplanet[Official])
“To specifically address a question about the $600 billion hole: if you think about it, Amazon makes about 43% margin on compute on average. So if you remove Amazon, you remove 43% at least.” — 00:12:17
Context: Responding to the moderator’s question of how decentralized compute shrinks Sequoia’s $600B AI expenditure hole.