Other
8 statements · 2018–2018
Cloud talent shortage lags enormous market growth
Greg Osuri New (Digital Summit)
“As an active member in the space, I can tell you firsthand there is a massive shortage in the talent that hasn’t quite caught up with the increasing demand created by the enormous growth in the cloud infrastructure market.” — Greg Osuri, 00:00:01
Context: Endorsing the AP Cloud talent initiative; captions render several words imperfectly (“town-ho” for talent) — wording reconstructed minimally.
Data processed doubles every two years
Cloud Mobility with Legendary Developer Greg Osuri, Founder and CEO of Overclock Labs (The Silicon Valley Insider Show)
“The data, amount of data we process is doubling every two years. So that’s when we’re like looking at solving this problem. And we discovered there’s a lot of latent capacity lying around.” — Greg Osuri, 00:06:47
Context: His explanation for why compute cost/speed pressure keeps growing despite hardware advances; used to justify the latent-capacity marketplace.
Legislation first — then the US is a cradle of innovation
Panel: Decentralized Storage (Block 2thefuture)
“I like to see regulation, legislation — in fact regulators can’t do anything without legislation… I testified in front of assembly two days ago on the first blockchain law ever introduced in state of California. I really like to see some legislation around blockchain and this new economy — it’s very very important. That’s my number one priority, because if you get that out of the way, I think US is a cradle of innovation.” — Greg Osuri, 00:15:11
Context: His one-year wish list, followed by wanting highly scalable/high-performance storage systems and better usability.
Bitcoin is the ultimate store of value — better than gold
S1E2 - Greg Osuri (CryptoChange.News)
“Bitcoin today is ultimate store of value, better than gold. It’s just easier. And government doesn’t have control on it… Bitcoin is the last crypto that will run out of business if crypto dies.” — Greg Osuri, 00:20:40
Context: Reporting Middle East capital flight after the Saudi purge; he says he was approached about selling a 200,000 BTC (~$1.8B) OTC block and predicts hidden OTC volume means “someday the supply dries up, and that’s going to drive the retail price up” (00:21:22, with an explicit not-investment-advice disclaimer).
US legislative clarity on crypto is about two years away (~2020)
S1E2 - Greg Osuri (CryptoChange.News)
“My bet would be at least two years by the time we see [legislative understanding]… evidence being the kind of bills that are being introduced… about 18 new legislations being introduced in different states now… these states are moving faster than the feds.” — Greg Osuri, 00:49:55
Context: After describing his California Assembly testimony on the state’s first blockchain bill and the four-agencies problem (SEC/CFTC/IRS/FinCEN each defining crypto differently, 00:30:07); he cites Wyoming’s utility-token bill and Coin Center’s work (quote spans into the 00:50:38 block).
Market sizing Akash's beachhead use cases
"Crypto Stories: A Primer on Distributed Computing with Dani Grant, Dan Desjardins, Chandler Song, and Greg Osuri" (Village Global's Venture Stories)
“Which is not a small market. It’s about $10 billion market. And then we moved on to CI CD [pipelines], which is about $30 billion market. And machine learning workloads is about $60 billion market. So that’s how we’re looking at go to market.” — Greg Osuri, 00:11:49
Context: Performance testing → CI/CD → ML workloads as sequential beachheads, explicitly modeled on AWS’s 2007 low-friction S3 entry. Notable that ML workloads were already the target end-market in 2018.
Ethereum memory costs $13,000/MB — monolithic chains can't scale
E04 - Decentralizing the Cloud with Greg Osuri (HackerNoon)
“Ethereum — it costs about $13,000 to get one megabyte of memory… and you look at EOS, which is supposedly the modern Ethereum killer — it costs about twenty-five hundred dollars per megabyte of memory… we’re talking about floppy disks costing $2,500… the problem happens to be they all adopt a monolithic, homogeneous architecture with an assumption that all the applications have the same exact needs.” — Greg Osuri, 00:07:59
Context: Why existing decentralized platforms couldn’t host real applications; Akash’s answer is decoupling bandwidth, memory, CPU and storage and provisioning them independently. Quote begins at the end of the [00:07:13] block.
Serverless adoption will be like cars vs. trucks
Serverless Panel: Komal Mangtani, Greg Osuri, Guillermo Rauch, Gwen Shapira (Kong)
“Any brand-new cloud provider, the first choice is serverless… a whole new generation of programmers that don’t really care about deploying a server… we’re gonna see more and more serverless adoption. Now will there be a scenario where everything [is serverless]? It’s gonna be like trucks and cars — there will be people that are still going to drive trucks, but that number is gonna be so minimal compared to the car drivers.” — Unknown, 00:14:41
Context: On whether serverless replaces all architectures. Speaker: likely Greg (agreeing with Gwen Shapira, referencing new cloud providers), but captions are not diarized — possibly not Greg.