Cloud computing is operated by an anti-competitive oligopoly, says Osuri

The cloud.

It’s a fabric that connects people in ways that were impossible just a few years ago — and we all pay for it.

“All of us pay a ‘cloud tax,’” Greg Osuri says. “We just don’t realize it.” According to Osuri, 50% of online subscription fees, for example, end up in the pockets of cloud providers.

On the 0xResearch podcast (Spotify/Apple), the founder and CEO of Overclock Labs and core contributor to Akash says that the cloud “keeps a modern society together.”

Cloud technology brings incredible value by enabling “amazing services for us and storing our data” but users have little to no control over this “invisible layer” of society, he says.


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