Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Sunday, July 3, 2022

Is Cloud Computing Efficient As Oligopoly?

 


Cloud computing, the most promising market of our time is dominated by three major participants - Amazon AWS, Microsoft Azure and Google Cloud, part of the parent company Alphabet.

In short, it is way too dangerous and inefficient to leave the cloud to be an oligopoly.

Everybody is doing computing, computes and all computing will sooner, rather than later be done in the cloud.

I am a free marketeer, but here is where the US government mainly must get involved, as they did when they took apart Bell Labs, pushed aside IBM, pressed Gates's Microsoft and now are tackling Alphabet and Meta so as to foster competition.

GitLab and HashiCorp are interesting opens source git code repository and modular cloud offerings which are steps in the right direction to promote competition.

Sooner, rather than later many new promising cloud startups will sprout. The US government must make sure, however, that the technology giants, Amazon especially do not stifle the new entrants.

The free market, as introduced by Adam Smith will do the rest.


 


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