3 ms·
An interesting development as cloud services become increasingly more important (if they aren't critical already for businesses looking to get big) would be clo
by goofy_goober 3y ago
An interesting development as cloud services become increasingly more important (if they aren't critical already for businesses looking to get big) would be cloud services providers structured as mutual companies, like we see in some insurance and financial services companies (Vanguard, State Farm, etc).
This would create a fiduciary duty to not soak the customer for everything they've got (no more sky-high public internet egress charges!), but also a structure where the customers of the company are the company's legal owners, so both workers and external customers could technically own a piece of the means of production if they use the services for their hobby projects or business.
I would not be surprised if this comes to exist in the future as people want downward pressure on public cloud prices, and it would be an interesting development seeing legal ownership of "the means of production" (public cloud infrastructure) and earnings from it titled to anyone who uses it.