alt Hacker NewsOne aspect that seems to be missing is the abuse of the free credits provided for new companies by AWS, Azure, and other providers.
I know of a friend's company in India who purchased inference, at 4% of the actual price and states that it gave him an unbeatable competitive edge in their large running video influence pipelines. Any new competitors could not offer their pricing at all.
Primarily that operated because registering a new company getting free AWS credits was a very tiny cost
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I should have added that I ran my first startup in India for 8 years before moving to the states, that's why I have an insider view.
A bit like setting up a supermarket that just sells another competing supermarket's "free fruit for kids" fruit.
Video influence pipelines from India huh?
No wonder social media is so shit nowadays. All that brainwashing and propaganda from third world countries, now at 4% the price!
I was going to cover this in a follow-up article, but yeah, there are network of token brokers who buy unused credits from startups and then resell them.