People: "I don't understand how come software people earn so much money". Software industry scaling capabilities: Me neither

@jon-unicorn-doxxer

4 жыл бұрын

One of the reasons I start learning to code...

@JohnSmith-is6ns

4 жыл бұрын

they dont you have webdesign starting from 5$, nobody wane pay more than 30k for top 20y experiance etc you living in tv world m8, look around you have generation so stupid that they think that they are developers because they used wordpress, wake up dude, all the best

@innamanjoubert9881

3 жыл бұрын

@@JohnSmith-is6ns They don't understand privacy laws either and love to share personal info that include diagrams of your grandma's warts that scaled up since she started on social media 10 years ago but is now clasiffied as a activist.

@dandara008

3 жыл бұрын

@@jon-unicorn-doxxer Hey bro all we need in this era is coding with large circle.. /community of cod ppl

there is just one thing I don't like.... Public services who relies on private cloud computing and also the fact that since it's a game where the bigger sharks win, we could have issues giving all the data to just few hegemonic players.

@reardelt

4 жыл бұрын

Better than having no cloud computing at all.

@dom2555

4 жыл бұрын

@@reardelt well... not sure, the problem is that institutions are not keeping the pace and are not staying relevant in the digital age, other issues will arrive with AI, Digital Currencies and other innovations.

@reardelt

4 жыл бұрын

@@dom2555 its the same with all countries. Atleast USA is the only country in the world other than china that is getting revenue by selling cloud computing all over the world.

@dom2555

4 жыл бұрын

@@reardelt countries don't do anything, those are private companies, USA is not making much, big companies either don't pay taxes or they pay a little bit in countries like ireland, other than X thousand workers (mostly immigrants or in other countries because cheaper workers), their are not contribuiting at all to the welfare of the country, they just think about their profit.

@reardelt

4 жыл бұрын

@@dom2555 profit is good. Thats how the employees are paid. If there is no profit, then the company goes bankrupt and all the employees lose their jobs

Cloud networks are awesome, device's through higher transfer speeds, can achieve more higher computions collectively. In which from cloud server's, then by it's own initial device's hardware.

1:30 you failed to incorporate the offsetting increase in cloud computing spending.

@klugshicer

4 жыл бұрын

Thought the same.

Facebook and NSA you say? Not sure which is worse.

@iTuber012

4 жыл бұрын

The same thing?

@relikvija

4 жыл бұрын

Rob Potato add google and Amazon

it amazes me that it automates the scaling of your IT infra in a single click of a button now im now more curious how they did that

Because data is the new oil for tech world

@TeaMHackeRPiratE

4 жыл бұрын

So you from india?

@rishavchatterjee8713

4 жыл бұрын

@@TeaMHackeRPiratE seriously what does make you ask that

@olivers-g4021

4 жыл бұрын

Yang Gang?

@TeaMHackeRPiratE

4 жыл бұрын

@@rishavchatterjee8713 ambani said this quote "data is new oil"

@TeaMHackeRPiratE

4 жыл бұрын

@@rishavchatterjee8713 so i just asked to know

Help more SMEs Economy +++++++++++++++++++++

why JEDI ?

Can the cloud protect it self from an EMP.

This sounds like Nilay from the verge

I don't know how to square the 225 billion USD cloud market size at 4:15, and the pie chart at 3:44 showing AWS having almost half the market, with Amazon's AWS revenue being around 26 billion USD for the first 3 quarters of 2019.

@MatthewStinar

4 жыл бұрын

I'm assuming that's $225 billion annually, or an average of $56.25 billion quarterly. Amazon's $26 billion would be 46% of that, which would closely mirror the pie chart we saw.

@posteroonie

4 жыл бұрын

@@MatthewStinar Amazon Web Services did 26 billion USD total for the first 3 quarters of 2019, heading towards a $36 billion year.

@MatthewStinar

4 жыл бұрын

@@posteroonie Sorry I misread. I thought you meant Q3.

@user-ts3te7jb9f

4 жыл бұрын

@@MatthewStinar !,

@user-ts3te7jb9f

4 жыл бұрын

@@MatthewStinar ,

Work on subtitles.

Safety and privacy aware companies, on the other side need just an easier way to maintain servers internally. Outsourcing everything to private corporations that serve $s instead of people, in the long run, is going to create the same infrastructure problems that USA has having with roads, just to name one. A conflict or non-alignement of interests is and will be at the core of this inevitable issue.

@trogdorstrngbd

4 жыл бұрын

Can you explain the analogy a bit more?

@kfcthanksgiving

4 жыл бұрын

Yeah, I’m not quite sure I follow you either

@studyproductivity972

Жыл бұрын

Do you have any idea how much Data modern AI or Data Science Based Startup uses? I would take millions of dollars just to take care of servers

3yrs later AWS is still the king

good explanation . Will cloud be replaced in 20-30 years ?

@DaddyGranger69

3 ай бұрын

i can tell you did not learn it before commenting this

1:10 #ad

The cloud computing industry could be at risk though because these cloud providers have failed to properly secure the data. They need to implement solutions to offer the customer to encrypt their data before it is sent to the cloud. That way it is guaranteed to not be at risk.

@trogdorstrngbd

4 жыл бұрын

This is already possible / they already do that. This is no problem if you just want cloud storage, but obviously they have to decrypt your data if you want them to do computations on it.

@xgoosey

4 жыл бұрын

Security is the number 1 problem with quantum computers as well, wonder how they are going to keep a password secure from trillions of calculations per second and machine learning

@jaymusu

4 жыл бұрын

Christopher N This is a misconception on how cloud works. Most cloud service providers offer data store services like for example AWS S3. S3 has encryption at rest and in transit and also has the additional option of using dedicated hardware encryption via HSM. There are also Bucket Control Policies which the customer can enforce to restrict access. It is up to the customer to properly implement and secure the data. Cloud providers just give you the tools. If there is a data leak the person you blame is the customer not the cloud service provider. If a person runs a red light and crashes into ongoing traffic it's the drivers fault. Not the car manufacturer.

@joshn2342323

4 жыл бұрын

@@jaymusu google "capital one hacked". They were using amazon web services and the hacker got access to their data vault. So much for encryption. That's what I am talking about. It isn't secure even if they say it is "encrypted".

@jaymusu

4 жыл бұрын

@@joshn2342323 If you actually studied that hack you would know that one of the main contributors of it was a misconfigured open-source WAF called ModSecurity hosted in AWS. The misconfigured WAF allowed the intruder to trick the firewall into relaying requests to a key back-end resource. For whatever reason CapitalOne didn't fully practice least privilege and assigned to many permissions to that WAF. This lead to a SSRF attack. If they properly configured the WAF it would have mitigated this attack. You could argue should cloud providers like AWS provide SSRF attack mitigation however at the end of the day the root cause was a misconfigured WAF. AWS has a "Shared Responsibility Model". Customer has responsibility for Security IN the cloud and AWS has the responsibility of Security OF the cloud. It's understandable if you aren't well versed in the tech Industry or in security but if you plan on citing a hack first research it before presenting it.

In the words of Ronny Chieng : " Facebook wants your Data"

@samsonsoturian6013

3 жыл бұрын

That's actually not the same thing.

Decentralized cloud computing is the future. Make more sense the public would benefit more if they perform the due diligence vs the big tech companies. # Sia

@RoganPlant

3 жыл бұрын

decentralized cloud data exists right now

@RoganPlant

3 жыл бұрын

*cloud storage

Boa tarde!

This article seems to be missing one of the biggest key components in cloud computing...and that's the infrastructure that connects these clouds through global networks. There's Tata Communications that owns about 30% of the world's fibre backbone and connects most of these data centers via their 15 Tbps Tier 1 network. Without that network infrastructure, these clouds are completely disconnected and useless.

@alexanderleo6809

4 жыл бұрын

Avron Fernandes you said a lot but care to elaborate?

@aviefern

4 жыл бұрын

@@alexanderleo6809, well I'm not an expert on cloud by any means, but I'll try my best. The companies mentioned here are partially in the business of actually owning / running data centers, but are more invested in selling personal and enterprise services hosted at those data centers. In order for the "cloud" as a functioning concept to exist, customers need fast, reliable, secure access to their data hosted in these centers. Without that access, the cloud becomes unusable. You wouldn't run your business on a cloud of you didn't have fast, reliable, secure access to it. There are only a handful of companies that maintain and operate the hundreds of undersea and overland fiber cable networks that connect almost all the world's data centers and clouds. These are huge earth spanning fiber cable networks that are an enormous task to maintain and are the backbone on which the internet runs. One of the largest players in that space is Tata Communications. They own 30% of the world's fiber capacity and about 30% of all internet traffic in the world flows through their networks.

@mdtaylor2274

4 жыл бұрын

@@aviefern and don't forget the biggest players like Brocade and Cisco. You have a very good point though about the networking side.

@aviefern

4 жыл бұрын

@@mdtaylor2274, yeah Cisco is massive in the networking hardware space, but they don't actually own and operate much of the fiber backbone. The main players are Verizon, CenturyLink, & AT&T that are mostly US focused, NTT which is mostly Japan (East Asia) focused, BT in the UK (Europe) market, Vodafone which has a strong European presence, and Tata Communications which have a global presence.

@mdtaylor2274

4 жыл бұрын

@@aviefern ah got it. So basically the major ISP's are the fiber owners right? Like Portugal would be Portuguese Telecom for example. And does Tata supply the optics only, or do they work with the partners like Cisco to distribute the networking?

We are living in information war era.

AWS is still way ahead of everybody else. 60% of the growth rate for MS is confusing as we are talking about much smaller absolute numbers.

@springbok4015

4 жыл бұрын

I wouldn’t use AWS as a matter of principle. Azure is my preference.

@bay876

4 жыл бұрын

They will lose more customers eventually because they compete and enter so many different businesses

@TeaMHackeRPiratE

4 жыл бұрын

@@springbok4015 ms like father Aws like a child

@nadeemshaikh7863

4 жыл бұрын

@@springbok4015 Why?

@springbok4015

4 жыл бұрын

@@nadeemshaikh7863 Amazon and Jeff Bezos pay little to no tax. They're one of the worst environmentally friendly companies. They treat their employees like trash and their transparency when it comes to privacy leaves a lot to be desired.

tech battels are going everywhere in countries..

The business is over the cloud

No hay nada como almacenar discos duros XD

Hope #Dfinity disrupts this space.

Nothing exposes sensitive information like cloud computer storage and hypervisors.Very bad idea indeed only promoted by IT technicians who have no other means of employment and have all become intoxicated with a form of ransomware and computing architecture.No more "click bait" instead it's "click and we dictate fees and excarebate benefits while you fail an actual checkup on your prostate".

It is good but vulnerable

AWS is still the market leader and is going to remain so for the foreseeable future because it is innovating at a rapid pace and caters to businesses of all sizes. Today it has more than 150 services and a wide geographical reach. AWS offers a strong value proposition to even small companies which can get started by purchasing a domain name from Amazon Route 53, host a Wordpress website on Amazon Lightsail and use Amazon Workmail for their business email needs. Once the enterprise market gets saturated the cloud battleground is going to shift to the SME space where AWS offers a strong value proposition too.

@kfcthanksgiving

4 жыл бұрын

Although Azure does have the added benefit of not harvesting your data on their servers to improve their own business. So big companies who don’t want Amazon to cannibalize their sector will prefer Azure over AWS

@kfcthanksgiving

4 жыл бұрын

If that makes sense. I know it’s a differentiating factor but I can’t speak to what magnitude it is

@rupamkundu3574

4 жыл бұрын

AWS follows stringent data security and privacy protocols. It would be wrong to assume that Microsoft does it significantly better. Having said that there is room for both to grow as the industry is booming.

@kfcthanksgiving

4 жыл бұрын

Rupam Kundu I suppose. From some articles I’ve read, though, this is the way Microsoft is marketing itself.

@kfcthanksgiving

4 жыл бұрын

Rupam Kundu It was in a Businessweek article, but I can’t seem to find anything about it online

having to rely on cloud is like the money you see on your account in a cashless society.

The biggest vulnerability to AWS is it's vast list of services. Going through picking the right one is a headache. Azure along with OF365 is just simple and a no-brainer.

Quite bullish on this space. Investing in Amazon, Alibaba and googl.

We provide cloud computing for your cloud computing needs.

Eggs in one basket...??

what about the security of the data

@ulrichleukam1068

4 жыл бұрын

it is protected by the NSA

RLC I exec crypto partnered with the biggest companies in the world amazon, google, microsoft, Ibm, Intel Nivida & ALibaba Cloud computing market place for the blockchain..

Is this an advertisement piece? How about giving the subject a more balanced coverage WSJ? Like talking about all the privacy and security problems that came with moving everything into the cloud. Like talking about how cloud storage had a surge and bubble burst back some years ago. Like how several of the high profile leaks that happened putting out the private data of millions of americans out in the open were about misused and badly configured cloud computing usage? How hacking groups are monitoring daily services provided by the likes of AWS because you will often find unencrypted badly configured databases there for the taking?

@GameFuMaster

4 жыл бұрын

that's a problem with the creator not the cloud host? It would literally be no different from you hosting your own website/database on your own computer with poor password protection

This is impactful material. I read a book with corresponding insights that was monumental. "AWS Unleashed: Mastering Amazon Web Services for Software Engineers" by Harrison Quill

🤗

How many people are in the cloud try Marshalls,military and thousands of civilians ............

Spoiler: Decentralised platforms win.

I propose space computing. Place the entire data center in geo synchronous orbit. No real estate cost, no electricity cost, no safety and security cost....

@kirby9514

4 жыл бұрын

Safety and security?

@whykoks

4 жыл бұрын

@@kirby9514 yes I meant resources needed for physical security of the data center

@GameFuMaster

4 жыл бұрын

so every time we need to add more servers, we just need launch more rockets into space? not to mention that everything is going to be wireless then?

@whykoks

4 жыл бұрын

@@GameFuMaster not just one or few servers. Cost analysis will suggest the number of servers worth transporting everytime. Any problem with wireless communication? All satellites any way communicate over wireless channel.

@GameFuMaster

4 жыл бұрын

@@whykoks yes, but they tend to be slow. We're still using cables for a good reason.

when the servers shut down?

@Slash27015

4 жыл бұрын

The beauty of cloud computing is that depending on the setup a lot of it can go offline while the system stays online. The problem per say is if the hosting company goes out of business, usually you get a date to clean out i.e. "remove files within 30 days before we go offline"

@gus473

4 жыл бұрын

@@Slash27015 "per se" -- it's Latin....!

Very good choice Elite Collaboration which I will support I rather Microsoft Lead Cloud Computing instead of Google & Amazon & alibaba FORGET ABOUT iT!! No thank u I’ll take Microsoft Azure Anyday & only Microsoft Azure

I hate cloudy weather

Alibaba? Good luck with that. I am sure lots of companies CTO will sleep well with their data in the Chinese company's server.

@masonyao8439

4 жыл бұрын

so true lol

@undercovercia

4 жыл бұрын

Sure Chinese firms would...and it would grow equivalent with usa

@mshara1

3 жыл бұрын

Amazon? Good luck with that. I am sure lots of companies CTO will sleep well with their retail data being mined for the Amazon Store.

@Wsj - laugh out loud bad reporting. That BoA article was about how much they saved by NOT leveraging the public cloud

Cloud computing = “storing all your data” , meaning zero privacy.

Imagine the waste drives if there was a blockchain memory system. Then imagine how much you'd actually have in revenue if said this to investors, we'll think about waste later, also they'll say, say again how we suck the pockets of the worker dry even if get secure data as the concequence.. We all see the problem but balance is owning early stages and the earlier you make a system work for rich, fair or not fair, the longer it'll survive for them

Cloud eats out the jobs too....

@SameerKhan-ht4mx

4 жыл бұрын

And creates jobs as well

@TheFourthWinchester

4 жыл бұрын

@@SameerKhan-ht4mx Removing 1000 jobs and creating 1 job in its place doesn't count.

@sumirjanwani

4 жыл бұрын

You cannot deny technology on the basis of loss of jobs. Evolve or Perish.

@trusttheprocess4775

4 жыл бұрын

@@sumirjanwani very true

Cloud computing is great for those whom would rather pay a flatrate of their profits than invest in infastructure themselves, the middle-class startup business. If however you want anything serious, and depending on local laws wanting something legal, just get your own cloud going - you can pickup second hand servers for $100 each and coding is minimum today.

@falconeagle3655

4 жыл бұрын

You have no idea what you are taking about. It's not the installation cost. It's the maintenance and security costs that matters.

@DerHirni

4 жыл бұрын

Suggesting any company to "pickup second hand servers for $100 each" is absolutely ridiculous. I seems you also didn't get the concept of cloud computing. You DON'T pay a flatrate. You pay EXACTLY what you use. That's one of the major selling points of Cloud Computing.

This doesnot explain cloud computing It advertises it only Big dislike