The cloud computing market faces challenges such as opaque pricing, a lack of confidentiality, and monopolistic control. Despite these issues, cloud computing is widely adopted, with about 90% of organizations relying on it, increasingly moving from on-premise solutions to cloud services. The discussion touches upon the limitations of Moore's Law in the modern context. Initially predicting the exponential increase in computing power over time, Moore's Law now confronts physical limitations like the speed of light and quantum precision. As a result, the focus has shifted from mere performance enhancement to energy efficiency, encapsulated in the Performance-Per-Watt metric.

This talk highlights the critical role of mobile chips in transforming the cloud computing landscape, where novel ARM64-based Systems-on-a-Chip (SoCs) are highlighted for their specialized cores and high energy efficiency, offering a more cost-effective solution than traditional server hardware. One example of driving forward this revolution is Acurast, pioneering the use of a decentralized network of mobile devices. Further, this talk outlines an architecture and mechanisms in a way forward to operate a fully decentralized and serverless cloud, all orchestrated by a blockchain consensus mechanism.