Does anyone control the cloud?

Could someone please clarify for me, does anyone have control over the cloud? I've heard it's a decentralized network, but I'm still unsure about who's really in charge. Is there a central authority overseeing operations, or is it truly a collective effort? I'm curious to know how the cloud maintains its stability and security without a single point of control. Is there a system in place to prevent misuse or abuse of the cloud's resources? I'd appreciate any insights you could provide on this topic.