I think many of the people here saw this coming. Moving data onto someone else's iron is not cheaper, and maintaining it is more expensive and subject to glitching and outages. There's no substitute for physical access, despite all the provider assurances. There's also no substitute for being 50 ft from the kill switch. There are use-cases for cloud services, but they are not as common as hype was indicating. Very few businesses benefit from a remote deployment, and nearly everyone here saw that coming.
Turns out "cloud" is a marketing term. The idea has been around at least since "Thin Client" was a marketing term. I was confused by the term because I was around for "frame relay clouds," and it sure wasn't that.
So think of this: You think this is disappointing to the PHBs? Just wait until they get a load of how deflating "AI" is going to be. Hollywood execs thinking it'll write scripts. Lawyers thinking it'll be better than copy/pasting boilerplate. It won't.
The only application I've seen for AI is when MLM medical diagnostic systems can, for example, detect an arterial blockage that will cause a heart attack in the next 10 years that human doctors can't see. MLM is cool. That's going to revolutionize care.
But that's not LLM. LLM is getting all the hype rn. LLM is predictive text with an enormous database and a natural language prompt, AFAICS. Anyone else got a better description?
Dall-E 3 is pretty cool, but lifeless. It's good for quick and unique stock, but not artistry.
The idea that AI is going to save these cloud investments feels pretty laughable to me. It will in the short term, then everyone will catch on to the AI scam as it doesn't pan out. Hell, all this AI hype may be a way to keep cloud investments from incurring massive losses by finding a cloud application that people will buy into. I'd pull my money out of cloud providers other than file services pdq, if I had any in them. This is a house of cards.