Comment You're Soaking In It (Score 1) 154
We've already see the model with the dawn of the smartphone. Everyone buys more and more cores with more and more storage and RAM to run the same apps they did ten years ago, some of it just to show your friends MyPhoneVersion = YourPhoneVersion + 1. And yet that more powerful hardware you keep upgrading isn't worth much for standalone uses. WiFi-only connectivity doesn't count because it's the same rechargeable 5% brick (I'm excluding standalone camera functions, for now, with 5%) without cloud services.
Bezos is half-right, both local resources and cloud being more in-demand are true. People will rely on cloud services but also rely on every-increasingly-expensive hardware that is needed to access those cloud services.
Local hardware resources will go up. Cloud usage will go up. Standalone usability of local hardware resources will go down.