Why Cloud Providers Are Hitting the "Innovation Wall" (youtube.com) he thinks. New releases are just repackaging, spinning it, not new stuff that can raise the value. Competing more on price. Everyone sorta selling the same stack. Storage, processing and AI as a service. They are able to compete for major accounts. Tech that's ‘special to us’ isn't really out there. Enterprises went all into cloud because it seemed an innovative direction. Market maturity, foundational problems already solved. Commoditization of the market. Defenders of the market share, not disrupters. Not risktaking. Focus on optimizing. Are we getting the innovative value we were promised 10 years ago?
Outsourcing infrastructure to a cloud provider. And they could then use supercomputers etc, but that might happen, so it was a mistaken invenstment. If customers are waiting for cloud companies to innovate, and they don't innovate, they're going to suffer, other companies/technologies will be innovating around that. Diminishing returns. People are pushing back on the high cost of cloud. Some companies had a very aggressive cloud strategy and are now pulling back on that.
Multicloud, formalized, shift from one to another provider if one doesn't do well. They're not telling the cloud providers, they're telling vloggers.