02.03.21
Gemini version available ♊︎The Bubble of Outsourced Services Should Be Called Bubble Computing, Not Clown (or ‘Cloud’) Computing
Summary: The bubble of ‘clown computing’ (what we’ve chosen to call “the cloud”) is like many other bubbles, including old mainframes on which people paid “rents” and bought “computer time”; it’s a massive regression and it’s rarely profitable
THE outsourcing of hosting and hardware to surveillance companies has long been problematic. This past weekend I saw that firsthand as a very large British institution suffered many downtimes due to AWS issues. The head of AWS is leaving his position to become Amazon’s CEO (as the founder and CEO is stepping down) and Google meanwhile reports that its ‘AWS killer’ is an epic failure that burns money like nobody’s business. Just like Azure (Microsoft), which already lays off workers [1, 2, 3]. They confirmed this to us and former insiders told us that Azure is losing money. There’s even a formal complaint deposited at the SEC (about Microsoft defrauding shareholders).
“When will the bubble of clown computing finally burst?”All those bubbles, or the military-subsidised outsourced computing (to give the empire more control over people’s lives, businesses and sometimes medical records) is likely just a passing fad. More companies realise that they spend more money on hosting bills than they would otherwise spend buying their own hardware and paying for an Internet connection or datacentre space (the latter isn’t always required as the hardware can be in one’s own premises, with some redundancy built in across networks).
The video above discusses some of the latest news. When will the bubble of clown computing finally burst? How much losses will it take (at least at the client side)? █
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