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But enclaves are worthless without attestation.

If the OS is evil and you don't do attestation, it can emulate SGX and run your code in a simulated enclave environment where EGETKEY returns keys that the OS knows about.

If the OS is not evil, you can use process isolation to generate and protect the keys.

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This is a pretty black-and-white view of things. A security technology does not need to solve all problems simultaneously to be of use. (But, you do need to do thorough analysis and be cognisant of the risks.)

Ignoring the cloud computing aspect of SGX, no amount of attestation can recover from your-OS-is-compromised-from-day-one scenario. The attestation is only as good as its verifier.

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