Thanks!
You make a valid point. A number of VPN providers for example use GCE/AWS/Softlayer to host their services. And these IPs do get reassigned. One of the ways we mitigate this is by limiting the age of IP addresses in our lists to a maximum of 30 days. If an IP address hasn't been reported to have been responsible for malicious behavior for a period of 30 days it shouldn't be in our lists.
We're also mulling adding an is_cloud_provider field to the threat response object.