while google cloud as a whole i dont see going away, individual products within it(like iot core) are gonna always be up for the chopping block
Source on this?
Also, Amazon was just an eCommerce store before AWS.
"Google Cloud still operating at a loss despite revenue, client wins" (https://www.ciodive.com/news/google-cloud-revenue-Q2-2022/62...). Their revenue increased but so did their losses by about the same percentage. They are still 14% behind Microsoft's marketshare. They are leaning into a niche of "data, analytics, security", which is so broad that it won't take much for their competitors with much larger market share to eat their lunch.
A year ago they said they'd be profitable by this time. A year before that they said the same thing.
It's kind of sad. All that technology and nobody wants them, like a nerd without a date.