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They didn't say IoT is a hobbyist business. They said no serious company in their right mind would use a Google IoT product, so the only market they have is the hobbyists who aren't deterred by the fact that Google only keeps these services around for a couple of years before shutting down.

Yes, correct. I probably could have phrased that more clearly. Sorry. :-(

Yeah, I misread that. Thanks.

I think the parent comment was saying that Google cloud is for hobbyist because no one in their right mind will build a business that depends on Google cloud offerings.

I think he's saying sane businesses will stay away from GCP, leaving the hobbyists, and there aren't enough of them to sustain GCP.

Not just GCP.