I'm not sure if cloud has a valid value-proposition. The more I explore and build the more irrelevant it seems for the average developer. Besides price and performance being obvious concerns, it's also a platform. Working with it fundamentally ties your business to a set of products. Historically, this hasn't worked well for Internet businesses. Plus, all the benefits of cloud can be mirrored by traditional servers.

Self-serve infrastructure appears likely to become increasingly viable as we continue improving last mile delivery and expand fiber access. Will cloud become self-cannibalizing? Definitely maybe.