I've managed both data centers and cloud and IMHO, no, it is not fluff. To take it in order:
> doesn't have security issues
It sure does, but the matrix of responsibility is very different when it is a hosted service. Note: I am making these comments about Bedrock, which is serverless not in relation to EC2.
> It crashes
Absolutely, but the recovery profile is not even close to the same. Unless you have a full time person with physical access to your server who can go press buttons.
> data loss
I'm going to shift this one a tiny bit. What about hardware loss? You need backups regardless. On the cloud when a HDD dies you provision a new one. On premise you need to have the replacement there and ready to swap out (unless you want to wait for shipping). Same with all the other components. So you basically need to buy two of everything. If you have a fleet of servers that's not too bad since presumably they aren't going to all fail on the same component at the same time. But for a single server it is literally double the cost.
> doesn't involve lots of administration
Again, this is relation to Bedrock with is a managed serverless environment. So there is litterally no administration aside from provisioning and securing access to the resource. You'd have a point if this was running on EC2 or EKS but that's not what my post was about.
> Thinking that we don't know any better is both disingenuous and a bit insulting.
I'm not saying cloud is perfect in any way, like all things it requires tradeoff, but quite frankly I find you dismissing my 25 years of experience, 1/3 of that has been working in real data centers (including a top-50 internet company at the time) as "fluff" as "disingenuous and a bit insulting".