Don't know if you follow Ben Worthen's usually insightful blog on WSJ.com...as you might expect from following this blog, I don't agree with him or the mostly evolutionarily-challenged posters that inexplicably agree with his premise that Cloud is just a lot of fog. If you want a dose of classic FUD (fear uncertaintly and doubt) re where software is headed, check this out
And for a good view of why Larry feels this way, all you have to do is add up all of those zeros behind the 20%+ yearly maintenance fees that continue to prop-up software and application companies. Here is Larry's own Co-President: “We get to keep virtually all of that money,” said Oracle Co-President Safra Catz. Sure, some of that goes to customer service, but Catz said that mostly customers are paying for access to the new software – and Oracle is going to develop that new software regardless of whether customers pay them maintenance fees. For Oracle, maintenance is pretty much free money, about $10.5 billion worth in its 2008 fiscal and about $1.5 billion more than that this year. “When many customers just send you money for something you’re doing anyway, you literally can’t help [but increase profits],” said Catz.
You can't make this stuff up... if there was any doubt about what these companies are poo-pooing Cloud it is for this reason.