You Are Still Underestimating Cloud

Grazed from TheStreet.  Author: Dana Blankenhorn.

There are two primary drivers for our current economic recovery.One is oil, specifically fracked oil and gas. I think we have overestimated its importance, because fracked wells don’t last. Their costs and depletion rates are high. They’re a bridge and not the highway.  Second is cloud, the computing revolution that began in the last decade. I think cloud is the highway, and here’s why.

Back when I started as a tech reporter in the 1980s, one theory held that computers could do just one thing at a time and could run just one operating system. When the Web was first spun, sites could go down if there was a rush of traffic to them…

Cloud changes the paradigm. Distributed computing allows for infinite scale and parallel processing of jobs. Virtualization lets a computer run multiple operating systems, which allows for infinite scaling using the cheapest chips…

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