Good morning. The U.S. cloud computing industry could lose between $21.5 billion and $35 billion in revenues over the next three years as a result of concerns about the National Security Agency’s electronic surveillance programs, the FT’s Paul Taylor reports. The figures, calculated by the Information Technology & Innovation Foundation, are the first serious attempt to gauge the impact of the NSA revelations on cloud computing providers.
I do not use cloud services, they are a waste of time, and do not seem secure enough to me.
Uh… Al Gore could earn the economy $10.5B with this one easy trick he learned from Jay Leno.
Store your data in the cloud and download it direct into NSA computers
We pretty much knew this already and were just waiting for anouncment. Cloud will work and become very good, but will be for gaming and entertainment mostly. Otherwise corp’s will set up their own clouds.
The “Cloud Industry” is smoke and mirrors. “They” want you to give up the computing power of your desktop, phone, and tablet so that “they” can provide you (read that SELL you) storage, processor, network and applications that “they” control.
The best incentive I can imagine was Apple iCloud replacing my scratchy albums with fresh digital music, and in the end it was not worth it.