Before AI, the cloud was the big thing. It took years for companies to understand the risk of hosting on someone else’s infrastructure, regardless of the initial cost savings. I’m somewhat happy to see reality sink in, though this specific case is quite alarming.

If AI survives, we’ll see inflated costs drive companies back to hiring actual human beings to do the work.

VMWare was run on local infrastructure long before the cloud existed.

... except this is on-prem with their own infrastructure, not cloud?