Earlier quoted context omitted.
(Tedious disclaimer: not speaking for anybody else, my opinion only, etc. I'm an SRE at Google.) The key piece that's missing here is the idea that risk is something you have to compare, and can combine in interesting ways, then trade off against costs. There are a bunch of ways in which you can do compute, storage, and networking. You get to pick zero or more of these ways. One of them is "buy a bunch of iron and ma…
There should exist an option that is between those spectrum endpoints. One that runs a lot more free (inspectable, trustworthy) software than present cloud services. One that leaves some control with the owner of the data.
There exists just about every price point and combination of services you can imagine. It's awesome, too, because I can grow a business and can enter into the market with a whole "rack" of servers for almost no cost at all.