Earlier quoted context omitted.
The absolute level of computation available isn't changing at the consumer level. What's happening for the next decade is the destruction of businesses hosting their own IT infrastructure and moving it to a couple of core centers. So, the computational "Gini index" is increasing, but no one is being thrown into computational poverty.
The parent comment doesn't seem to specify "consumer level" and the loss of businesses having their own infrastructure is equally troubling. Everyone is putting a lot of eggs in a very small number of baskets.
Now, you could play with that analogy further and see some issues as well, but I don't think the issue here is centralized failure; all these data centers/"clouds" are at least good. The Cloud is about businesses focusing on core business and not supporting functions.
[Disclosure, I work on the Google Cloud team, I'm biased]