Earlier quoted context omitted.
Do people ever worry that an entire cloud provider may go down, or is that too unlikely of a case?
In the past ten years: It’s happened more than once with Azure and GCP. I think it happened once with AWS, but not positive there.
I recall Azure had some sort of multi-region database failover disaster that took several regions offline, and GCP has had several global elevated latency/error rate events, but I don't think that any cloud provider has been "down" in the sense that the word is usually used.