Larry Ellison thought the cloud was a "fashion driven" software buzzword fad in 2008 [1][2], a miss as big as Ballmer with the iPhone. The cloud will ultimately

Larry Ellison thought the cloud was a "fashion driven" software buzzword fad in 2008 [1][2], a miss as big as Ballmer with the iPhone. The cloud will ultimately probably kill off Oracle. > The Oracle chief executive told shareholders at the company's annual meeting Friday that the technology is a fad that doesn't have a clear business model, despite the fact that Google , Microsoft and practically every other tech company is singing its praises. > "I think it's ludicrous that cloud computing is taking over the world," Ellison told about 100 shareholders who attended the meeting at the software maker's headquarters. "We think it's very hard to make money in this thing." [1] https://www.youtube.com/watch?v=0FacYAI6DY0 https://www.youtube.com/watch?v=0FacYAI6DY0 [2] https://www.forbes.com/2008/10/10/ellison-cloud-computing-tech-enter-cx_wt_1010oracle.html https://www.forbes.com/2008/10/10/ellison-cloud-computing-te...