They could benefit if they looked at infrastructure as a profit center instead of a cost center, and paid/outfitted their IT staff appropriately. But most won'

They could benefit if they looked at infrastructure as a profit center instead of a cost center, and paid/outfitted their IT staff appropriately. But most won't, and AWS/Azure/Gcloud/etc is a way of offshoaring infrastructure to those that do view it as a profit center. In some ways it's positive, as non-technical leadership is coming around to the fact that they don't do technology that well, and can still look modern/ahead of the curve at conferences by using "the cloud".