Is the argument here really "let's all go back to using dumb terminals and make The Cloud a remote mainframe"? How is this a net gain for individuals? We have

Is the argument here really "let's all go back to using dumb terminals and make The Cloud a remote mainframe"? How is this a net gain for individuals? We have these magnificent 16 core, 32 gb local environments and we should give up control because hype? Right