Am I the only one that hates the "cloud" buzzword? I'm trying to wade through the meaningless crud in this article, and I can't quite pinpoint what this article

Am I the only one that hates the "cloud" buzzword? I'm trying to wade through the meaningless crud in this article, and I can't quite pinpoint what this article is advocating. It seems like he's simply suggesting to run your database, message queue, etc. on a remote server so you don't have to install it locally. That's not at all a new concept, and he's still advocating that you use a local editor/IDE, so you'd still need to install that as well as your language interpreter, external libraries, etc... Am I missing something?