The issue with this use-case is that the "I want to be able to rent elastic compute for it" is not a fundamental need or desire, but effectively a desire to sav

The issue with this use-case is that the "I want to be able to rent elastic compute for it" is not a fundamental need or desire, but effectively a desire to save costs for hardware and other infrastructure. Like, for a true need you could imagine someone saying "I really want this, no matter how it costs" - but you wouldn't do that for elastic compute if doing that locally was 100x cheaper; and in a similar way, the "wish to cooperate" by sending compute jobs to each other is meaningful if and only if you can actually save effort this way, but if there's a 100x overhead cost for FHE (and in reality it's far worse than mere 100x), that doesn't make sense, and you'd simply be better off doing it without distributed / peer-to-peer / cloud computing and just buy and maintain your own non-shared hardware even if it's used only 5% of the time. And I'm not sure if FHE can ever get to overhead rates so low that these use cases would start to make sense, like, there's no good reason to assume that a mere 10x overhead FHE is even theoretically possible.