I am looking at the graphs, and all I see is a substantial influx of new funds into cloud services. Non-cloud investments remain steady but are not experiencing

I am looking at the graphs, and all I see is a substantial influx of new funds into cloud services. Non-cloud investments remain steady but are not experiencing significant growth. What does the volume indicate? Is the cost of on-premises infrastructure rising, or are people simply facing increased computing demands? I wish. I sincerely hope that owning the entire stack in a private data center won't become exclusive to a select few hyperscalers in the coming years. I am somewhat biased, because I am a Linux admin forna company that has its own datacenters that is migrating to the cloud, but I find it distressing that everyone appears to be migrating to the cloud for reasons that seem dubious, such as "Gartner told me to." Like mentioned at the end of the article, I predict a great loss of knowledge for everything that is not abput the usage of a proprietary api.