There's some truth to that w/ respect to the "cloud" storage services out there. Basically it costs $X dollars/month to host your data in a datacenter (with ban

There's some truth to that w/ respect to the "cloud" storage services out there. Basically it costs $X dollars/month to host your data in a datacenter (with bandwidth and cooling costs). So what we have now are several providers that basically offer the same service (a special folder and/or syncing) for roughly the same price. Look out in the next few months for companies that will disrupt classical client/server datacenter based storage with peer-to-peer protocols and in home devices (which don't have the same cost constraints that datacenters have). These product offering will in some ways be similar to dropbox, icloud, etc, but they will be an order of magnitude cheaper and an order of magnitude faster. I work at one of these companies. http://spacemonkey.com/ http://spacemonkey.com/ If you're interested in P2P storage and distributed systems check us out, we're hiring.