I, Cringely » Blog Archive » 2011 prediction #8: Cloudburst - Cringely on technology:
There’s also the issue of what happens when some cloud service goes out of service permanently? These are startups, remember, and a good percentage of startups fail. Some cloud computing outfit is going to quickly and quietly shut down, taking with it the data (business, photos, video, memories, etc.) of tens of thousands of users. Once we’re storing everything in the cloud, what’s to keep us from losing everything in the cloud?