I’ve been working with what I used to call “utility computing” tools for about 6-9 months. However, for about the past 2 months, I’ve been seeing the term “cloud computing” all over the place, and there is so much buzz surrounding it that it’s reaching that magical point best described using Alan Greenspan’s words: “Irrational Exuberance”.
When Alan Greenspan used those words to describe the attitudes of investors toward the markets, what he was basically saying was that there were people who didn’t really know what they were doing, putting more money than they ought, into things they knew relatively little about. Further, he was saying that the decisions people were making with regards to where to put their money were a) bad, or at least b) not based on sound reasoning, or the ‘facts on the ground’.
This, I think, is where we are at with “cloud computing”. The blog post that put me over the edge is …
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