In the last WServerNews[tm] Electronic Newsletter I read interesting quote by Larry Ellison:

Quote of the Week from Oracle CEO Larry Ellison

“The interesting thing about cloud computing is that we’ve redefined cloud
computing to include everything that we already do. I can’t think of anything
that isn’t cloud computing with all of these announcements. The computer
industry is the only industry that is more fashion-driven than women’s
fashion. Maybe I’m an idiot, but I have no idea what anyone is talking
about. What is it? It’s complete gibberish. It’s insane. When is this idiocy
going to stop? We’ll make cloud computing announcements, I’m not going to
fight this thing. But I don’t understand what we would do differently in
the light of cloud computing other than change the wording of some of our
ads.” — CEO Larry Ellison at Oracle’s annual financial analysts meeting.

Bravo Larry! I think and feel the same. It’s amazing how much rubbish “IT Press Community & IT Marketing departments” are producing on the daily basis about “cloud computing”, Web 2.0, etc. Finally, one CEO who has courage to openly address this BS. Thank you Larry!

[Update on September 25th, 2009: Watch this video on Youtube.]