No, because that "guy" would want a vacation and would suddenly become the most important person in the company. You're running teams of people, not cogs. Once you realize that, you'll also realize that cloud services are like 5-6x the total cost.
Cloud services are not efficient or cheap, they're convenient for the unprepared and haphazard management style that VC's love.
You should review the difference between CapEx and OpEx, and specifically focus on why companies might prefer to pay “5-6x the total cost” when that cost comes in the form of OpEx.
You may still disagree in the end, but you should come to the conclusion that it is not categorically stupid for some companies to choose to pay much more over time so that they can pay a lot less right now.
Cloud services are not efficient or cheap, they're convenient for the unprepared and haphazard management style that VC's love.