[flohofwoe]

It does sound like an intentionally misleading name invented by the marketing / PR department of a cloud service provider though. IMHO it would be better to come up with a better name that describes what's actually happening.

[Spivak]

This already exists with FaaS -- function as a service. But then the common usage of "serverless" is FaaS plus all the additional services you need to actually make a real app.