[smitty1e]

Object storage in the cloud is likely to succeed there, but then cost and security issues arise.

If data are encrypted, then managing keys is another pain/cost dimension.

At the several decade point, keeping copies at multiple vendors becomes a discussion point, since even Google and Amazon are not likely to be immortal, and that Ukrainian data center might experience physical security challenges.

[krater23]

There was days where a complete bunch of cloud users lost all their data. So, no, this will not succeed too.