This is quite a trite argument from my point of view. Also, this is from the perspective of the business, which I don't particularly care about, and I tend to look from the perspective of the worker.
Additionally, the cloud allows to scale quickly, but the fact that it allows to delegate everything is a myth. It's so much a myth that you see companies running fully on cloud with an army on people in platform teams and additionally you get finops teams, entire teams whose job is optimizing the spend of cloud. Sure, when you start out it's 100% reasonable to use cloud services, but in the medium-long term, it's an incredibly poor investment, because you still need people to administer the cloud plus, you need to pay a huge premium for the services you buy, which your workforce now can't manage or build anymore. This means you still pay people to do work which is not your core business, but now they babysit cloud services instead of the actual infra, and you are paying twice.
Cloud exploded during the times of easy money at no interest, where startups had to build some stuff, IPO and then explode without ever turning a single dollar of profit. It's a model that fits perfect in that context.
Ahaha yes, that might be the case, but I started to lose hope if the top of the applicants (out of hundreds of rejected!) all exhibits this behavior. I can't help but feel that now we are looking for people with a mindset and skillset that is simply disappearing in the industry.
And as I said in another post, I perfectly acknowledge that if I stopped reading and investigating stuff on my own, I could absolutely keep my job by just mindlessly administering a few services and rephrasing CIS benchmarks...