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Oracle CEO hates on cloud computing

If you’ve never been a fan of the cloud computing hype that has been bandied about the web lately, check out this video of Oracle CEO Larry Ellison bashing the technology.

As far as Ellison is concerned, cloud computing has been around for years. It’s just a computer connected to a network, he says. He also believes many of the people who push cloud computing have no idea what they’re talking about.

Although the CEO doesn’t use the kindest of words to make his point, his argument is very valid. Cloud computing hold a lot of promise for the feature, but too many people have “jumped on the cloud” without fully understanding the technology or its background.

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