The Cloud... Are we there yet?

I recently watched an episode of the game overthinker and he voiced my sentiments about the cloud pretty well(1).  I like the idea of the cloud, but I would not push for a software which is in the cloud.  While I am blessed that I am connected to the cloud 24/7, I still can't help but wonder about those who are disconnected.  Note that this number is actually huge, we just don't notice it because almost everyone we know is also connected.  Take Philippines (I am Filipino, so please don't mind that I am using my country as an example) as an example, there are 5.9 Million internet users, and the population of the Philippines is 91.9 Million.  That translates to 6.42% of internet penetration (2,3) .  How would the other 93.58% would cope up if people keep pushing for the cloud?

I think the problem lies with the fact that software developers, are really excited with the cloud and thus design more and more things for the cloud, but the price of an internet connection is not going down fast enough, thus forming a huge disconnect.  I am only mentioning the cost of being connected.  If you factor in security technologies being able to keep up with the cloud, then we can really say that we are not there yet.  Remember the PSN hack?

And as the Game Overthinker said, going to the cloud now is like moving into a house without any water or electricity, it will be exciting at first, but as soon as night time falls and you realize you dont have lights, it will get old pretty quickly.

What do you think?  Please comment.  I would really like to hear other people's views.

References:

1. http://screwattack.com/videos/TGO-Episode-53-Things-Learned-In-The-Dark
2. http://www.google.com/publicdata?ds=wb-wdi&met_y=it_net_user&idim=country:PHL&dl=en&hl=en&q=internet+penetration+in+the+philippines#ctype=l&strail=false&nselm=h&met_y=it_net_user&scale_y=lin&ind_y=false&rdim=country&idim=country:PHL:USA&tdim=true&hl=en&dl=en
3. http://www.google.com/publicdata?ds=wb-wdi&met_y=it_net_user&idim=country:PHL&dl=en&hl=en&q=internet+penetration+in+the+philippines#ctype=l&strail=false&nselm=h&met_y=it_net_user&scale_y=lin&ind_y=false&rdim=country&idim=country:PHL:USA&tdim=true&hl=en&dl=en