Eh, the Cloud will become like electricity. One day we won't even think about it but it will be integral to daily life. Outages and breaches will occasionally happen but we will live with it. Software vendors like Microsoft won't even sell packaged software (even games) because it will all be SaaS. Big organizations might continue to run their own internal clouds using Cloud appliances. These appliances will integrate seamlessly with public clouds where it makes sense to do so.

I'm not in love with the Cloud. Far from it. However, it's clear where the industry and paradigm is headed and it's straight to The Cloud.