Goldman Sachs envisions cloud computing infrastructure so commoditized it trades like pork bellies

"Goldman's grand vision for the cloud is a day when computing infrastructure becomes so commoditized that it can be traded frictionlessly on an open market, like barrels of oil or pork bellies."

New York City:   Tue, 11/18/14 - 8:08pm    View comments
 

According to Don Duet, the Managing Director of Cloud Strategy for Goldman Sachs, about ⅓ of its 33,000 employees are engineers building software for a compute farm of over 300,000 cores that run Monte Carlo Simulations.
 

But what really caught my attention was his following statement:
 

"Goldman's grand vision for the cloud is a day when computing infrastructure becomes so commoditized that it can be traded frictionlessly on an open market, like barrels of oil or pork bellies."
 

Related document:

Meet the Internet's Newest Cloud Startup: Goldman Sachs?
 

What's your take?

1. Cisco 9-month switch sales plunge -$278 million while Arista's soar +$164 million
2. $188 million reasons why a Cisco customer needs a patent and copyright infringement indemnity agreement with Cisco
3. Cisco's Q1'FY15 gross margin, net income, EPS, operating cash flow and share repurchases declined year-over-year
4. Cisco funded patent troll, Finjan, sues Palo Alto Networks
5. Wall Street: Arista de-facto standard in data center networking
6. Cisco stealthily increases San Jose layoff by +11%
7. How to compromise a Cisco ASA
8. Understanding Cisco's volume purchase agreement (VPA) rebates
9. Nightmare Cisco customer product deployments
10. Cisco's rewarding top talent during the firing of 6,000 employees
11. Cisco's Frank D'Agostino questions credibility of VMware's Dominick Delfino
12. Huawei appears to be eating Cisco's lunch in Russia
13. Rumor DOJ fed up with the exorbitant amount of FCPA claims filed against Cisco
14. Leaked traffic figures show Cisco's cloud growth has become nonexistent
15. Niels Furu the EMEA sales vice president who delivered Cisco's highest gross margin has quit
16. Rumor Cisco has hired lawyer Richard J. Nelson to sue the world's most elite Cisco dealers
17. Urgent need to hire Cisco Nexus and ASR 9000 bug scrub engineer
18. Wall Street calls for splitting Cisco into 2 separate businesses
19. Cisco's using layoffs to tee up payroll costs of channel partners
20. View the archive of Bloggers speak out on BradReese.Com