Cloud is not crap - why set up an entire infrastructure when you can just pay per consumption?
If the data is not in your house it is not your data.
Same as these gold investments. If you can’t hold it in your hand you don’t own it. It can be taken from you when the cloud fails either on purpose or by chance.
The problem is that every blogger or college graduate over the last 10 years has put their spin on agile so it is so diluted it will never work efficiently.