My 2 cents: Whoever owns the data owns the business!
During an on-stage discussion with Apple (AAPL) critic Mike Daisey, the Cupertino-based company’s co-founder Steve Wozniak expressed major concerns about the future of computing and the shift to the cloud, Agence France-Presse reported. “I really worry about everything going to the cloud. I think it’s going to be horrendous. I think there are going to be a lot of horrible problems in the next five years,” Wozniak said, adding that “with the cloud, you don’t own anything. You already signed it away” through the terms of service all cloud computing users must agree to.
“I want to feel that I own things,” he said. “A lot of people feel, ‘Oh, everything is really on my computer,’ but I say the more we transfer everything onto the web, onto the cloud, the less we’re going to have control over it.” The co-founder has never been one to mask his opinions, having previously praised Microsoft’s (MSFT) Surface tablet and Google’s (GOOG) Android operating system while criticizing Apple’s voice assistant Siri.