I hope there always will be a big enough minority of software engineers who will be actively working against all the complexity and resume driven development (RDD) and pushing simpler and more scalable solutions instead of Rube Goldberg machine of the cloud (there is a lot of use for a cloud, but most of the companies just doesn't need it).

On the other side, loosing deployments to some "cloud solutions" will make things worse for everyone and general PC computing - right now macOS and Windows is only usable for development and general PC computing because of software engineers needed it. The moment it will be fully replaced by cloud - all major OSs will be locked down as much as possible.

Branding "serverless" as a cloud feature was a huge marketing ploy - there were serverless software before cloud existed, it was running on your personal computer, not on someone else's server.

Same for localhost.

Localhost should be alive forever.