this is reductionist to the point of absurdism.

It can be true that using cloud storage, using managed services, and paying a premium is still worth it for a lot of people and organizations, and while not perfect, still a hell of a lot better compared to the fully in your control tape backups that you distribute to different physical locations every week.

I'm not a particular fan of relying on one provider or vendor lock in, but to pretend they don't provide a service with failure rates that are low enough to be very useful is a very short-sighted take.