I don’t get what you’re implying. What is repatriating; You think they will move their workloads to on-prem?
Is there something different about the world that changed the trade-off calculus for cloud vs on-prem from how it was in the last 15 years compared to now?
(I’m as anti-cloud-overspend as the next guy on hn btw. Just trying to make sense of your comment’s worldview.)