Why all the doomsday prophecy? This case concerns an individual who uploaded his files to the cloud without keeping a local version. I am going to assume that most people who use cloud storage services like Dropbox and Google Drive use them as redundant backup services. Hell, even IMAP email is cloud-based.
The convenience and utility of the cloud is amazing. Nothing like it existed even five years ago. Its drawbacks are principally security-related, but only one poster has mentioned that aspect in 19 posts.