“There is no reason anyone would want a computer in their home." - Ken Olson, Founder of Digital Equipment Corporation, in 1977

In hindsight this is getting truer, what with the push of dumb terminal for everyone

Everyone has at least one in their pocket right now though.

Sure there is. Keeping your IP in house.

You pay a 3x markup to rent a server through AWS than managing your own. You pay for convenience. At shall annals that's fine, but for large companies with their own datacenters, you generally do things in house.