Again, it's a value judgement, so the answer is largely personal. For me, yes. The social license we give these larger companies after all the violated trust doesn't make sense. If your local shop owner/operator that you talked to everyday had the same attitude towards your when you went shopping and exchanged pleasantries with most weeks, people would confront them about their actions, and that shop wouldn't last long. We have created the disconnect for convenience, and tried to ignore the level of control these companies have on our day to day lives if they are so inclined or instructed to change their systems.

Cloud is just someone else's computer. These systems aren't special. Yes they are impressively engineered to deal with the scale they deal with, but when systems are smaller, they can get a lot simpler. I think as an industry we have conflated distributed systems with really hard engineering problems, when it really matter at what level of abstraction the distribution happens when it comes to down stream complexity.