While the trend is deffinately happening, you are very correct that it will not be without it's cons. Also of note is; how will the net neutrality debate end up effecting applications in the cloud? If the service providers get their way eventually, we could end up paying hefty premiums to access our data and applications. Or worse, have our connection speeds throttled back so that it takes hours to get our work done.
As your source points out, the role of IT will certainly change. The role of the developer will most deffinately change. Lets face it, the entire information technology ecosystem will shift at some point as it has in the past.
There are plenty of people on both sides of the argument of whether this change is good or not. I'm on the fence on this one. I see it as a good evolution of our technology, and enabling much better flexibility in development. But on the other hand, I'm quite fond of my desktop, and couldn't imagine a world without it. Also at this point, I just don't trust cloud security or avaliablity. Maybe once broadband has fully encompassed the entire country, and cloud computing has proven itself to be as secure and stable as traditional computing, I will be more accepting of it.
I do see it as a good step in the right direction however. It's been a while since we had a good revolution in how we use computers. We are due.
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