Oh you are hilarious.
Time for your daily reminder that failovers, monitoring and backups DO NOT EXIST in the cloud UNLESS (a) you configure and manage them (b) deploy your services in multiple zones (and spend $$$$$ along the way).
Lots of people cannot do (a) properly and it is regularly demonstrated by AWS US-East-1 and others that not many people do (b) fully, or in many cases, don't do it at all.
So yeah, the cloud is still "complicated", it's just a different sort of complicated. And if you do failovers, monitoring and backups properly, the cloud is still "expensive", its just a different sort of expensive.