This document discusses the transition from traditional desktop computing to virtual and cloud-based computing. It notes that computing has changed from something owned that sat on a desk, to virtual resources that can be accessed from anywhere. This has implications for how things like data storage, processing power and ownership will work going forward. Examples are given of early cloud platforms like Amazon Web Services that allowed for on-demand access to computing resources and new business models like Uber and Airbnb that leverage the internet to connect providers and users in new ways at scale.