The multi-cloud strategy is a complex and evolving concept that has both benefits and drawbacks. Public cloud providers have made significant strides in reducing outages, making it more feasible for companies to hedge against failures by using multiple clouds. However, this approach also introduces new challenges such as increased complexity, security risks, and vendor lock-in concerns. Experts argue that the primary goal of hedging against failures is no longer meaningful due to the rarity of prolonged outages among major cloud providers, suggesting a shift towards more flexible and adaptable strategies.