the idea that amazon or microsoft are going to take over the whole public cloud i think is not the narrative, not what people are expecting it is acknowledgment that the pace you're moving to the cloud, both amazon and microsoft had slowing cloud growth but was still the fastest growing business with very strong margins. >> paul, the point you made about privacy, there's a report in the journal that you have something like a dozen countries around the world considering new taxes, digital taxes on u.s. tech companies how much risk is this, especially if you start to see some taxes tied to things like revenue rather than profit >> i don't think it is going to be that much of a financial risk to the companies they have huge cash flow generation, very strong balance sheets, but what i do worry about is, and it is not going to be a game killer, but i do worry about what is going to be their