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This is absolutely happening. I'm not a developer in SV, I'm an IT leader out on customer land, and I can tell you a LOT of companies are looking to bring things back on prem for security and cost reasons. And before anyone laughs, yes, you ABSOLUTELY can save money going on prem, I've done it for company after company. It's one reason the PE firm that I've worked under for a decade kept moving me to new companies.
Let them laugh. Self hosting is much easier with OSS that solves most of the pain that made the cloud transition worth it, and commodity hardware has been cheap and capable for over a decade.
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My company just did this. Still using AWS S3 but everything else is on-prem with kubernetes.
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