Probably so. And that would be likely my approach at such scale.
Still, my most benevolent interpretation of current reality is, rather than saying "that cloud native stuff is crap", accepting that there are cases where it may make sense.
For instance, large companies might have trouble hiring a good ops team because they have in general trouble hiring and retaining talent (another conversation topic).
Ops people are a scarce good because univs do not train people for that and most people prefer coding. I am leaving the work devops out because the market completely perverted its meaning.
(my take on the devops funeral: https://logical.li/blog/devops/ )