as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
explain why the following statement is wrong: "cloud computing stores your data on the internet."
user
the statement is incorrect because cloud computing does not store data on the internet. instead, cloud computing stores data in a remote server which is usually connected to the internet. data can be accessed and retrieved from the remote server through the internet using an application.
assistant