The document discusses the integration of complex physical machinery with networked sensors in the context of the Industrial Internet, highlighting significant advancements in cyber-physical systems (CPS) and cloud computing. It outlines the challenges and opportunities presented by ultra-large-scale CPS, emphasizing the need for improved programming models and fault-tolerant systems to effectively leverage 'elastic hardware'. The presentation also stresses the importance of rethinking cloud computing principles to address the unique requirements of elastic CPS applications, particularly in real-time environments.