Confluent is working on Project Metamorphosis, an initiative that aims to bring together two major shifts in the world of data: event streaming and cloud computing. Event streams are a key aspect of Confluent's business, but they often involve manual configuration and management. The project seeks to simplify this process by providing a seamless experience for users. Confluent Cloud is being updated with features such as elasticity, self-service expansion, automatic data balancing, and autoscaling, which will allow users to scale their clusters up or down as needed without manual intervention. These changes are expected to make cloud-native data systems more accessible and user-friendly. The project also aims to bring cloud-like elasticity to private cloud and on-prem environments through the Confluent Operator and contributions to Apache Kafka itself.