Techniques for allocating individually executable portions of executable code for execution in an Elastic computing environment are disclosed. In an Elastic computing environment, scalable and dynamic external computing resources can be used in order to effectively extend the computing capabilities beyond that which can be provided by internal computing resources of a computing system or environment. Machine learning can be used to automatically determine whether to allocate each individual portion of executable code (e.g., a Weblet) for execution to either internal computing resources of a computing system (e.g., a computing device) or external resources of an dynamically scalable computing resource (e.g., a Cloud). By way of example, status and preference data can be used to train a supervised learning mechanism to allow a computing device to automatically allocate executable code to internal and external computing resources of an Elastic computing environment.