Cloud has been generally getting cheaper if you take inflation into account. But hating AWS is the fad so...

Cloud is literally never cheaper, especially if you perform benchmarks.

Yes, EC2 might seem to be only 2.5 times the cost of storage... Except that, even if you buy the high speed storage, it's going to be 10x - 100x slower than bare metal. Which then means you can buy much slower drives, if you wanted to, and save a shit ton of money.

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