Big companies have thousands of budgets. An email is _worthless_. In fact, it would probably cause me to lose faith in a cloud that provided that as the control.
Because most enterprise users would much rather have overages in billing than outages. The opportunity costs on any serious service I deploy dwarfs usage pricing, at least at the level a generic cloud can determine.
So it’s a feature the best customers don’t want, that adds risk to those customers deployments, to appease the worst customers.
At least historically. Perhaps Simon is right that the calculation has changed.
It’s not a binary decision though. Any sensible enterprise has many AWS accounts. Often hundreds or thousands. It’s the only clear separation of privilege.
There’s no reason for the majority of them to have an infinite budget cap. Prod? Sure. UAT? Why not. The sandbox environment Johnny just spun up to test some new agentic workflow? Hell no.
Every consumer bank and piddly credit union in America will offer cash management customers a sweeps program that will stripe your funds across banks to keep you under the insured limit at each bank.
Whether you want to do that vs bonds is a risk, liquidity and yield decision.
Even a cursory reading of that article is full of stat crimes. They denominate a single value for the past then a gigantic range for current times. But basic math shows no major increase for the bottom of their range in their own numbers.
I don’t have any intuition or stats either way but that’s a bad and biased citation.
Which is not surprising giving it’s selling something.
The more fair reading of the parent comment is that some people bought homes prior to 1968 with racial covenants attached that were subsequently made illegal. Those homes built in that regime still exist. So we have precedent within the lifetime of the _homes_ for this sort of change.
Also just as an interesting historical oddity, here is a map of home deeds in Chicago that still have (obviously illegal and unenforceable) racial covenants. Including tons in the Washington park neighborhood made famous by Raisin in the Sun!
Fwiw I’ve had next day non-emergency mri (and sadly same day emergency mri). And this was across 2 states. I absolutely believe that coverage is spotty. But mri machines are extremely common in most places in the US.
Your presentation about fiat money is more biased than anything presented in the article.
Take the UK. They only left the gold standard due to ww1. But they broadly stopped accepting anything but governmental currency in the 1400s for tax payment.
It turns out money is more useful than commodities even when it’s a 1:1 relationship and even with that 1:1 relationship governments want their currency to have official legitimacy.
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