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Cake day: September 3rd, 2024

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  • It’s an ROI thing, as people are pointing out. You’re hand waving that part away. A small business has to weigh an small annual fee and loss of control against buying expensive hardware and paying the salary of one or more IT professionals to maintain their in house systems. This also scales with the size of the company and their data, it’s expensive for a small company to buy one or two servers and storage solutions, it’s expensive for a big company to buy 20 of the same.

    You also lose out on off-site backups (without more investment of course) and global availability. Will every company that has a global team roll out servers in every global region? Small companies can have global teams as well.

    It’s simply not cost effective for everyone to have their own infrastructure. Cloud infrastructure is the same as any other infrastructure, it is cheaper to pool resources and share















  • leftytighty@slrpnk.nettome_irl@lemmy.worldme_irl
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    8 days ago

    Behavioral economics isn’t how we allocate our resources, it’s a correction of classical economics to include the human factor. The assumption that everyone is a perfectly rational profit optimizer only reflects reality insofar as we’ve codified that behavior into our laws and regulations such that shareholders can sue companies for not acting in that assumed way.

    The kind of economics people take as science don’t describe human populations throughout history.