S3 IS THE FUTURE, S3 IS THE PAST

Summary from the TLDR newsletter

Since S3's release 20 years ago, SSD prices have dropped steadily, and the gap between SSD and disk has narrowed to roughly 3x. S3-based infrastructure has now become the industry standard. However, the hardware constraints that motivated it are fading. The industry is codifying architectural patterns that exist to work around limitations that SSD storage doesn't have. Cloud providers have no incentive to disrupt a model that serves them well, so developers need to build the infrastructure primitives themselves.