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Single point of failure: The hidden cost of the cloud

If today’s outage at AWS (Amazon Web Services) has shown us anything it’s how reliant we all are on the likes of Amazon, as well as Microsoft and Alphabet for many of the online services we more or less take for granted.

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💡 DMK Insight

Today’s AWS outage serves as a stark reminder of our digital dependency on a handful of tech giants. When the backbone of the internet stumbles, it’s not just a hiccup; it’s a wake-up call for businesses and consumers alike. This incident underscores the fragility of our interconnected systems and the potential chaos that ensues when they falter. As we navigate this digital landscape, it’s crucial to consider diversifying our reliance on these platforms, lest we find ourselves at the mercy of their next hiccup.

📮 Takeaway

Investors should monitor the resilience of tech giants and consider diversification strategies.

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