this post was submitted on 30 Sep 2024
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Enh, the tech space is very much innovate or die. So yeah, they could probably throw everything in maintenance mode and make a reduced headcount work, but if AWS goes stagnant it's entirely likely that Amazon goes the way of IBM and Motorol. Especially when someone (likely, Microsoft or Google) comes to take a slice of the AWS market share.
Is it still? The VC funding has started drying up and every tech company has started worrying about profitability now. I think the old innovate or die mantra has played itself out.
And IBM & Motorola diminished in part because they stuck to older industries where cost became as important as innovation and didn't lower their cost.