It's important that all utility metering and pricing is effectively made up to balance costs across customers.
That's why residents in california probably pay 100000x / unit of water than agriculture customers do .
The same works for the cloud. An operation that costs $100000 does not cost the operator $85000 in operations on the margins.
Yes the metering and pricing schedules are necessary, but punitive pricing for accidents really is just an artifact of the system.
I'm guessing the biggest reason AWS provides forgiveness is that if anyone took them to court over a bill, a court would throw out the charge once the wholesale cost was revealed.
That's why residents in california probably pay 100000x / unit of water than agriculture customers do .
The same works for the cloud. An operation that costs $100000 does not cost the operator $85000 in operations on the margins.
Yes the metering and pricing schedules are necessary, but punitive pricing for accidents really is just an artifact of the system.
I'm guessing the biggest reason AWS provides forgiveness is that if anyone took them to court over a bill, a court would throw out the charge once the wholesale cost was revealed.