Increased productivity powers economic growth. A recent replay of Planet Money discussed the power of well - power. The ability to do more with less increases efficiency of a system. Increased efficiency leads to gains in productivity. Thus increased economic activity. It’s a simple concept of economics.
Public cloud is another example. Small and large businesses alike take advantage of what appears infinite scale of services from AWS, Google Compute, and Microsoft Azure. The services are cheap and highly effective when used in chunks. However, organizations have discovered moving entirely to these services exclusively proves cost prohibitive.Read More