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David Meier

๐Ÿ‘ค Speaker
189 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

Thank goodness it happened at 3 a.m.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

Eastern Time.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

I don't know exactly how much traffic is flowing through there.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

I remember in my backyard in Northern Virginia, 35% of the world's internet traffic used to flow through my backyard at peak times.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

I'm not surprised.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

But quite frankly, I'm impressed how quickly they recovered it.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

And I'm surprised it doesn't happen more.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

Maybe it does, and we just don't feel it.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

The answer is yes, there is concern.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

I don't know how much I should be concerned, though, because this is the direction that everything is going.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

Many years ago, I was talking with some folks, and I'm like, when the internet came up, we are always going to be going more digital

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

not more analog.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

AWS, Azure, Google computing platform, GCP, they all sprung up and they all provide these types of services.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

I don't think we're going to a single point of failure.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

There's not going to be one company that always does everything for everyone.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

But we don't have nearly as many companies doing this as when the internet was first being created.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

There aren't as many IP companies, things like that.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

I don't know.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

Like I said, it's one of those things where it's the cost of doing business.

Motley Fool Hidden Gems Investing
AWS Goes AWOL: Are we Too Dependent on the Cloud?

If you're not going to own your own hardware and manage your own hardware, you're essentially paying for the risk of