If cloud was cheaper than on-prem, all the cloud providers would simply rent from other cloud providers in an infinite regress asymptoting to 0 cost. Relevant

If cloud was cheaper than on-prem, all the cloud providers would simply rent from other cloud providers in an infinite regress asymptoting to 0 cost. Relevant xkcd: https://xkcd.com/908/ https://xkcd.com/908/