“Since the start of 2023, spot ratios have spiked as much as 55% (in us-east-1 ).”
Eric Pauley’s group launched 5.5 million spot instances on AWS since October 2022 and watched preemption rates nearly quadruple in a few months. Everyone trimming cloud bills moved to spot at once. The “up to 90%” discount only worked while other tenants overpaid. Now the cheap seats are full.