We sorely need some disruption. I rent cloud VPSes at Hetzner that cost me $27/month for 10000 Geekbench. The most efficient in house option are small nettop computers with 13700H processors that get you 13000 geekbench for $500, 50 watts of power and less than 1 liter of real estate. That same computing power would cost me north of $1000/month at AWS or Azure, and about $300 at smaller cloud providers. Which means big cloud companies got too comfortable and overcharge massively.
I never understood the value proposition of Xeon, Epyc-s and other 'enterprise-grade' hardware, considering the strong push towards horizontal scaling, failover reliablity, microservices, etc.
Are they more reliable, are they bigger? They are certainly are more pricey.
I have ratty-ass computers running at home with weeks worth of uptime. More is not really needed, ironically my home stuff usually has much longer uptimes than the prod infrastructure that I work on, that has constant restarts due to upgrades, configuration, etc.
One thing is ECC. They don't want random errors in production. Another is number of threads. They can sell 112 "vcores" off one Xeon to 112 customers for web serving.