You say this like it's obvious that AWS is better.
There are certainly cases where AWS can be better (ease of edge networks and multi-region availability come to mind)
But outside of a very small set of cases (most of which are when companies are victims of their own success - which is actually a wonderful problem to have) what's the compelling reason to actually use AWS if "Of course I am paying more" for it?
In my opinion, if you can still run your db on a single machine - you don't fucking need the cloud yet. That covers a pretty large chunk of businesses.
Most of the "cloud" is convincing business that could self-host their entire stack on a raspberry pi in a basement that they should be spending thousands on cloud compute costs a year.
Fuck - the most damning evidence is simply how much fucking money these companies are making from upselling you cpu cycles that they're getting mostly for free. For the 4th quarter of 2021, amazon reported a profit of 5.2 billion on ~18 billion in revenue from AWS.
