Not for cloud services. Cloud prices have been deflationary for decades. And this makes sense as software has a near zero marginal cost and efficiencies in hardware and data center management are occurring faster than “normal” inflation.
That’s true but that’s what I meant by software has near zero marginal cost. Employees scale massively with cloud providers.
I mean a single sysadmin can automate and manage a million vms. So if the admin’s salary goes up 10% then that’s almost nothing in terms of costs for customers.
This is different from other brick and mortar businesses where the price of corn goes up 10% so the price of potato chips goes up 10%.