AWS outage: Are we relying too much on US big tech?

The recent AWS outage is sparking concerns about over-reliance on US tech giants like Amazon, which dominate the cloud computing market in the UK and Europe. The outage disrupted services for companies like Lloyds Bank and HMRC, highlighting the risks of depending on a small number of providers for critical infrastructure. Despite the benefits of cost-efficiency and cybersecurity, experts suggest a need for more competition to reduce vulnerabilities and prevent widespread disruptions in the global economy.