Listen "Episode 2 | Micah Wheat on Cloud Cost Management in the Age of AI"
Episode Synopsis
SummaryIn this episode, the hosts discuss cloud cost management with guest Micah Wheat, co-founder of Dashdive. They explore the formation of Dashdive and the changes in the market that have made cloud cost management more important. They also discuss the use of arbitraging tools and the challenges of amortizing costs and pricing models. The conversation covers the differences between cloud cost observability and cloud cost management and the importance of granularity in cost attribution. The hosts and guest also delve into the impact of AI on cloud spend and the misrepresentation of cost structures by AI companies. The episode concludes with key takeaways, including the need for tools and the importance of aligning revenue and costs.TakeawaysCloud cost management has become more important due to changes in the market and the introduction of AI features.Tools that provide cloud cost observability can help optimize costs and improve profitability.Granularity in cost attribution is crucial for accurate cost management.Aligning revenue and costs is essential for optimizing profitability.AI companies may misrepresent their cost structures and need insights on unit and marginal costs.Chapters
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