by Karl Denninger
It does not matter how you feel about AWS booting Parler off its infrastructure.
You just saw a demonstration of why any business that has anything important on “cloud” just became uninvestable and, in fact, the firm is valueless.
Oh no, you say, that’s not what this means.
Oh yes it is.
Remember that AWS has a specific terms of service. Nothing Parler did or was doing broke the law.
What business would you operate where some other firm’s employees can “revolt” and force you closed? On what planet is that risk exposure permitted by the law or your board of directors?