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EBS is network-attached storage and has its benefits and downsides. I don't think it's fair to compare it to local storage.

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Amazon's options for local, high speed SSDs aren't very compelling either. You're limited to the I2 instances and have to increase the instance size in order to increase storage performance

https://docs.aws.amazon.com/AWSEC2/latest/UserGuide/storage-...

Compare this to Google Cloud, where you can attach a local SSD to any instance type and you can increase the storage performance by increasing the volume size.

https://cloud.google.com/compute/docs/disks/performance

I didn't compare it to local storage, I compared it to highly available network storage.

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